| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $130M | $132M | $112M | -1.4% | 15.4% |
| Op. Income | $61M | $65M | $54M | -6.8% | 12.8% |
| Gross Margin | 78.8% | 81.0% | 81.9% | -2.1pp | -3.0pp |
| Net Margin | 38.7% | 41.0% | 40.8% | -2.3pp | -2.0pp |
| EPS (Diluted) | $1.32 | $1.42 | $1.21 | -7.0% | 9.1% |
| Free Cash Flow | $77M | $59M | $56M | 31.4% | 38.7% |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $41M |
| Operating Expenses | $41M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $61M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $9M |
| EBIT | $62M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $41M |
| Operating Expenses | $41M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $61M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $9M |
| EBIT | $62M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$97M |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$52.0K |
| NET CASH FROM INVESTING | -$107M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $270M |
| Short-Term Investments | $121M |
| Net Receivables | $62M |
| Inventory | $0 |
| Other Current Assets | -$31M |
| TOTAL CURRENT ASSETS | $453M |
| PP&E (Net) | $153M |
| Goodwill | $147M |
| Intangible Assets | $61M |
| Long-Term Investments | $110M |
| Tax Assets | $501.0K |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $502M |
| TOTAL ASSETS | $955M |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | -$51M |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $145M |
| TOTAL LIABILITIES | $185M |
| Common Stock | $122.0K |
| Additional Paid-In Capital | $343M |
| Retained Earnings | $591M |
| Treasury Stock | -$153M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $770M |
| Minority Interest | $0 |
| TOTAL EQUITY | $770M |
| TOTAL LIABILITIES & EQUITY | $955M |
| Total Debt | $98M |
| Net Debt | -$172M |
