| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $259M | $263M | $244M | -1.4% | 6.3% |
| Op. Income | $50M | $49M | $48M | 0.4% | 4.2% |
| Gross Margin | 59.4% | 58.5% | 57.9% | 0.9pp | 1.5pp |
| Net Margin | 12.8% | 16.1% | 17.2% | -3.3pp | -4.4pp |
| EPS (Diluted) | $0.77 | $0.99 | $0.98 | -22.2% | -21.4% |
| Free Cash Flow | $40M | $84M | $42M | -52.3% | -4.7% |
| Item | Amount |
|---|---|
| REVENUE | $259M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $154M |
| R&D Expenses | $0 |
| Selling & Marketing | $40M |
| General & Administrative | $41M |
| SG&A Expenses | $81M |
| Other Expenses | $24M |
| Operating Expenses | $104M |
| Cost & Expenses | $209M |
| OPERATING INCOME | $50M |
| Interest Income | $400.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $24M |
| EBIT | $47M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $259M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $154M |
| R&D Expenses | $0 |
| Selling & Marketing | $40M |
| General & Administrative | $41M |
| SG&A Expenses | $81M |
| Other Expenses | $24M |
| Operating Expenses | $104M |
| Cost & Expenses | $209M |
| OPERATING INCOME | $50M |
| Interest Income | $400.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $24M |
| EBIT | $47M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$400.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $300.0K |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$61M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $349M |
| Short-Term Investments | $30M |
| Net Receivables | $174M |
| Inventory | $0 |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $587M |
| PP&E (Net) | $262M |
| Goodwill | $557M |
| Intangible Assets | $69M |
| Long-Term Investments | $62M |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $965M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $233M |
| Other Current Liabilities | $111M |
| TOTAL CURRENT LIABILITIES | $373M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $211M |
| TOTAL LIABILITIES | $583M |
| Common Stock | $0 |
| Additional Paid-In Capital | $634M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$731M |
| Accum. Other Comp. Income | -$70M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $968M |
| Minority Interest | $0 |
| TOTAL EQUITY | $968M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $176M |
| Net Debt | -$173M |
