| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $263M | $261M | $243M | 0.5% | 8.1% |
| Op. Income | $49M | $65M | $43M | -24.6% | 15.7% |
| Gross Margin | 58.5% | 61.7% | 57.5% | -3.2pp | 1.1pp |
| Net Margin | 16.1% | 21.8% | 16.0% | -5.6pp | 0.1pp |
| EPS (Diluted) | $0.99 | $1.32 | $0.91 | -25.0% | 8.8% |
| Free Cash Flow | $84M | $60M | $65M | 40.2% | 29.4% |
| Item | Amount |
|---|---|
| REVENUE | $263M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $154M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $44M |
| SG&A Expenses | $79M |
| Other Expenses | $26M |
| Operating Expenses | $105M |
| Cost & Expenses | $213M |
| OPERATING INCOME | $49M |
| Interest Income | $600.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $26M |
| EBIT | $50M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $263M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $154M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $44M |
| SG&A Expenses | $79M |
| Other Expenses | $26M |
| Operating Expenses | $105M |
| Cost & Expenses | $213M |
| OPERATING INCOME | $49M |
| Interest Income | $600.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $26M |
| EBIT | $50M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $84M |
| Net Change in Cash | $46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $369M |
| Short-Term Investments | $27M |
| Net Receivables | $174M |
| Inventory | $0 |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $602M |
| PP&E (Net) | $144M |
| Goodwill | $557M |
| Intangible Assets | $74M |
| Long-Term Investments | $63M |
| Tax Assets | $0 |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $852M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $54M |
| Short-Term Debt | $0 |
| Deferred Revenue | $196M |
| Other Current Liabilities | $113M |
| TOTAL CURRENT LIABILITIES | $363M |
| Long-Term Debt | $70M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $50M |
| TOTAL NON-CURRENT LIABILITIES | $156M |
| TOTAL LIABILITIES | $519M |
| Common Stock | $0 |
| Additional Paid-In Capital | $622M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$727M |
| Accum. Other Comp. Income | -$75M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $935M |
| Minority Interest | $0 |
| TOTAL EQUITY | $935M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $70M |
| Net Debt | -$299M |
