| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $307M | $312M | $292M | -1.5% | 5.2% |
| Op. Income | $188M | $223M | $191M | -15.5% | -1.4% |
| Gross Margin | 79.3% | 91.2% | 85.8% | -11.9pp | -6.4pp |
| Net Margin | 48.8% | 56.8% | 52.1% | -8.0pp | -3.3pp |
| EPS (Diluted) | $0.42 | $0.49 | $0.42 | -14.3% | 0.0% |
| Free Cash Flow | $184M | $150M | $165M | 22.6% | 11.6% |
| Item | Amount |
|---|---|
| REVENUE | $307M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $243M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $55M |
| Operating Expenses | $55M |
| Cost & Expenses | $119M |
| OPERATING INCOME | $188M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $188M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | -$5M |
| BOTTOM LINE NET INCOME | $154M |
| D&A | $13M |
| EBIT | $201M |
| EBITDA | $214M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $307M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $243M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $55M |
| Operating Expenses | $55M |
| Cost & Expenses | $119M |
| OPERATING INCOME | $188M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $188M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | -$5M |
| BOTTOM LINE NET INCOME | $154M |
| D&A | $13M |
| EBIT | $201M |
| EBITDA | $214M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $150M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | -$9M |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $184M |
| Capital Expenditure | -$580.0K |
| Acquisitions (Net) | -$223M |
| Purchases of Investments | -$281M |
| Sales/Maturities of Investments | $447M |
| Other Investing Activities | $223M |
| NET CASH FROM INVESTING | $166M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$120M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$150M |
| FREE CASH FLOW | $184M |
| Net Change in Cash | $200M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $365M |
| Short-Term Investments | $5.5B |
| Net Receivables | $81M |
| Inventory | $0 |
| Other Current Assets | -$5.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $49M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5.5B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $6.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $833M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$833M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $371M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $2.4B |
| Treasury Stock | -$393M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $833M |
| Net Debt | $468M |
