| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $284M | $297M | $292M | -4.2% | -2.8% |
| Op. Income | $230M | $234M | $240M | -1.9% | -4.4% |
| Gross Margin | 102.3% | 99.1% | 109.5% | 3.2pp | -7.1pp |
| Net Margin | 65.0% | 61.7% | 65.5% | 3.3pp | -0.5pp |
| EPS (Diluted) | $0.66 | $0.64 | $0.64 | 3.1% | 3.1% |
| Free Cash Flow | $186M | $169M | $165M | 9.9% | 12.3% |
| Item | Amount |
|---|---|
| REVENUE | $284M |
| Cost of Revenue | -$7M |
| GROSS PROFIT | $291M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $61M |
| Operating Expenses | $61M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $230M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $230M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $185M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $185M |
| D&A | $6M |
| EBIT | $239M |
| EBITDA | $245M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $284M |
| Cost of Revenue | -$7M |
| GROSS PROFIT | $291M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $61M |
| Operating Expenses | $61M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $230M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $230M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $185M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $185M |
| D&A | $6M |
| EBIT | $239M |
| EBITDA | $245M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $185M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $761.0K |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $186M |
| Capital Expenditure | -$544.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$249M |
| Sales/Maturities of Investments | $312M |
| Other Investing Activities | -$166.0K |
| NET CASH FROM INVESTING | $62M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$120M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$11.0K |
| NET CASH FROM FINANCING | -$152M |
| FREE CASH FLOW | $186M |
| Net Change in Cash | $96M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $364M |
| Short-Term Investments | $5.7B |
| Net Receivables | $102M |
| Inventory | $0 |
| Other Current Assets | -$6.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $39M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5.8B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $6.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $643M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$643M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $371M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $4.6B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$316M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $643M |
| Net Debt | $280M |
