| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $507M | — | $465M | — | 9.2% |
| Op. Income | $155M | — | $137M | — | 13.5% |
| Gross Margin | 84.0% | — | 85.5% | — | -1.5pp |
| Net Margin | 23.9% | — | 24.2% | — | -0.4pp |
| EPS (Diluted) | $2.74 | — | $2.56 | — | 7.0% |
| Free Cash Flow | $147M | — | $140M | — | 4.6% |
| Item | Amount |
|---|---|
| REVENUE | $507M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $426M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $184M |
| SG&A Expenses | $186M |
| Other Expenses | $84M |
| Operating Expenses | $271M |
| Cost & Expenses | $352M |
| OPERATING INCOME | $155M |
| Interest Income | $368M |
| Interest Expense | $56M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $20M |
| EBIT | $155M |
| EBITDA | $176M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $507M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $426M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $184M |
| SG&A Expenses | $186M |
| Other Expenses | $84M |
| Operating Expenses | $271M |
| Cost & Expenses | $352M |
| OPERATING INCOME | $155M |
| Interest Income | $368M |
| Interest Expense | $56M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $20M |
| EBIT | $155M |
| EBITDA | $176M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $121M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $153M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$324M |
| Sales/Maturities of Investments | $527M |
| Other Investing Activities | -$261M |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | -$226M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$46M |
| Other Financing Activities | $218M |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | $147M |
| Net Change in Cash | $36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $217M |
| Short-Term Investments | $975M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $76M |
| Goodwill | $275M |
| Intangible Assets | $12M |
| Long-Term Investments | $7.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $429M |
| TOTAL NON-CURRENT ASSETS | $8.5B |
| TOTAL ASSETS | $9.7B |
| Account Payables | $0 |
| Short-Term Debt | $655M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.6B |
| TOTAL CURRENT LIABILITIES | $8.2B |
| Long-Term Debt | $165M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $187M |
| TOTAL NON-CURRENT LIABILITIES | $352M |
| TOTAL LIABILITIES | $8.6B |
| Common Stock | $497.0K |
| Additional Paid-In Capital | $577M |
| Retained Earnings | $696M |
| Treasury Stock | -$134M |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $9.7B |
| Total Debt | $821M |
| Net Debt | $604M |
