| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $124M | $116M | $111M | 7.5% | 12.4% |
| Op. Income | $37M | $29M | $33M | 26.7% | 12.9% |
| Gross Margin | 84.4% | 84.3% | 86.7% | 0.1pp | -2.3pp |
| Net Margin | 23.4% | 24.8% | 23.5% | -1.3pp | -0.1pp |
| EPS (Diluted) | $0.66 | $0.65 | $0.59 | 1.5% | 11.9% |
| Free Cash Flow | $37M | $45M | $39M | -16.8% | -4.0% |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $503.0K |
| General & Administrative | $46M |
| SG&A Expenses | $47M |
| Other Expenses | $21M |
| Operating Expenses | $68M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $37M |
| Interest Income | $91M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $5M |
| EBIT | $37M |
| EBITDA | $42M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $503.0K |
| General & Administrative | $46M |
| SG&A Expenses | $47M |
| Other Expenses | $21M |
| Operating Expenses | $68M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $37M |
| Interest Income | $91M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $5M |
| EBIT | $37M |
| EBITDA | $42M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$926.0K |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$92M |
| Sales/Maturities of Investments | $152M |
| Other Investing Activities | -$2.0K |
| NET CASH FROM INVESTING | $58M |
| Net Debt Issuance | -$327M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $248M |
| NET CASH FROM FINANCING | -$101M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $177M |
| Short-Term Investments | $952M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $78M |
| Goodwill | $275M |
| Intangible Assets | $15M |
| Long-Term Investments | $7.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $403M |
| TOTAL NON-CURRENT ASSETS | $8.4B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $0 |
| Short-Term Debt | $545M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.6B |
| TOTAL CURRENT LIABILITIES | $8.2B |
| Long-Term Debt | $175M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $162M |
| TOTAL NON-CURRENT LIABILITIES | $337M |
| TOTAL LIABILITIES | $8.5B |
| Common Stock | $497.0K |
| Additional Paid-In Capital | $576M |
| Retained Earnings | $628M |
| Treasury Stock | -$135M |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $720M |
| Net Debt | $543M |
