| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | $131M | $116M | -4.4% | 8.3% |
| Op. Income | $37M | $42M | $29M | -11.0% | 26.3% |
| Gross Margin | 84.5% | 84.3% | 84.3% | 0.3pp | 0.2pp |
| Net Margin | 23.1% | 24.7% | 24.8% | -1.6pp | -1.7pp |
| EPS (Diluted) | $0.66 | $0.73 | $0.65 | -9.6% | 1.5% |
| Free Cash Flow | $47M | $41M | $45M | 15.2% | 4.5% |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $952.0K |
| General & Administrative | $46M |
| SG&A Expenses | $47M |
| Other Expenses | $22M |
| Operating Expenses | $69M |
| Cost & Expenses | $88M |
| OPERATING INCOME | $37M |
| Interest Income | $91M |
| Interest Expense | $13M |
| 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 | $125M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $952.0K |
| General & Administrative | $46M |
| SG&A Expenses | $47M |
| Other Expenses | $22M |
| Operating Expenses | $69M |
| Cost & Expenses | $88M |
| OPERATING INCOME | $37M |
| Interest Income | $91M |
| Interest Expense | $13M |
| 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 | $614.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$102M |
| Sales/Maturities of Investments | $105M |
| Other Investing Activities | -$133M |
| NET CASH FROM INVESTING | -$132M |
| Net Debt Issuance | $192M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$155M |
| NET CASH FROM FINANCING | $25M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | -$57M |
| 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 |
