| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $100M | $108M | $95M | -7.9% | 4.6% |
| Op. Income | $16M | $20M | $16M | -17.0% | 0.3% |
| Gross Margin | 46.9% | 44.9% | 48.2% | 2.0pp | -1.3pp |
| Net Margin | 15.3% | 16.2% | 12.5% | -0.9pp | 2.8pp |
| EPS (Diluted) | $0.14 | $0.17 | $0.12 | -17.6% | 16.7% |
| Free Cash Flow | $14M | $18M | $14M | -20.9% | -0.6% |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $47M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $83M |
| OPERATING INCOME | $16M |
| Interest Income | $927.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $658.0K |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $4M |
| EBIT | $17M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $47M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $83M |
| OPERATING INCOME | $16M |
| Interest Income | $927.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $658.0K |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $4M |
| EBIT | $17M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$75M |
| Sales/Maturities of Investments | $73M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $129M |
| Net Receivables | $78M |
| Inventory | $79M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $396M |
| PP&E (Net) | $73M |
| Goodwill | $103M |
| Intangible Assets | $69M |
| Long-Term Investments | $0 |
| Tax Assets | $14M |
| Other Non-Current Assets | -$14M |
| TOTAL NON-CURRENT ASSETS | $245M |
| TOTAL ASSETS | $641M |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $8M |
| Additional Paid-In Capital | $212M |
| Retained Earnings | $374M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $582M |
| Minority Interest | $0 |
| TOTAL EQUITY | $582M |
| TOTAL LIABILITIES & EQUITY | $641M |
| Total Debt | $0 |
| Net Debt | -$97M |
