| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $108M | $95M | $99M | 13.9% | 9.4% |
| Op. Income | $20M | $16M | $19M | 24.8% | 4.5% |
| Gross Margin | 44.9% | 47.0% | 47.6% | -2.1pp | -2.7pp |
| Net Margin | 16.2% | 17.5% | 12.6% | -1.2pp | 3.6pp |
| EPS (Diluted) | $0.17 | $0.16 | $0.12 | 6.3% | 41.7% |
| Free Cash Flow | $18M | $13M | $14M | 34.8% | 32.5% |
| Item | Amount |
|---|---|
| REVENUE | $108M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $48M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $88M |
| OPERATING INCOME | $20M |
| Interest Income | $721.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $36.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $4M |
| EBIT | $20M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $108M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $48M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $88M |
| OPERATING INCOME | $20M |
| Interest Income | $721.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $36.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $4M |
| EBIT | $20M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$106M |
| Sales/Maturities of Investments | $88M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$423.0K |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $128M |
| Net Receivables | $79M |
| Inventory | $76M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $376M |
| PP&E (Net) | $73M |
| Goodwill | $100M |
| Intangible Assets | $70M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $242M |
| TOTAL ASSETS | $618M |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $58M |
| Common Stock | $8M |
| Additional Paid-In Capital | $203M |
| Retained Earnings | $359M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $560M |
| Minority Interest | $0 |
| TOTAL EQUITY | $560M |
| TOTAL LIABILITIES & EQUITY | $618M |
| Total Debt | $0 |
| Net Debt | -$83M |
