| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $377M | $411M | $335M | -8.2% | 12.4% |
| Op. Income | $52M | $70M | $34M | -26.2% | 51.9% |
| Gross Margin | 65.2% | 66.9% | 64.7% | -1.6pp | 0.6pp |
| Net Margin | 9.8% | 15.2% | 7.0% | -5.3pp | 2.8pp |
| EPS (Diluted) | $0.58 | $0.98 | $0.37 | -40.8% | 56.8% |
| Free Cash Flow | $166M | $90M | $124M | 84.5% | 33.8% |
| Item | Amount |
|---|---|
| REVENUE | $377M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $246M |
| R&D Expenses | $47M |
| Selling & Marketing | $102M |
| General & Administrative | $35M |
| SG&A Expenses | $137M |
| Other Expenses | $11M |
| Operating Expenses | $194M |
| Cost & Expenses | $325M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $42M |
| EBIT | $52M |
| EBITDA | $94M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $377M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $246M |
| R&D Expenses | $47M |
| Selling & Marketing | $102M |
| General & Administrative | $35M |
| SG&A Expenses | $137M |
| Other Expenses | $11M |
| Operating Expenses | $194M |
| Cost & Expenses | $325M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $42M |
| EBIT | $52M |
| EBITDA | $94M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $498.0K |
| Change in Working Capital | $94M |
| OPERATING CASH FLOW | $182M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | -$191M |
| Sales/Maturities of Investments | $77M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$131M |
| Net Debt Issuance | -$253.0K |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $166M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $285M |
| Short-Term Investments | $286M |
| Net Receivables | $259M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $932M |
| PP&E (Net) | $256M |
| Goodwill | $1.4B |
| Intangible Assets | $480M |
| Long-Term Investments | $320M |
| Tax Assets | $11M |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $274M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $713M |
| Long-Term Debt | $458M |
| Deferred Revenue NC | $38M |
| Deferred Tax Liabilities | $35M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $664M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $2.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $592M |
| Net Debt | $307M |
