| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $411M | $356M | $392M | 15.3% | 4.7% |
| Op. Income | $70M | $47M | $63M | 50.9% | 11.4% |
| Gross Margin | 66.9% | 65.3% | 68.4% | 1.5pp | -1.5pp |
| Net Margin | 15.2% | 11.0% | 20.2% | 4.1pp | -5.1pp |
| EPS (Diluted) | $0.98 | $0.62 | $1.27 | 58.1% | -22.8% |
| Free Cash Flow | $90M | $72M | $71M | 25.2% | 25.9% |
| Item | Amount |
|---|---|
| REVENUE | $411M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $275M |
| R&D Expenses | $47M |
| Selling & Marketing | $100M |
| General & Administrative | $46M |
| SG&A Expenses | $147M |
| Other Expenses | $11M |
| Operating Expenses | $204M |
| Cost & Expenses | $340M |
| OPERATING INCOME | $70M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $43M |
| EBIT | $78M |
| EBITDA | $113M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $411M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $275M |
| R&D Expenses | $47M |
| Selling & Marketing | $100M |
| General & Administrative | $46M |
| SG&A Expenses | $147M |
| Other Expenses | $11M |
| Operating Expenses | $204M |
| Cost & Expenses | $340M |
| OPERATING INCOME | $70M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $43M |
| EBIT | $78M |
| EBITDA | $113M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $109M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $270.0K |
| Purchases of Investments | -$145M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | -$117M |
| NET CASH FROM INVESTING | -$127M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $196.0K |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $90M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $242M |
| Short-Term Investments | $244M |
| Net Receivables | $321M |
| Inventory | $3M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $861M |
| PP&E (Net) | $140M |
| Goodwill | $1.4B |
| Intangible Assets | $508M |
| Long-Term Investments | $245M |
| Tax Assets | $12M |
| Other Non-Current Assets | $74M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $221M |
| Other Current Liabilities | $216M |
| TOTAL CURRENT LIABILITIES | $625M |
| Long-Term Debt | $456M |
| Deferred Revenue NC | $35M |
| Deferred Tax Liabilities | $44M |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $566M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $19M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$527M |
| Accum. Other Comp. Income | -$47M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $456M |
| Net Debt | $214M |
