| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $120M | $118M | $113M | 2.2% | 6.1% |
| Op. Income | $34M | $35M | $29M | -2.2% | 18.4% |
| Gross Margin | 87.7% | 85.7% | 87.8% | 2.0pp | -0.0pp |
| Net Margin | 22.0% | 23.6% | 19.6% | -1.6pp | 2.5pp |
| EPS (Diluted) | $0.26 | $0.27 | $0.22 | -3.7% | 18.2% |
| Free Cash Flow | $31M | $38M | $37M | -18.9% | -16.0% |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $43M |
| SG&A Expenses | $46M |
| Other Expenses | $26M |
| Operating Expenses | $71M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $34M |
| Interest Income | $98M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $522.0K |
| EBIT | $34M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $43M |
| SG&A Expenses | $46M |
| Other Expenses | $26M |
| Operating Expenses | $71M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $34M |
| Interest Income | $98M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $522.0K |
| EBIT | $34M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $522.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | -$54M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $55M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$18M |
| Other Financing Activities | -$39M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $801M |
| Net Receivables | $24M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $895M |
| PP&E (Net) | $143M |
| Goodwill | $307M |
| Intangible Assets | $20M |
| Long-Term Investments | $8.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $223M |
| TOTAL NON-CURRENT ASSETS | $8.7B |
| TOTAL ASSETS | $9.6B |
| Account Payables | $744.0K |
| Short-Term Debt | $234M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.9B |
| TOTAL CURRENT LIABILITIES | $8.1B |
| Long-Term Debt | $111M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $110M |
| TOTAL NON-CURRENT LIABILITIES | $221M |
| TOTAL LIABILITIES | $8.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $746M |
| Retained Earnings | $550M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $9.6B |
| Total Debt | $346M |
| Net Debt | $277M |
