| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | $109M | $92M | -6.0% | 11.8% |
| Op. Income | $35M | $43M | $25M | -19.0% | 40.6% |
| Gross Margin | 75.5% | 77.7% | 73.2% | -2.2pp | 2.3pp |
| Net Margin | 22.8% | 22.6% | 18.4% | 0.2pp | 4.4pp |
| EPS (Diluted) | $0.42 | $0.45 | $0.29 | -6.7% | 44.8% |
| Free Cash Flow | $18M | $56M | $34M | -67.2% | -45.4% |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $20M |
| Operating Expenses | $43M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $35M |
| Interest Income | $95M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $2M |
| EBIT | $35M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $20M |
| Operating Expenses | $43M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $35M |
| Interest Income | $95M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $2M |
| EBIT | $35M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $447.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$207.0K |
| Sales/Maturities of Investments | $45M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | $51M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $509M |
| Short-Term Investments | $1.2B |
| Net Receivables | $33M |
| Inventory | -$40M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $90M |
| Goodwill | $86M |
| Intangible Assets | $14M |
| Long-Term Investments | $4.4B |
| Tax Assets | $113M |
| Other Non-Current Assets | $113M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $0 |
| Short-Term Debt | $432M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.9B |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $117M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $166M |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $60M |
| Additional Paid-In Capital | $620M |
| Retained Earnings | $268M |
| Treasury Stock | -$103M |
| Accum. Other Comp. Income | $85M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $572M |
| Net Debt | $66M |
