| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $109M | $102M | $93M | 7.1% | 17.0% |
| Op. Income | $43M | $35M | $19M | 22.4% | 130.7% |
| Gross Margin | 77.7% | 74.1% | 63.0% | 3.6pp | 14.7pp |
| Net Margin | 22.6% | 22.7% | 18.3% | -0.0pp | 4.4pp |
| EPS (Diluted) | $0.45 | $0.42 | $0.30 | 7.1% | 50.0% |
| Free Cash Flow | $56M | $21M | $43M | 172.8% | 30.5% |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $21M |
| SG&A Expenses | $23M |
| Other Expenses | $19M |
| Operating Expenses | $42M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $43M |
| Interest Income | $95M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $6M |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $3M |
| EBIT | $43M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $21M |
| SG&A Expenses | $23M |
| Other Expenses | $19M |
| Operating Expenses | $42M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $43M |
| Interest Income | $95M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $6M |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $3M |
| EBIT | $43M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $563.0K |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$577.0K |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | -$80M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$119M |
| NET CASH FROM FINANCING | -$125M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | -$97M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $450M |
| Short-Term Investments | $842M |
| Net Receivables | $37M |
| Inventory | -$32M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $69M |
| Goodwill | $86M |
| Intangible Assets | $14M |
| Long-Term Investments | $4.9B |
| Tax Assets | $114M |
| Other Non-Current Assets | $109M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $0 |
| Short-Term Debt | $456M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.9B |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $115M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $132M |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $60M |
| Additional Paid-In Capital | $619M |
| Retained Earnings | $253M |
| Treasury Stock | -$104M |
| Accum. Other Comp. Income | $79M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1000M |
| Minority Interest | $0 |
| TOTAL EQUITY | $1000M |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $570M |
| Net Debt | $123M |
