| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $223M | $218M | $188M | 2.7% | 18.9% |
| Op. Income | $69M | $51M | $53M | 36.8% | 31.1% |
| Gross Margin | 85.3% | 85.1% | 89.6% | 0.2pp | -4.3pp |
| Net Margin | 25.2% | 21.8% | 25.5% | 3.4pp | -0.4pp |
| EPS (Diluted) | $0.32 | $0.28 | $0.31 | 14.3% | 3.2% |
| Free Cash Flow | $21M | $45M | $42M | -52.8% | -49.0% |
| Item | Amount |
|---|---|
| REVENUE | $223M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $191M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $86M |
| SG&A Expenses | $89M |
| Other Expenses | $32M |
| Operating Expenses | $121M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $69M |
| Interest Income | $179M |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $11M |
| EBIT | $69M |
| EBITDA | $80M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $223M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $191M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $86M |
| SG&A Expenses | $89M |
| Other Expenses | $32M |
| Operating Expenses | $121M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $69M |
| Interest Income | $179M |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $11M |
| EBIT | $69M |
| EBITDA | $80M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $260.0K |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$531M |
| Sales/Maturities of Investments | $176M |
| Other Investing Activities | $171M |
| NET CASH FROM INVESTING | -$195M |
| Net Debt Issuance | $104M |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $115M |
| NET CASH FROM FINANCING | $168M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $323M |
| Short-Term Investments | $4.6B |
| Net Receivables | $86M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.0B |
| PP&E (Net) | $600M |
| Goodwill | $1.0B |
| Intangible Assets | $97M |
| Long-Term Investments | $12.5B |
| Tax Assets | $59M |
| Other Non-Current Assets | $795M |
| TOTAL NON-CURRENT ASSETS | $15.1B |
| TOTAL ASSETS | $20.1B |
| Account Payables | $0 |
| Short-Term Debt | $668M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.4B |
| TOTAL CURRENT LIABILITIES | $15.2B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $17.3B |
| Common Stock | $174M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $567M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $20.1B |
| Total Debt | $2.8B |
| Net Debt | $2.4B |
