| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $226M | $222M | $223M | 1.4% | 0.9% |
| Op. Income | $26M | $61M | $69M | -57.8% | -63.1% |
| Gross Margin | 81.7% | 87.0% | 85.3% | -5.3pp | -3.5pp |
| Net Margin | 10.0% | 22.1% | 25.2% | -12.1pp | -15.1pp |
| EPS (Diluted) | $0.13 | $0.29 | $0.32 | -55.2% | -59.4% |
| Free Cash Flow | -$29M | $91M | $21M | -132.0% | -236.3% |
| Item | Amount |
|---|---|
| REVENUE | $226M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $184M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $93M |
| SG&A Expenses | $96M |
| Other Expenses | $63M |
| Operating Expenses | $159M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $26M |
| Interest Income | $168M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $3M |
| 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 | $23M |
| D&A | $12M |
| EBIT | $26M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $226M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $184M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $93M |
| SG&A Expenses | $96M |
| Other Expenses | $63M |
| Operating Expenses | $159M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $26M |
| Interest Income | $168M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $3M |
| 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 | $23M |
| D&A | $12M |
| EBIT | $26M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$81M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$447M |
| Sales/Maturities of Investments | $673M |
| Other Investing Activities | -$271M |
| NET CASH FROM INVESTING | -$52M |
| Net Debt Issuance | $293M |
| Common Stock Repurchased | -$82M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$47M |
| NET CASH FROM FINANCING | $140M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | $67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $343M |
| Short-Term Investments | $5.4B |
| Net Receivables | $78M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.8B |
| PP&E (Net) | $549M |
| Goodwill | $1.0B |
| Intangible Assets | $80M |
| Long-Term Investments | $12.3B |
| Tax Assets | $18M |
| Other Non-Current Assets | $943M |
| TOTAL NON-CURRENT ASSETS | $15.0B |
| TOTAL ASSETS | $20.7B |
| Account Payables | $0 |
| Short-Term Debt | $879M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.3B |
| TOTAL CURRENT LIABILITIES | $15.5B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $17.9B |
| Common Stock | $165M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $650M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $138M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $20.7B |
| Total Debt | $3.3B |
| Net Debt | $3.0B |
