| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $218M | $200M | $178M | 8.9% | 22.0% |
| Op. Income | $51M | $57M | $22M | -10.5% | 131.5% |
| Gross Margin | 85.1% | 87.3% | 90.1% | -2.2pp | -5.0pp |
| Net Margin | 21.8% | 25.7% | -10.4% | -3.9pp | 32.2pp |
| EPS (Diluted) | $0.28 | $0.34 | $-0.13 | -17.6% | 315.4% |
| Free Cash Flow | $45M | $66M | $49M | -31.2% | -8.3% |
| Item | Amount |
|---|---|
| REVENUE | $218M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $185M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $102M |
| SG&A Expenses | $107M |
| Other Expenses | $28M |
| Operating Expenses | $134M |
| Cost & Expenses | $167M |
| OPERATING INCOME | $51M |
| Interest Income | $175M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $10M |
| EBIT | $51M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $218M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $185M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $102M |
| SG&A Expenses | $107M |
| Other Expenses | $28M |
| Operating Expenses | $134M |
| Cost & Expenses | $167M |
| OPERATING INCOME | $51M |
| Interest Income | $175M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $10M |
| EBIT | $51M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$215M |
| Sales/Maturities of Investments | $112M |
| Other Investing Activities | -$44M |
| NET CASH FROM INVESTING | -$156M |
| Net Debt Issuance | $43M |
| Common Stock Repurchased | -$29.0K |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $112M |
| NET CASH FROM FINANCING | $133M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $317M |
| Short-Term Investments | $4.1B |
| Net Receivables | $89M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $486M |
| Goodwill | $1.0B |
| Intangible Assets | $102M |
| Long-Term Investments | $12.7B |
| Tax Assets | $87M |
| Other Non-Current Assets | $775M |
| TOTAL NON-CURRENT ASSETS | $15.2B |
| TOTAL ASSETS | $19.7B |
| Account Payables | $0 |
| Short-Term Debt | $632M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.3B |
| TOTAL CURRENT LIABILITIES | $15.2B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $17.0B |
| Common Stock | $175M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $528M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $19.7B |
| Total Debt | $2.5B |
| Net Debt | $2.2B |
