| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $317M | $318M | $284M | -0.2% | 11.7% |
| Op. Income | $147M | $154M | $147M | -4.7% | -0.3% |
| Gross Margin | 76.0% | 77.7% | 84.1% | -1.6pp | -8.0pp |
| Net Margin | 34.9% | 36.2% | 39.8% | -1.3pp | -4.9pp |
| EPS (Diluted) | $0.86 | $0.89 | $0.88 | -3.4% | -2.3% |
| Free Cash Flow | $112M | $313M | $105M | -64.3% | 6.9% |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $241M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $49M |
| SG&A Expenses | $50M |
| Other Expenses | $45M |
| Operating Expenses | $95M |
| Cost & Expenses | $171M |
| OPERATING INCOME | $147M |
| Interest Income | $295M |
| Interest Expense | $69M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $11M |
| EBIT | $147M |
| EBITDA | $157M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $241M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $49M |
| SG&A Expenses | $50M |
| Other Expenses | $45M |
| Operating Expenses | $95M |
| Cost & Expenses | $171M |
| OPERATING INCOME | $147M |
| Interest Income | $295M |
| Interest Expense | $69M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $11M |
| EBIT | $147M |
| EBITDA | $157M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$70M |
| Other Non-Cash Items | -$383.0K |
| Change in Working Capital | $86M |
| OPERATING CASH FLOW | $140M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $126M |
| Other Investing Activities | -$332M |
| NET CASH FROM INVESTING | -$241M |
| Net Debt Issuance | -$95M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$28M |
| Other Financing Activities | $544M |
| NET CASH FROM FINANCING | $419M |
| FREE CASH FLOW | $112M |
| Net Change in Cash | $317M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $608M |
| Short-Term Investments | $2.8B |
| Net Receivables | $86M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $647M |
| Goodwill | $661M |
| Intangible Assets | $33M |
| Long-Term Investments | $17.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $833M |
| TOTAL NON-CURRENT ASSETS | $19.5B |
| TOTAL ASSETS | $23.0B |
| Account Payables | $273M |
| Short-Term Debt | $26M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18.5B |
| TOTAL CURRENT LIABILITIES | $18.8B |
| Long-Term Debt | $344M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $344M |
| TOTAL LIABILITIES | $19.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $3M |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $23.0B |
| Total Debt | $370M |
| Net Debt | -$238M |
