| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $133M | $114M | 12.8% | 31.8% |
| Op. Income | $43M | $36M | $19M | 19.8% | 123.4% |
| Gross Margin | 84.0% | 83.4% | 83.2% | 0.6pp | 0.8pp |
| Net Margin | 20.9% | 21.6% | 11.3% | -0.7pp | 9.6pp |
| EPS (Diluted) | $0.54 | $0.49 | $0.22 | 10.2% | 145.5% |
| Free Cash Flow | $23M | $33M | $22M | -29.5% | 7.4% |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $126M |
| R&D Expenses | $13M |
| Selling & Marketing | $43M |
| General & Administrative | $23M |
| SG&A Expenses | $66M |
| Other Expenses | $4M |
| Operating Expenses | $83M |
| Cost & Expenses | $107M |
| OPERATING INCOME | $43M |
| Interest Income | $0 |
| Interest Expense | $348.0K |
| Other Income/Expenses | -$714.0K |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $9M |
| EBIT | $43M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $126M |
| R&D Expenses | $13M |
| Selling & Marketing | $43M |
| General & Administrative | $23M |
| SG&A Expenses | $66M |
| Other Expenses | $4M |
| Operating Expenses | $83M |
| Cost & Expenses | $107M |
| OPERATING INCOME | $43M |
| Interest Income | $0 |
| Interest Expense | $348.0K |
| Other Income/Expenses | -$714.0K |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $9M |
| EBIT | $43M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $516.0K |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$53M |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $60M |
| Other Investing Activities | -$65M |
| NET CASH FROM INVESTING | -$80M |
| Net Debt Issuance | -$444.0K |
| Common Stock Repurchased | -$62M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $65M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $797.0K |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $177M |
| Goodwill | $52M |
| Intangible Assets | $745.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $228M |
| TOTAL NON-CURRENT ASSETS | $457M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $6M |
| Short-Term Debt | $2M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $968M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $33M |
| Deferred Revenue NC | $56M |
| Deferred Tax Liabilities | $70M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $158M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $607.0K |
| Additional Paid-In Capital | $204M |
| Retained Earnings | $396M |
| Treasury Stock | -$265M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $335M |
| Minority Interest | $0 |
| TOTAL EQUITY | $335M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $34M |
| Net Debt | -$11M |
