| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $193M | $175M | $150M | 10.5% | 28.7% |
| Op. Income | $60M | $51M | $43M | 19.3% | 38.9% |
| Gross Margin | 85.1% | 84.9% | 84.0% | 0.2pp | 1.1pp |
| Net Margin | 23.5% | 22.4% | 20.9% | 1.1pp | 2.6pp |
| EPS (Diluted) | $0.78 | $0.67 | $0.54 | 16.4% | 44.4% |
| Free Cash Flow | $26M | $17M | $23M | 50.4% | 11.4% |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $165M |
| R&D Expenses | $18M |
| Selling & Marketing | $51M |
| General & Administrative | $29M |
| SG&A Expenses | $80M |
| Other Expenses | $6M |
| Operating Expenses | $104M |
| Cost & Expenses | $133M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $146.0K |
| Other Income/Expenses | $825.0K |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $12M |
| EBIT | $61M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $165M |
| R&D Expenses | $18M |
| Selling & Marketing | $51M |
| General & Administrative | $29M |
| SG&A Expenses | $80M |
| Other Expenses | $6M |
| Operating Expenses | $104M |
| Cost & Expenses | $133M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $146.0K |
| Other Income/Expenses | $825.0K |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $12M |
| EBIT | $61M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$673.0K |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $120M |
| Purchases of Investments | -$135M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$120M |
| NET CASH FROM INVESTING | -$141M |
| Net Debt Issuance | -$444.0K |
| Common Stock Repurchased | -$299.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $827M |
| NET CASH FROM FINANCING | $826M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $134M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $1M |
| Other Current Assets | $1.7B |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $238M |
| Goodwill | $52M |
| Intangible Assets | $532.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $325M |
| TOTAL NON-CURRENT ASSETS | $616M |
| TOTAL ASSETS | $2.5B |
| Account Payables | $5M |
| Short-Term Debt | $2M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $65M |
| Deferred Tax Liabilities | $91M |
| Other Non-Current Liabilities | $85M |
| TOTAL NON-CURRENT LIABILITIES | $207M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $613.0K |
| Additional Paid-In Capital | $258M |
| Retained Earnings | $576M |
| Treasury Stock | -$308M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $527M |
| Minority Interest | $0 |
| TOTAL EQUITY | $527M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $33M |
| Net Debt | -$101M |
