| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $256M | $203M | $240M | 26.1% | 7.0% |
| Op. Income | $15M | -$17M | $20M | 189.5% | -22.6% |
| Gross Margin | 69.6% | 63.4% | 69.1% | 6.2pp | 0.5pp |
| Net Margin | 6.4% | -3.7% | -1.5% | 10.1pp | 7.9pp |
| EPS (Diluted) | $0.10 | $-0.05 | $0.26 | 306.2% | -61.8% |
| Free Cash Flow | $33M | -$10M | $40M | 442.8% | -16.2% |
| Item | Amount |
|---|---|
| REVENUE | $256M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $178M |
| R&D Expenses | $46M |
| Selling & Marketing | $104M |
| General & Administrative | $13M |
| SG&A Expenses | $117M |
| Other Expenses | $0 |
| Operating Expenses | $163M |
| Cost & Expenses | $241M |
| OPERATING INCOME | $15M |
| Interest Income | $629.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $7M |
| EBIT | $15M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $256M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $178M |
| R&D Expenses | $46M |
| Selling & Marketing | $104M |
| General & Administrative | $13M |
| SG&A Expenses | $117M |
| Other Expenses | $0 |
| Operating Expenses | $163M |
| Cost & Expenses | $241M |
| OPERATING INCOME | $15M |
| Interest Income | $629.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $7M |
| EBIT | $15M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$32M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$800.0K |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $114M |
| Short-Term Investments | $93M |
| Net Receivables | $354M |
| Inventory | $0 |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $611M |
| PP&E (Net) | $37M |
| Goodwill | $73M |
| Intangible Assets | $21M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $241M |
| TOTAL NON-CURRENT ASSETS | $372M |
| TOTAL ASSETS | $983M |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $185M |
| Other Current Liabilities | $87M |
| TOTAL CURRENT LIABILITIES | $332M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $361M |
| Common Stock | $785.0K |
| Additional Paid-In Capital | $123M |
| Retained Earnings | $511M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $622M |
| Minority Interest | $0 |
| TOTAL EQUITY | $622M |
| TOTAL LIABILITIES & EQUITY | $983M |
| Total Debt | $0 |
| Net Debt | -$114M |
