| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $105M | $110M | $100M | -4.5% | 5.0% |
| Op. Income | $39M | $42M | $34M | -7.7% | 12.6% |
| Gross Margin | 83.2% | 83.2% | 81.5% | -0.0pp | 1.7pp |
| Net Margin | 29.5% | 32.6% | 28.0% | -3.1pp | 1.5pp |
| EPS (Diluted) | $0.48 | $0.55 | $0.43 | -12.7% | 11.6% |
| Free Cash Flow | $31M | $22M | $32M | 41.4% | -2.9% |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $883.0K |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $18M |
| Operating Expenses | $48M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $39M |
| Interest Income | $92M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $8M |
| 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 | $5M |
| EBIT | $39M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $883.0K |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $18M |
| Operating Expenses | $48M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $39M |
| Interest Income | $92M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $8M |
| 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 | $5M |
| EBIT | $39M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$272.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$593.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$56M |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | $28M |
| NET CASH FROM INVESTING | $23M |
| Net Debt Issuance | -$44M |
| Common Stock Repurchased | -$180.0K |
| Common Dividends Paid | -$29M |
| Other Financing Activities | $73M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $198M |
| Short-Term Investments | $1.1B |
| Net Receivables | $31M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $57M |
| Goodwill | $0 |
| Intangible Assets | $418M |
| Long-Term Investments | $7.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $374M |
| TOTAL NON-CURRENT ASSETS | $8.5B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.9B |
| TOTAL CURRENT LIABILITIES | $6.9B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $99M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $8.4B |
| Common Stock | $832.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $657M |
| Treasury Stock | -$274M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | -$29M |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $1.4B |
| Net Debt | $1.2B |
