| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $335M | $313M | $307M | 7.1% | 9.1% |
| Op. Income | $30M | $12M | $17M | 156.9% | 72.0% |
| Gross Margin | 76.9% | 75.0% | 72.9% | 1.9pp | 3.9pp |
| Net Margin | 6.3% | 4.2% | 4.5% | 2.0pp | 1.7pp |
| EPS (Diluted) | $0.18 | $0.11 | $0.12 | 63.6% | 50.0% |
| Free Cash Flow | -$9M | $45M | $16M | -120.2% | -156.1% |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $257M |
| R&D Expenses | $61M |
| Selling & Marketing | $104M |
| General & Administrative | $38M |
| SG&A Expenses | $142M |
| Other Expenses | $655.7K |
| Operating Expenses | $209M |
| Cost & Expenses | $286M |
| OPERATING INCOME | $30M |
| Interest Income | $1M |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | -$562.0K |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $20M |
| EBIT | $49M |
| EBITDA | $69M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $257M |
| R&D Expenses | $61M |
| Selling & Marketing | $104M |
| General & Administrative | $38M |
| SG&A Expenses | $142M |
| Other Expenses | $655.7K |
| Operating Expenses | $209M |
| Cost & Expenses | $286M |
| OPERATING INCOME | $30M |
| Interest Income | $1M |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | -$562.0K |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $20M |
| EBIT | $49M |
| EBITDA | $69M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5.0K |
| Change in Working Capital | -$49M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | -$70M |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$101M |
| Net Debt Issuance | $135M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $95M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $277M |
| Short-Term Investments | $26M |
| Net Receivables | $386M |
| Inventory | $0 |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $800M |
| PP&E (Net) | $107M |
| Goodwill | $1.2B |
| Intangible Assets | $205M |
| Long-Term Investments | $30M |
| Tax Assets | $201M |
| Other Non-Current Assets | $178M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $57M |
| Short-Term Debt | $0 |
| Deferred Revenue | $325M |
| Other Current Liabilities | $74M |
| TOTAL CURRENT LIABILITIES | $541M |
| Long-Term Debt | $778M |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $891M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$139M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$95M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $778M |
| Net Debt | $501M |
