| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $313M | $315M | $306M | -0.7% | 2.0% |
| Op. Income | $12M | $22M | $18M | -46.1% | -33.4% |
| Gross Margin | 75.0% | 74.1% | 73.0% | 0.9pp | 2.1pp |
| Net Margin | 4.2% | 5.4% | 5.7% | -1.2pp | -1.5pp |
| EPS (Diluted) | $0.11 | $0.14 | $0.15 | -21.4% | -26.7% |
| Free Cash Flow | $45M | $42M | $26M | 8.7% | 70.8% |
| Item | Amount |
|---|---|
| REVENUE | $313M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $234M |
| R&D Expenses | $62M |
| Selling & Marketing | $109M |
| General & Administrative | $42M |
| SG&A Expenses | $151M |
| Other Expenses | $755.0K |
| Operating Expenses | $221M |
| Cost & Expenses | $299M |
| OPERATING INCOME | $12M |
| Interest Income | $1M |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $669.0K |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $22M |
| EBIT | $14M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $313M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $234M |
| R&D Expenses | $62M |
| Selling & Marketing | $109M |
| General & Administrative | $42M |
| SG&A Expenses | $151M |
| Other Expenses | $755.0K |
| Operating Expenses | $221M |
| Cost & Expenses | $299M |
| OPERATING INCOME | $12M |
| Interest Income | $1M |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $669.0K |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $22M |
| EBIT | $14M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | -$57M |
| Other Non-Cash Items | $230.0K |
| Change in Working Capital | $53M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $36M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$36M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$46M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $260M |
| Short-Term Investments | $26M |
| Net Receivables | $129M |
| Inventory | $0 |
| Other Current Assets | $170M |
| TOTAL CURRENT ASSETS | $634M |
| PP&E (Net) | $81M |
| Goodwill | $1.2B |
| Intangible Assets | $200M |
| Long-Term Investments | $30M |
| Tax Assets | $166M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $53M |
| Short-Term Debt | $0 |
| Deferred Revenue | $488M |
| Other Current Liabilities | $102M |
| TOTAL CURRENT LIABILITIES | $735M |
| Long-Term Debt | $643M |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $58M |
| TOTAL NON-CURRENT LIABILITIES | $719M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$599M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$86M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $875M |
| Minority Interest | $0 |
| TOTAL EQUITY | $875M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $643M |
| Net Debt | $383M |
