| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $335M | — | $313M | — | 7.2% |
| Op. Income | $47M | — | $12M | — | 298.0% |
| Gross Margin | 74.5% | — | 75.0% | — | -0.5pp |
| Net Margin | 2.9% | — | 4.2% | — | -1.3pp |
| EPS (Diluted) | $0.08 | — | $0.11 | — | -24.1% |
| Free Cash Flow | $50M | — | $45M | — | 11.7% |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $250M |
| R&D Expenses | $64M |
| Selling & Marketing | $101M |
| General & Administrative | $26M |
| SG&A Expenses | $127M |
| Other Expenses | -$200.0K |
| Operating Expenses | $197M |
| Cost & Expenses | $283M |
| OPERATING INCOME | $47M |
| Interest Income | $1M |
| Interest Expense | $11M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $19M |
| EBIT | $44M |
| EBITDA | $64M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $250M |
| R&D Expenses | $64M |
| Selling & Marketing | $101M |
| General & Administrative | $26M |
| SG&A Expenses | $127M |
| Other Expenses | -$200.0K |
| Operating Expenses | $197M |
| Cost & Expenses | $283M |
| OPERATING INCOME | $47M |
| Interest Income | $1M |
| Interest Expense | $11M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $19M |
| EBIT | $44M |
| EBITDA | $64M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $55M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$55M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | -$46M |
| FREE CASH FLOW | $50M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $270M |
| Short-Term Investments | $28M |
| Net Receivables | $373M |
| Inventory | $0 |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $783M |
| PP&E (Net) | $106M |
| Goodwill | $1.2B |
| Intangible Assets | $170M |
| Long-Term Investments | $30M |
| Tax Assets | $199M |
| Other Non-Current Assets | $140M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $42M |
| Short-Term Debt | $0 |
| Deferred Revenue | $386M |
| Other Current Liabilities | $89M |
| TOTAL CURRENT LIABILITIES | $638M |
| Long-Term Debt | $669M |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $42M |
| Other Non-Current Liabilities | $102M |
| TOTAL NON-CURRENT LIABILITIES | $824M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$191M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$111M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $669M |
| Net Debt | $400M |
