| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $268M | $415M | $73M | -35.5% | 264.9% |
| Op. Income | $134M | $308M | $32M | -56.5% | 324.5% |
| Gross Margin | 91.6% | 94.9% | 94.0% | -3.3pp | -2.4pp |
| Net Margin | 39.3% | 58.5% | 32.6% | -19.3pp | 6.7pp |
| EPS (Diluted) | $0.70 | $0.75 | $0.17 | -7.6% | 322.1% |
| Free Cash Flow | -$22M | -$19M | $23M | -15.6% | -198.2% |
| Item | Amount |
|---|---|
| REVENUE | $268M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $245M |
| R&D Expenses | $0 |
| Selling & Marketing | $101M |
| General & Administrative | $14M |
| SG&A Expenses | $115M |
| Other Expenses | -$4M |
| Operating Expenses | $111M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $134M |
| Interest Income | $12M |
| Interest Expense | $4M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $134M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $0 |
| EBIT | $134M |
| EBITDA | $134M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $268M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $245M |
| R&D Expenses | $0 |
| Selling & Marketing | $101M |
| General & Administrative | $14M |
| SG&A Expenses | $115M |
| Other Expenses | -$4M |
| Operating Expenses | $111M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $134M |
| Interest Income | $12M |
| Interest Expense | $4M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $134M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $0 |
| EBIT | $134M |
| EBITDA | $134M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $105M |
| Depreciation & Amortization | $167.3K |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $40M |
| Change in Working Capital | -$177M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$274.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$166M |
| NET CASH FROM INVESTING | -$166M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $236M |
| NET CASH FROM FINANCING | $236M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | $47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $187M |
| Short-Term Investments | $0 |
| Net Receivables | $721M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $918.3K |
| Goodwill | $0 |
| Intangible Assets | $113.1K |
| Long-Term Investments | $283M |
| Tax Assets | $0 |
| Other Non-Current Assets | $189M |
| TOTAL NON-CURRENT ASSETS | $473M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $96M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $667M |
| TOTAL NON-CURRENT LIABILITIES | $678M |
| TOTAL LIABILITIES | $774M |
| Common Stock | $2.9K |
| Additional Paid-In Capital | $721M |
| Retained Earnings | $42M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $758M |
| Minority Interest | $0 |
| TOTAL EQUITY | $758M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $0 |
| Net Debt | -$187M |
