| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $109M | $72M | $100M | 51.5% | 8.3% |
| Op. Income | $37M | $20M | $35M | 81.9% | 5.9% |
| Gross Margin | 74.6% | 80.9% | 76.7% | -6.2pp | -2.0pp |
| Net Margin | 27.1% | 24.1% | 27.4% | 3.0pp | -0.2pp |
| EPS (Diluted) | $1.41 | $0.82 | $1.32 | 72.0% | 6.8% |
| Free Cash Flow | $43M | $32M | $48M | 34.5% | -10.4% |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $14M |
| Operating Expenses | $44M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $37M |
| Interest Income | $83M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $3M |
| EBIT | $37M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $14M |
| Operating Expenses | $44M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $37M |
| Interest Income | $83M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $3M |
| EBIT | $37M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $477.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | -$152M |
| NET CASH FROM INVESTING | -$103M |
| Net Debt Issuance | -$250M |
| Common Stock Repurchased | -$379.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $308M |
| NET CASH FROM FINANCING | $53M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $346M |
| Short-Term Investments | $431M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $790M |
| PP&E (Net) | $81M |
| Goodwill | $16M |
| Intangible Assets | $0 |
| Long-Term Investments | $4.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $158M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $0 |
| Short-Term Debt | $173M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.8B |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $601M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $701M |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $5M |
| Additional Paid-In Capital | $141M |
| Retained Earnings | $569M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $717M |
| Minority Interest | $0 |
| TOTAL EQUITY | $717M |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $815M |
| Net Debt | $469M |
