| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $173M | $173M | $134M | -0.3% | 28.8% |
| Op. Income | $59M | $58M | $43M | 2.1% | 34.9% |
| Gross Margin | 85.3% | 86.9% | 90.4% | -1.7pp | -5.1pp |
| Net Margin | 26.1% | 25.6% | 25.2% | 0.5pp | 0.9pp |
| EPS (Diluted) | $0.77 | $0.76 | $0.68 | 1.3% | 13.2% |
| Free Cash Flow | $133M | $69M | -$66M | 93.5% | 302.7% |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $148M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $64M |
| SG&A Expenses | $67M |
| Other Expenses | $22M |
| Operating Expenses | $89M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $59M |
| Interest Income | $137M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $409.0K |
| EBIT | $59M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $148M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $64M |
| SG&A Expenses | $67M |
| Other Expenses | $22M |
| Operating Expenses | $89M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $59M |
| Interest Income | $137M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $409.0K |
| EBIT | $59M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $409.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $96M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $140M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $59M |
| Other Investing Activities | $23M |
| NET CASH FROM INVESTING | $25M |
| Net Debt Issuance | -$300M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $141M |
| NET CASH FROM FINANCING | -$172M |
| FREE CASH FLOW | $133M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $562M |
| Short-Term Investments | $1.3B |
| Net Receivables | $62M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $267M |
| Goodwill | $933M |
| Intangible Assets | $92M |
| Long-Term Investments | $9.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $396M |
| TOTAL NON-CURRENT ASSETS | $11.0B |
| TOTAL ASSETS | $12.9B |
| Account Payables | $0 |
| Short-Term Debt | $88M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.3B |
| TOTAL CURRENT LIABILITIES | $10.4B |
| Long-Term Debt | $263M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $154M |
| TOTAL NON-CURRENT LIABILITIES | $417M |
| TOTAL LIABILITIES | $10.8B |
| Common Stock | $296M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $533M |
| Treasury Stock | -$22M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $12.9B |
| Total Debt | $351M |
| Net Debt | -$211M |
