| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $171M | $172M | $173M | -1.1% | -1.7% |
| Op. Income | $48M | $49M | $58M | -1.5% | -16.8% |
| Gross Margin | 84.0% | 84.1% | 86.9% | -0.1pp | -2.9pp |
| Net Margin | 22.5% | 21.7% | 25.6% | 0.8pp | -3.1pp |
| EPS (Diluted) | $0.67 | $0.64 | $0.76 | 4.7% | -11.8% |
| Free Cash Flow | $123M | -$22M | $69M | 647.8% | 78.7% |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $143M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $75M |
| SG&A Expenses | $78M |
| Other Expenses | $18M |
| Operating Expenses | $96M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $48M |
| Interest Income | $133M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $2M |
| EBIT | $48M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $143M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $75M |
| SG&A Expenses | $78M |
| Other Expenses | $18M |
| Operating Expenses | $96M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $48M |
| Interest Income | $133M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $2M |
| EBIT | $48M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $76M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $134M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$250.0K |
| Purchases of Investments | -$126M |
| Sales/Maturities of Investments | $70M |
| Other Investing Activities | -$386M |
| NET CASH FROM INVESTING | -$454M |
| Net Debt Issuance | $432M |
| Common Stock Repurchased | -$21M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$73M |
| NET CASH FROM FINANCING | $325M |
| FREE CASH FLOW | $123M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $415M |
| Short-Term Investments | $1.3B |
| Net Receivables | $85M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $310M |
| Goodwill | $940M |
| Intangible Assets | $90M |
| Long-Term Investments | $9.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $399M |
| TOTAL NON-CURRENT ASSETS | $11.6B |
| TOTAL ASSETS | $13.4B |
| Account Payables | $0 |
| Short-Term Debt | $489M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.2B |
| TOTAL CURRENT LIABILITIES | $10.7B |
| Long-Term Debt | $377M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $196M |
| TOTAL NON-CURRENT LIABILITIES | $573M |
| TOTAL LIABILITIES | $11.3B |
| Common Stock | $296M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $617M |
| Treasury Stock | -$83M |
| Accum. Other Comp. Income | $764.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $13.4B |
| Total Debt | $866M |
| Net Debt | $451M |
