| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $68M | $66M | 0.7% | 2.9% |
| Op. Income | $22M | $20M | $18M | 10.3% | 19.7% |
| Gross Margin | 75.2% | 73.4% | 74.7% | 1.8pp | 0.4pp |
| Net Margin | 27.5% | 25.6% | 24.5% | 1.9pp | 3.1pp |
| EPS (Diluted) | $0.56 | $0.52 | $0.46 | 7.7% | 21.7% |
| Free Cash Flow | $16M | $15M | $40M | 11.7% | -58.5% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $847.0K |
| General & Administrative | $20M |
| SG&A Expenses | $21M |
| Other Expenses | $9M |
| Operating Expenses | $29M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $22M |
| Interest Income | $59M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $3M |
| EBIT | $22M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $847.0K |
| General & Administrative | $20M |
| SG&A Expenses | $21M |
| Other Expenses | $9M |
| Operating Expenses | $29M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $22M |
| Interest Income | $59M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $3M |
| EBIT | $22M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $661.0K |
| Deferred Income Tax | $126.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$372M |
| Sales/Maturities of Investments | $482M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $109M |
| Net Debt Issuance | -$127M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $158M |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $149M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $267M |
| Short-Term Investments | $1.9B |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $148M |
| Goodwill | $201M |
| Intangible Assets | $17M |
| Long-Term Investments | $3.4B |
| Tax Assets | $491.0K |
| Other Non-Current Assets | $247M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $0 |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.6B |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $779M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $94M |
| TOTAL NON-CURRENT LIABILITIES | $883M |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $47M |
| Additional Paid-In Capital | $764M |
| Retained Earnings | $57M |
| Treasury Stock | -$94M |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $758M |
| Minority Interest | $0 |
| TOTAL EQUITY | $758M |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $797M |
| Net Debt | $530M |
