| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $401M | $405M | $406M | -1.0% | -1.2% |
| Op. Income | $104M | $103M | $116M | 0.6% | -11.0% |
| Gross Margin | 54.5% | 54.3% | 56.1% | 0.2pp | -1.5pp |
| Net Margin | 28.4% | 28.6% | 34.5% | -0.2pp | -6.0pp |
| EPS (Diluted) | $0.73 | $0.73 | $0.86 | 0.0% | -15.1% |
| Free Cash Flow | $43M | $152M | $86M | -72.0% | -50.2% |
| Item | Amount |
|---|---|
| REVENUE | $401M |
| Cost of Revenue | $182M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $55M |
| SG&A Expenses | $55M |
| Other Expenses | $60M |
| Operating Expenses | $115M |
| Cost & Expenses | $297M |
| OPERATING INCOME | $104M |
| Interest Income | $4M |
| Interest Expense | $157.0K |
| Other Income/Expenses | $43M |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $20M |
| EBIT | $104M |
| EBITDA | $124M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $401M |
| Cost of Revenue | $182M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $55M |
| SG&A Expenses | $55M |
| Other Expenses | $60M |
| Operating Expenses | $115M |
| Cost & Expenses | $297M |
| OPERATING INCOME | $104M |
| Interest Income | $4M |
| Interest Expense | $157.0K |
| Other Income/Expenses | $43M |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $20M |
| EBIT | $104M |
| EBITDA | $124M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $114M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$984.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$74M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $10M |
| Purchases of Investments | -$44M |
| Sales/Maturities of Investments | $45M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$91M |
| Common Dividends Paid | -$51M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$133M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | -$85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $669M |
| Short-Term Investments | $33M |
| Net Receivables | $386M |
| Inventory | $0 |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $192M |
| Goodwill | $64M |
| Intangible Assets | $338M |
| Long-Term Investments | $172M |
| Tax Assets | $2M |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $826M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $193M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $57M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $124M |
| TOTAL LIABILITIES | $317M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $552M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $50M |
| Net Debt | -$619M |
