| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $305M | -$64M | $134M | 576.9% | 128.5% |
| Op. Income | $135M | -$306M | -$26M | 143.9% | 620.6% |
| Gross Margin | 50.1% | 463.4% | -7.7% | -413.3pp | 57.8pp |
| Net Margin | 43.5% | 465.3% | -19.5% | -421.8pp | 63.0pp |
| EPS (Diluted) | $1.43 | $-3.24 | $-0.26 | 144.1% | 650.0% |
| Free Cash Flow | $23M | -$9M | -$37M | 358.4% | 162.6% |
| Item | Amount |
|---|---|
| REVENUE | $305M |
| Cost of Revenue | $153M |
| GROSS PROFIT | $153M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $6M |
| Operating Expenses | $18M |
| Cost & Expenses | $171M |
| OPERATING INCOME | $135M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $0 |
| EBIT | $137M |
| EBITDA | $137M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $305M |
| Cost of Revenue | $153M |
| GROSS PROFIT | $153M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $6M |
| Operating Expenses | $18M |
| Cost & Expenses | $171M |
| OPERATING INCOME | $135M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $0 |
| EBIT | $137M |
| EBITDA | $137M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $133M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$144M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$73M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$2.0K |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$68.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $71M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $233M |
| Long-Term Investments | $1.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$233M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $86M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$89M |
| TOTAL CURRENT LIABILITIES | $114M |
| Long-Term Debt | $114M |
| Deferred Revenue NC | $705.0K |
| Deferred Tax Liabilities | -$2.0B |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $115M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $9M |
| Additional Paid-In Capital | $920M |
| Retained Earnings | $409M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $114M |
| Net Debt | $60M |
