| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.6B | $1.3B | 10.6% | 30.1% |
| Op. Income | $110M | -$7M | -$102M | 1666.7% | 208.0% |
| Gross Margin | 26.7% | 25.3% | 24.5% | 1.4pp | 2.1pp |
| Net Margin | 29.6% | 3.2% | -51.9% | 26.4pp | 81.4pp |
| EPS (Diluted) | $0.35 | $0.23 | $-3.34 | 50.0% | 110.5% |
| Free Cash Flow | $99M | $36M | $83M | 174.2% | 19.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $467M |
| R&D Expenses | $117M |
| Selling & Marketing | $191M |
| General & Administrative | $49M |
| SG&A Expenses | $240M |
| Other Expenses | $0 |
| Operating Expenses | $357M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $110M |
| Interest Income | $9M |
| Interest Expense | $2M |
| Other Income/Expenses | $452M |
| INCOME BEFORE TAX | $562M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $517M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $517M |
| Net Income Deductions | $16M |
| BOTTOM LINE NET INCOME | $500M |
| D&A | $9M |
| EBIT | $565M |
| EBITDA | $574M |
| EPS | $2 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $467M |
| R&D Expenses | $117M |
| Selling & Marketing | $191M |
| General & Administrative | $49M |
| SG&A Expenses | $240M |
| Other Expenses | $0 |
| Operating Expenses | $357M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $110M |
| Interest Income | $9M |
| Interest Expense | $2M |
| Other Income/Expenses | $452M |
| INCOME BEFORE TAX | $562M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $517M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $517M |
| Net Income Deductions | $16M |
| BOTTOM LINE NET INCOME | $500M |
| D&A | $9M |
| EBIT | $565M |
| EBITDA | $574M |
| EPS | $2 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $517M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $46M |
| Other Non-Cash Items | -$433M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $175M |
| Capital Expenditure | -$76M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$351M |
| Sales/Maturities of Investments | $77M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$351M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$84M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | -$239M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $683M |
| Short-Term Investments | $1.4B |
| Net Receivables | $470M |
| Inventory | $0 |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $231M |
| Goodwill | $171M |
| Intangible Assets | $33M |
| Long-Term Investments | $1.9B |
| Tax Assets | $9M |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $345M |
| Short-Term Debt | $0 |
| Deferred Revenue | $302M |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $99M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $111M |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | -$2.9B |
| Treasury Stock | -$90M |
| Accum. Other Comp. Income | $1.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $0 |
| Net Debt | -$683M |
