| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $93M | $83M | 0.5% | 12.2% |
| Op. Income | $29M | $28M | $25M | 4.9% | 15.8% |
| Gross Margin | 79.6% | 81.3% | 85.0% | -1.6pp | -5.3pp |
| Net Margin | 23.8% | 23.1% | 23.0% | 0.7pp | 0.8pp |
| EPS (Diluted) | $0.86 | $0.82 | $0.73 | 4.9% | 17.8% |
| Free Cash Flow | $29M | $48M | $22M | -40.3% | 33.0% |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $19M |
| Operating Expenses | $45M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $29M |
| Interest Income | $69M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $9M |
| EBIT | $29M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $19M |
| Operating Expenses | $45M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $29M |
| Interest Income | $69M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $9M |
| EBIT | $29M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $673.0K |
| Deferred Income Tax | $444.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$33M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | -$99M |
| NET CASH FROM INVESTING | -$110M |
| Net Debt Issuance | $54M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $43M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $65M |
| Short-Term Investments | $1.0B |
| Net Receivables | $22M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $193M |
| Goodwill | $84M |
| Intangible Assets | $4M |
| Long-Term Investments | $4.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $147M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $0 |
| Short-Term Debt | $255M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.1B |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $130M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $130M |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $437M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $414M |
| Treasury Stock | -$69M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $778M |
| Minority Interest | $3M |
| TOTAL EQUITY | $781M |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $386M |
| Net Debt | $321M |
