| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $90M | $82M | 3.3% | 13.2% |
| Op. Income | $28M | $25M | $24M | 10.8% | 17.2% |
| Gross Margin | 81.3% | 80.5% | 86.6% | 0.7pp | -5.3pp |
| Net Margin | 23.1% | 22.2% | 22.0% | 1.0pp | 1.2pp |
| EPS (Diluted) | $0.82 | $0.76 | $0.69 | 7.9% | 18.8% |
| Free Cash Flow | $48M | $20M | $16M | 142.7% | 209.1% |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $20M |
| Operating Expenses | $48M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $28M |
| Interest Income | $69M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $545.0K |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $8M |
| EBIT | $28M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $20M |
| Operating Expenses | $48M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $28M |
| Interest Income | $69M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $545.0K |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $8M |
| EBIT | $28M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $814.0K |
| Deferred Income Tax | $765.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$92M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $62M |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $990M |
| Net Receivables | $159M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $187M |
| Goodwill | $84M |
| Intangible Assets | $133.0K |
| Long-Term Investments | $4.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $0 |
| Short-Term Debt | $199M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.1B |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $113M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $130M |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $437M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $399M |
| Treasury Stock | -$63M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $762M |
| Minority Interest | $2M |
| TOTAL EQUITY | $764M |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $313M |
| Net Debt | $218M |
