| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $88M | $86M | $81M | 2.4% | 8.9% |
| Op. Income | $32M | $34M | $32M | -5.8% | 0.8% |
| Gross Margin | 77.8% | 82.7% | 86.3% | -4.9pp | -8.5pp |
| Net Margin | 30.6% | 36.0% | 11.5% | -5.4pp | 19.1pp |
| EPS (Diluted) | $0.77 | $0.88 | $0.27 | -12.5% | 185.2% |
| Free Cash Flow | $41M | $19M | $30M | 118.2% | 38.6% |
| Item | Amount |
|---|---|
| REVENUE | $88M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $27M |
| SG&A Expenses | $29M |
| Other Expenses | $8M |
| Operating Expenses | $36M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $32M |
| Interest Income | $76M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $229.0K |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $1M |
| EBIT | $32M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $88M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $27M |
| SG&A Expenses | $29M |
| Other Expenses | $8M |
| Operating Expenses | $36M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $32M |
| Interest Income | $76M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $229.0K |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $1M |
| EBIT | $32M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $660.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | -$141M |
| NET CASH FROM INVESTING | -$138M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $180M |
| NET CASH FROM FINANCING | $118M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $155M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $155M |
| PP&E (Net) | $42M |
| Goodwill | $287M |
| Intangible Assets | $3M |
| Long-Term Investments | $6.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $192M |
| TOTAL NON-CURRENT ASSETS | $7.1B |
| TOTAL ASSETS | $7.3B |
| Account Payables | $0 |
| Short-Term Debt | $488M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.7B |
| TOTAL CURRENT LIABILITIES | $6.2B |
| Long-Term Debt | $116M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $154M |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $90M |
| Additional Paid-In Capital | $210M |
| Retained Earnings | $702M |
| Treasury Stock | -$44M |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $936M |
| Minority Interest | $0 |
| TOTAL EQUITY | $936M |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $604M |
| Net Debt | $449M |
