| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $732M | $586M | — | 24.9% | — |
| Op. Income | $115M | $71M | — | 63.6% | — |
| Gross Margin | 57.9% | 54.3% | — | 3.5pp | — |
| Net Margin | 13.7% | 21.1% | — | -7.4pp | — |
| EPS (Diluted) | $1.43 | $1.87 | — | -23.5% | — |
| Free Cash Flow | $293M | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $732M |
| Cost of Revenue | $308M |
| GROSS PROFIT | $424M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $308M |
| Other Expenses | $0 |
| Operating Expenses | $308M |
| Cost & Expenses | $616M |
| OPERATING INCOME | $115M |
| Interest Income | $10M |
| Interest Expense | $6M |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | $133M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $100M |
| Net Income Deductions | -$162.0K |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $0 |
| EBIT | $115M |
| EBITDA | $115M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $732M |
| Cost of Revenue | $308M |
| GROSS PROFIT | $424M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $308M |
| Other Expenses | $0 |
| Operating Expenses | $308M |
| Cost & Expenses | $616M |
| OPERATING INCOME | $115M |
| Interest Income | $10M |
| Interest Expense | $6M |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | $133M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $100M |
| Net Income Deductions | -$162.0K |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $0 |
| EBIT | $115M |
| EBITDA | $115M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $100M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | -$122M |
| Change in Working Capital | -$93M |
| OPERATING CASH FLOW | $371M |
| Capital Expenditure | -$78M |
| Acquisitions (Net) | -$14M |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $668M |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$641M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $2M |
| Common Dividends Paid | -$39M |
| Other Financing Activities | -$121M |
| NET CASH FROM FINANCING | -$160M |
| FREE CASH FLOW | $293M |
| Net Change in Cash | -$429M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $268M |
| Net Receivables | $57M |
| Inventory | $8M |
| Other Current Assets | $127M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $288M |
| Goodwill | $414M |
| Intangible Assets | $75M |
| Long-Term Investments | $851M |
| Tax Assets | $29M |
| Other Non-Current Assets | $333M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $106M |
| Short-Term Debt | $215M |
| Deferred Revenue | $434M |
| Other Current Liabilities | $73M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $661.0K |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $198.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $920M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $76M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $47M |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $215M |
| Net Debt | -$1.0B |
