| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.5B | $1.1B | -20.4% | 10.3% |
| Op. Income | $85M | $327M | -$28M | -74.1% | 406.9% |
| Gross Margin | 79.3% | 79.4% | 78.6% | -0.1pp | 0.7pp |
| Net Margin | 24.1% | 7.6% | -15.7% | 16.5pp | 39.8pp |
| EPS (Diluted) | $0.47 | $0.20 | $-0.32 | 139.3% | 249.5% |
| Free Cash Flow | $454M | $0 | -$424M | — | 207.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $252M |
| GROSS PROFIT | $965M |
| R&D Expenses | $393M |
| Selling & Marketing | $363M |
| General & Administrative | $124M |
| SG&A Expenses | $487M |
| Other Expenses | $0 |
| Operating Expenses | $880M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $85M |
| Interest Income | $78M |
| Interest Expense | $57M |
| Other Income/Expenses | $260M |
| INCOME BEFORE TAX | $344M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $291M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $293M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $293M |
| D&A | $40M |
| EBIT | $85M |
| EBITDA | $125M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $252M |
| GROSS PROFIT | $965M |
| R&D Expenses | $393M |
| Selling & Marketing | $363M |
| General & Administrative | $124M |
| SG&A Expenses | $487M |
| Other Expenses | $0 |
| Operating Expenses | $880M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $85M |
| Interest Income | $78M |
| Interest Expense | $57M |
| Other Income/Expenses | $260M |
| INCOME BEFORE TAX | $344M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $291M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $293M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $293M |
| D&A | $40M |
| EBIT | $85M |
| EBITDA | $125M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $293M |
| Depreciation & Amortization | $83M |
| Stock-Based Compensation | $65M |
| Deferred Income Tax | -$42M |
| Other Non-Cash Items | -$358M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | $522M |
| Capital Expenditure | -$68M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $74M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $40M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.3B |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $454M |
| Net Change in Cash | -$753M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $3.4B |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $403M |
| TOTAL CURRENT ASSETS | $9.9B |
| PP&E (Net) | $1.1B |
| Goodwill | $8.5B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $7.5B |
| Tax Assets | $143M |
| Other Non-Current Assets | $153M |
| TOTAL NON-CURRENT ASSETS | $19.3B |
| TOTAL ASSETS | $29.2B |
| Account Payables | $1.8B |
| Short-Term Debt | $4.5B |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10.1B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $525M |
| Other Non-Current Liabilities | $205M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $13.8B |
| Common Stock | $876.3K |
| Additional Paid-In Capital | $12.2B |
| Retained Earnings | $3.3B |
| Treasury Stock | -$308M |
| Accum. Other Comp. Income | -$127M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.1B |
| Minority Interest | $330M |
| TOTAL EQUITY | $15.4B |
| TOTAL LIABILITIES & EQUITY | $29.2B |
| Total Debt | $7.5B |
| Net Debt | $4.6B |
