| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $123M | $119M | $112M | 3.0% | 9.7% |
| Op. Income | $27M | $30M | $32M | -12.9% | -17.3% |
| Gross Margin | 60.6% | 63.5% | 69.4% | -3.0pp | -8.9pp |
| Net Margin | 16.5% | 18.1% | 17.5% | -1.6pp | -1.0pp |
| EPS (Diluted) | $0.07 | $0.08 | $0.07 | -12.5% | -0.8% |
| Free Cash Flow | $34M | $29M | $94M | 15.5% | -64.4% |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $28M |
| SG&A Expenses | $33M |
| Other Expenses | $15M |
| Operating Expenses | $48M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $27M |
| Interest Income | $118M |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $5M |
| EBIT | $27M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $28M |
| SG&A Expenses | $33M |
| Other Expenses | $15M |
| Operating Expenses | $48M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $27M |
| Interest Income | $118M |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $5M |
| EBIT | $27M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $434.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$917.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$59M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | -$49M |
| NET CASH FROM INVESTING | -$77M |
| Net Debt Issuance | $13M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $63M |
| NET CASH FROM FINANCING | $59M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $287M |
| Short-Term Investments | $564M |
| Net Receivables | $39M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $891M |
| PP&E (Net) | $63M |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $12.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $356M |
| TOTAL NON-CURRENT ASSETS | $13.3B |
| TOTAL ASSETS | $14.2B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.6B |
| TOTAL CURRENT LIABILITIES | $8.6B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $96M |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $12.5B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $816M |
| Treasury Stock | -$757M |
| Accum. Other Comp. Income | $2M |
| Other Equity | -$48M |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $14.2B |
| Total Debt | $3.8B |
| Net Debt | $3.5B |
