| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $119M | $118M | $111M | 0.9% | 7.5% |
| Op. Income | $30M | $28M | $35M | 8.6% | -13.1% |
| Gross Margin | 63.5% | 67.2% | 74.0% | -3.6pp | -10.5pp |
| Net Margin | 18.1% | 17.6% | 20.7% | 0.4pp | -2.6pp |
| EPS (Diluted) | $0.08 | $0.07 | $0.08 | 14.3% | 0.0% |
| Free Cash Flow | $29M | $13M | $25M | 118.7% | 18.2% |
| Item | Amount |
|---|---|
| REVENUE | $119M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $27M |
| SG&A Expenses | $30M |
| Other Expenses | $15M |
| Operating Expenses | $45M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $30M |
| Interest Income | $115M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $6M |
| EBIT | $30M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $119M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $27M |
| SG&A Expenses | $30M |
| Other Expenses | $15M |
| Operating Expenses | $45M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $30M |
| Interest Income | $115M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $6M |
| EBIT | $30M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$616.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | -$201M |
| NET CASH FROM INVESTING | -$196M |
| Net Debt Issuance | $57M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $134M |
| NET CASH FROM FINANCING | $176M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $270M |
| Short-Term Investments | $532M |
| Net Receivables | $39M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $840M |
| PP&E (Net) | $63M |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $12.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $353M |
| TOTAL NON-CURRENT ASSETS | $13.3B |
| TOTAL ASSETS | $14.1B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.5B |
| TOTAL CURRENT LIABILITIES | $8.5B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $103M |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $12.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $808M |
| Treasury Stock | -$754M |
| Accum. Other Comp. Income | $23M |
| Other Equity | -$49M |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $14.1B |
| Total Debt | $3.8B |
| Net Debt | $3.5B |
