| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $335M | $428M | — | -21.7% | — |
| Op. Income | $23M | $68M | — | -66.2% | — |
| Gross Margin | 93.7% | 94.2% | — | -0.4pp | — |
| Net Margin | 4.8% | 11.7% | — | -6.9pp | — |
| EPS (Diluted) | $0.11 | $0.36 | — | -69.4% | — |
| Free Cash Flow | $37M | -$22M | — | 268.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $314M |
| R&D Expenses | $0 |
| Selling & Marketing | $138M |
| General & Administrative | $49M |
| SG&A Expenses | $187M |
| Other Expenses | $104M |
| Operating Expenses | $291M |
| Cost & Expenses | $312M |
| OPERATING INCOME | $23M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $34M |
| EBIT | $23M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $314M |
| R&D Expenses | $0 |
| Selling & Marketing | $138M |
| General & Administrative | $49M |
| SG&A Expenses | $187M |
| Other Expenses | $104M |
| Operating Expenses | $291M |
| Cost & Expenses | $312M |
| OPERATING INCOME | $23M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $34M |
| EBIT | $23M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | -$108M |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $110M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$60M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$485M |
| NET CASH FROM FINANCING | -$550M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | -$519M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $319M |
| Short-Term Investments | $0 |
| Net Receivables | $183M |
| Inventory | $0 |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $533M |
| PP&E (Net) | $344M |
| Goodwill | $840M |
| Intangible Assets | $110M |
| Long-Term Investments | $55M |
| Tax Assets | $7M |
| Other Non-Current Assets | $95M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $62M |
| Other Current Liabilities | $249M |
| TOTAL CURRENT LIABILITIES | $435M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $36M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $202M |
| TOTAL NON-CURRENT LIABILITIES | $388M |
| TOTAL LIABILITIES | $823M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $681M |
| Treasury Stock | -$607M |
| Accum. Other Comp. Income | -$63M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $167M |
| Net Debt | -$152M |
