| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $149M | $150M | $146M | -0.6% | 2.2% |
| Op. Income | $39M | $43M | $42M | -10.0% | -8.8% |
| Gross Margin | 85.0% | 85.6% | 87.9% | -0.5pp | -2.9pp |
| Net Margin | 22.3% | 24.4% | 25.2% | -2.1pp | -2.9pp |
| EPS (Diluted) | $0.51 | $0.55 | $0.54 | -7.3% | -5.6% |
| Free Cash Flow | $7M | $91M | $54M | -92.6% | -87.6% |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $127M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $63M |
| SG&A Expenses | $63M |
| Other Expenses | $26M |
| Operating Expenses | $88M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $39M |
| Interest Income | $125M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $9M |
| EBIT | $39M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $127M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $63M |
| SG&A Expenses | $63M |
| Other Expenses | $26M |
| Operating Expenses | $88M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $39M |
| Interest Income | $125M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $9M |
| EBIT | $39M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$81.0K |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $132M |
| Other Investing Activities | -$147M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$620.0K |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $167M |
| NET CASH FROM FINANCING | $113M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $104M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $454M |
| Short-Term Investments | $1.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $224M |
| Goodwill | $380M |
| Intangible Assets | $97M |
| Long-Term Investments | $10.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $535M |
| TOTAL NON-CURRENT ASSETS | $11.3B |
| TOTAL ASSETS | $13.5B |
| Account Payables | $0 |
| Short-Term Debt | $47M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.5B |
| TOTAL CURRENT LIABILITIES | $11.6B |
| Long-Term Debt | $145M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $129M |
| TOTAL NON-CURRENT LIABILITIES | $309M |
| TOTAL LIABILITIES | $11.9B |
| Common Stock | $13M |
| Additional Paid-In Capital | $272M |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $13.5B |
| Total Debt | $227M |
| Net Debt | -$227M |
