| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $151M | $159M | $150M | -4.7% | 0.7% |
| Op. Income | $39M | $47M | $43M | -16.1% | -7.9% |
| Gross Margin | 85.0% | 84.5% | 85.6% | 0.5pp | -0.6pp |
| Net Margin | 22.4% | 25.8% | 24.4% | -3.4pp | -2.0pp |
| EPS (Diluted) | $0.53 | $0.64 | $0.55 | -17.2% | -3.6% |
| Free Cash Flow | $125M | -$20M | $91M | 714.5% | 36.6% |
| Item | Amount |
|---|---|
| REVENUE | $151M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $129M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $64M |
| SG&A Expenses | $64M |
| Other Expenses | $25M |
| Operating Expenses | $89M |
| Cost & Expenses | $112M |
| OPERATING INCOME | $39M |
| Interest Income | $125M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $10M |
| EBIT | $39M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $151M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $129M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $64M |
| SG&A Expenses | $64M |
| Other Expenses | $25M |
| Operating Expenses | $89M |
| Cost & Expenses | $112M |
| OPERATING INCOME | $39M |
| Interest Income | $125M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $10M |
| EBIT | $39M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $71M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $134M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$168M |
| Sales/Maturities of Investments | $166M |
| Other Investing Activities | -$107M |
| NET CASH FROM INVESTING | -$115M |
| Net Debt Issuance | -$255.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$129M |
| NET CASH FROM FINANCING | -$147M |
| FREE CASH FLOW | $125M |
| Net Change in Cash | -$127M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $359M |
| Short-Term Investments | $1.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $221M |
| Goodwill | $380M |
| Intangible Assets | $87M |
| Long-Term Investments | $10.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $562M |
| TOTAL NON-CURRENT ASSETS | $11.5B |
| TOTAL ASSETS | $13.5B |
| Account Payables | $0 |
| Short-Term Debt | $313M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.2B |
| TOTAL CURRENT LIABILITIES | $11.6B |
| Long-Term Debt | $81M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $156M |
| TOTAL NON-CURRENT LIABILITIES | $279M |
| TOTAL LIABILITIES | $11.8B |
| Common Stock | $13M |
| Additional Paid-In Capital | $256M |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $13.5B |
| Total Debt | $436M |
| Net Debt | $77M |
