| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $247M | $242M | $221M | 2.1% | 11.7% |
| Op. Income | $34M | $39M | $39M | -11.4% | -11.2% |
| Gross Margin | 45.0% | 46.0% | 45.0% | -1.0pp | 0.0pp |
| Net Margin | 11.1% | 13.0% | 17.1% | -2.0pp | -6.0pp |
| EPS (Diluted) | $0.69 | $0.79 | $0.95 | -12.7% | -27.4% |
| Free Cash Flow | $11M | $67M | $36M | -83.6% | -69.4% |
| Item | Amount |
|---|---|
| REVENUE | $247M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $111M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | $0 |
| Operating Expenses | $77M |
| Cost & Expenses | $213M |
| OPERATING INCOME | $34M |
| Interest Income | $586.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $586.0K |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $17M |
| EBIT | $35M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $247M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $111M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | $0 |
| Operating Expenses | $77M |
| Cost & Expenses | $213M |
| OPERATING INCOME | $34M |
| Interest Income | $586.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $586.0K |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $17M |
| EBIT | $35M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$30M |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$199M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | $564.0K |
| NET CASH FROM INVESTING | -$195M |
| Net Debt Issuance | $85M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $76M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$95M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $37M |
| Net Receivables | $299M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $402M |
| PP&E (Net) | $185M |
| Goodwill | $835M |
| Intangible Assets | $390M |
| Long-Term Investments | $75M |
| Tax Assets | $0 |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $320M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $403M |
| Long-Term Debt | $85M |
| Deferred Revenue NC | $442.0K |
| Deferred Tax Liabilities | $43M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $147M |
| TOTAL LIABILITIES | $551M |
| Common Stock | $481.0K |
| Additional Paid-In Capital | $731M |
| Retained Earnings | $798M |
| Treasury Stock | -$171M |
| Accum. Other Comp. Income | -$46.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $110M |
| Net Debt | $70M |
