| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $242M | $236M | $218M | 2.5% | 11.1% |
| Op. Income | $39M | $38M | $44M | 3.6% | -12.2% |
| Gross Margin | 46.0% | 45.4% | 46.8% | 0.6pp | -0.8pp |
| Net Margin | 13.0% | 16.5% | 28.4% | -3.4pp | -15.3pp |
| EPS (Diluted) | $0.79 | $0.96 | $1.56 | -17.7% | -49.4% |
| Free Cash Flow | $67M | $104M | $48M | -35.4% | 39.2% |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $111M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $203M |
| OPERATING INCOME | $39M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $16M |
| EBIT | $40M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $111M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $203M |
| OPERATING INCOME | $39M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $16M |
| EBIT | $40M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$35.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | $825.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$147M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$140M |
| FREE CASH FLOW | $67M |
| Net Change in Cash | -$85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $134M |
| Short-Term Investments | $44M |
| Net Receivables | $304M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $519M |
| PP&E (Net) | $155M |
| Goodwill | $754M |
| Intangible Assets | $277M |
| Long-Term Investments | $70M |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $351M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $424M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $424.0K |
| Deferred Tax Liabilities | $42M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $42M |
| TOTAL LIABILITIES | $466M |
| Common Stock | $481.0K |
| Additional Paid-In Capital | $731M |
| Retained Earnings | $772M |
| Treasury Stock | -$179M |
| Accum. Other Comp. Income | -$46.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $0 |
| Net Debt | -$134M |
