| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $157M | $153M | $129M | 2.6% | 21.9% |
| Op. Income | $58M | $57M | $42M | 1.4% | 36.0% |
| Gross Margin | 86.6% | 88.0% | 91.9% | -1.4pp | -5.3pp |
| Net Margin | 28.8% | 28.6% | -9.3% | 0.2pp | 38.0pp |
| EPS (Diluted) | $0.56 | $0.54 | $-0.16 | 3.7% | 450.0% |
| Free Cash Flow | $67M | $79M | $54M | -15.9% | 23.6% |
| Item | Amount |
|---|---|
| REVENUE | $157M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $136M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $47M |
| SG&A Expenses | $49M |
| Other Expenses | $29M |
| Operating Expenses | $78M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $58M |
| Interest Income | $134M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $6M |
| EBIT | $58M |
| EBITDA | $64M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $157M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $136M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $47M |
| SG&A Expenses | $49M |
| Other Expenses | $29M |
| Operating Expenses | $78M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $58M |
| Interest Income | $134M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $6M |
| EBIT | $58M |
| EBITDA | $64M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$141M |
| Sales/Maturities of Investments | $120M |
| Other Investing Activities | -$165M |
| NET CASH FROM INVESTING | -$189M |
| Net Debt Issuance | -$158M |
| Common Stock Repurchased | -$282.0K |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $305M |
| NET CASH FROM FINANCING | $135M |
| FREE CASH FLOW | $67M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $327M |
| Short-Term Investments | $2.6B |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $206M |
| Goodwill | $307M |
| Intangible Assets | $17M |
| Long-Term Investments | $8.6B |
| Tax Assets | $64M |
| Other Non-Current Assets | $347M |
| TOTAL NON-CURRENT ASSETS | $9.6B |
| TOTAL ASSETS | $12.6B |
| Account Payables | $0 |
| Short-Term Debt | $160M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.5B |
| TOTAL CURRENT LIABILITIES | $10.8B |
| Long-Term Debt | $267M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $294M |
| TOTAL LIABILITIES | $11.1B |
| Common Stock | $79M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$90M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $11M |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $12.6B |
| Total Debt | $427M |
| Net Debt | $100M |
