| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $302M | $281M | $257M | 7.4% | 17.4% |
| Op. Income | $68M | $24M | $68M | 178.8% | 1.0% |
| Gross Margin | 80.2% | 68.4% | 88.4% | 11.8pp | -8.2pp |
| Net Margin | 19.1% | 9.0% | 22.1% | 10.1pp | -3.0pp |
| EPS (Diluted) | $1.18 | $0.52 | $1.14 | 126.9% | 3.5% |
| Free Cash Flow | $36M | $52M | $11M | -30.2% | 229.1% |
| Item | Amount |
|---|---|
| REVENUE | $302M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $242M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $123M |
| SG&A Expenses | $128M |
| Other Expenses | $46M |
| Operating Expenses | $174M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $68M |
| Interest Income | $211M |
| Interest Expense | $47M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $14M |
| EBIT | $68M |
| EBITDA | $82M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $302M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $242M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $123M |
| SG&A Expenses | $128M |
| Other Expenses | $46M |
| Operating Expenses | $174M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $68M |
| Interest Income | $211M |
| Interest Expense | $47M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $14M |
| EBIT | $68M |
| EBITDA | $82M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $295.0K |
| Other Non-Cash Items | $27M |
| Change in Working Capital | -$57M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$581M |
| Sales/Maturities of Investments | $343M |
| Other Investing Activities | -$23M |
| NET CASH FROM INVESTING | -$271M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $61M |
| NET CASH FROM FINANCING | $40M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | -$184M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $6.9B |
| Net Receivables | $122M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.5B |
| PP&E (Net) | $279M |
| Goodwill | $181M |
| Intangible Assets | $14M |
| Long-Term Investments | $13.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $891M |
| TOTAL NON-CURRENT ASSETS | $15.0B |
| TOTAL ASSETS | $23.6B |
| Account Payables | $0 |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19.4B |
| TOTAL CURRENT LIABILITIES | $21.0B |
| Long-Term Debt | $82M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $123M |
| TOTAL NON-CURRENT LIABILITIES | $204M |
| TOTAL LIABILITIES | $21.2B |
| Common Stock | $55M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.5B |
| Treasury Stock | -$279M |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $23.6B |
| Total Debt | $1.6B |
| Net Debt | $63M |
