| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $281M | $269M | $254M | 4.5% | 11.0% |
| Op. Income | $24M | $65M | $64M | -62.5% | -61.6% |
| Gross Margin | 68.4% | 85.0% | 91.0% | -16.6pp | -22.6pp |
| Net Margin | 9.0% | 21.5% | 44.2% | -12.4pp | -35.1pp |
| EPS (Diluted) | $0.52 | $1.16 | $2.25 | -55.2% | -76.9% |
| Free Cash Flow | $52M | $111M | $71M | -53.2% | -26.6% |
| Item | Amount |
|---|---|
| REVENUE | $281M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $193M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $110M |
| SG&A Expenses | $117M |
| Other Expenses | $51M |
| Operating Expenses | $168M |
| Cost & Expenses | $257M |
| OPERATING INCOME | $24M |
| Interest Income | $203M |
| Interest Expense | $41M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | -$968.0K |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $13M |
| EBIT | $24M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $281M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $193M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $110M |
| SG&A Expenses | $117M |
| Other Expenses | $51M |
| Operating Expenses | $168M |
| Cost & Expenses | $257M |
| OPERATING INCOME | $24M |
| Interest Income | $203M |
| Interest Expense | $41M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | -$968.0K |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $13M |
| EBIT | $24M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $74M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | -$739M |
| Sales/Maturities of Investments | $225M |
| Other Investing Activities | -$663M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $1.9B |
| NET CASH FROM FINANCING | $1.8B |
| FREE CASH FLOW | $52M |
| Net Change in Cash | $689M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $6.5B |
| Net Receivables | $115M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.4B |
| PP&E (Net) | $228M |
| Goodwill | $181M |
| Intangible Assets | $71M |
| Long-Term Investments | $13.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $15.0B |
| TOTAL ASSETS | $23.4B |
| Account Payables | $0 |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19.3B |
| TOTAL CURRENT LIABILITIES | $21.0B |
| Long-Term Debt | $83M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $62M |
| TOTAL NON-CURRENT LIABILITIES | $145M |
| TOTAL LIABILITIES | $21.1B |
| Common Stock | $55M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.5B |
| Treasury Stock | -$274M |
| Accum. Other Comp. Income | -$96M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $23.4B |
| Total Debt | $1.6B |
| Net Debt | -$91M |
