| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $96M | $108M | $106M | -11.2% | -9.2% |
| Op. Income | $26M | $32M | $27M | -19.0% | -4.3% |
| Gross Margin | 42.7% | 42.4% | 40.8% | 0.3pp | 1.9pp |
| Net Margin | 14.5% | 19.1% | 10.6% | -4.6pp | 3.9pp |
| EPS (Diluted) | $0.19 | $0.29 | $0.17 | -34.5% | 11.8% |
| Free Cash Flow | $34M | $40M | $34M | -15.6% | -1.9% |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $8M |
| Operating Expenses | $15M |
| Cost & Expenses | $70M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $5M |
| EBIT | $25M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $8M |
| Operating Expenses | $15M |
| Cost & Expenses | $70M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $5M |
| EBIT | $25M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$835.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$804.0K |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$144.0K |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$137.0K |
| Other Financing Activities | $14.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $601.0K |
| Net Receivables | $44M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $99M |
| PP&E (Net) | $9M |
| Goodwill | $284M |
| Intangible Assets | $388M |
| Long-Term Investments | $13M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $703M |
| TOTAL ASSETS | $802M |
| Account Payables | $607.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$26M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $269M |
| Deferred Revenue NC | $43M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $70M |
| TOTAL NON-CURRENT LIABILITIES | $320M |
| TOTAL LIABILITIES | $346M |
| Common Stock | $706.0K |
| Additional Paid-In Capital | $604M |
| Retained Earnings | -$120M |
| Treasury Stock | -$30M |
| Accum. Other Comp. Income | -$86.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $456M |
| Minority Interest | $0 |
| TOTAL EQUITY | $456M |
| TOTAL LIABILITIES & EQUITY | $802M |
| Total Debt | $269M |
| Net Debt | $217M |
