| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $182M | $169M | $153M | 7.4% | 19.2% |
| Op. Income | $67M | $67M | $61M | -0.0% | 11.0% |
| Gross Margin | 76.4% | 80.9% | 80.3% | -4.5pp | -3.9pp |
| Net Margin | 29.1% | 30.4% | 33.9% | -1.3pp | -4.8pp |
| EPS (Diluted) | $0.65 | $0.62 | $0.59 | 4.8% | 10.2% |
| Free Cash Flow | $42M | $46M | $52M | -9.1% | -19.2% |
| Item | Amount |
|---|---|
| REVENUE | $182M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $37M |
| SG&A Expenses | $37M |
| Other Expenses | $35M |
| Operating Expenses | $72M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $67M |
| Interest Income | $163M |
| Interest Expense | $43M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $7M |
| EBIT | $67M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $182M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $37M |
| SG&A Expenses | $37M |
| Other Expenses | $35M |
| Operating Expenses | $72M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $67M |
| Interest Income | $163M |
| Interest Expense | $43M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $7M |
| EBIT | $67M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$172M |
| Sales/Maturities of Investments | $76M |
| Other Investing Activities | -$217M |
| NET CASH FROM INVESTING | -$331M |
| Net Debt Issuance | $210M |
| Common Stock Repurchased | -$49M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $139M |
| NET CASH FROM FINANCING | $285M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $283M |
| Short-Term Investments | $1.5B |
| Net Receivables | $48M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $277M |
| Goodwill | $301M |
| Intangible Assets | $9M |
| Long-Term Investments | $13.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $531M |
| TOTAL NON-CURRENT ASSETS | $14.4B |
| TOTAL ASSETS | $16.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.6B |
| TOTAL CURRENT LIABILITIES | $11.6B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $14.2B |
| Common Stock | $135M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.2B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $16.2B |
| Total Debt | $2.5B |
| Net Debt | $2.3B |
