| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $304M | $291M | $246M | 4.3% | 23.5% |
| Op. Income | $146M | $140M | $122M | 4.5% | 20.2% |
| Gross Margin | 84.1% | 84.7% | 89.2% | -0.7pp | -5.2pp |
| Net Margin | 39.8% | 40.9% | 41.0% | -1.1pp | -1.3pp |
| EPS (Diluted) | $1.16 | $1.13 | $0.96 | 2.7% | 20.8% |
| Free Cash Flow | $148M | $142M | $88M | 4.6% | 68.9% |
| Item | Amount |
|---|---|
| REVENUE | $304M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $255M |
| R&D Expenses | $0 |
| Selling & Marketing | $741.0K |
| General & Administrative | $69M |
| SG&A Expenses | $69M |
| Other Expenses | $40M |
| Operating Expenses | $109M |
| Cost & Expenses | $158M |
| OPERATING INCOME | $146M |
| Interest Income | $291M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $7M |
| EBIT | $146M |
| EBITDA | $153M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $304M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $255M |
| R&D Expenses | $0 |
| Selling & Marketing | $741.0K |
| General & Administrative | $69M |
| SG&A Expenses | $69M |
| Other Expenses | $40M |
| Operating Expenses | $109M |
| Cost & Expenses | $158M |
| OPERATING INCOME | $146M |
| Interest Income | $291M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $7M |
| EBIT | $146M |
| EBITDA | $153M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $121M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $151M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$62M |
| Sales/Maturities of Investments | $101M |
| Other Investing Activities | -$386M |
| NET CASH FROM INVESTING | -$351M |
| Net Debt Issuance | -$498M |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | -$151.0K |
| Other Financing Activities | $1.0B |
| NET CASH FROM FINANCING | $487M |
| FREE CASH FLOW | $148M |
| Net Change in Cash | $287M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $496M |
| Short-Term Investments | $3.2B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $193M |
| Goodwill | $290M |
| Intangible Assets | $9M |
| Long-Term Investments | $19.1B |
| Tax Assets | $22M |
| Other Non-Current Assets | $485M |
| TOTAL NON-CURRENT ASSETS | $20.1B |
| TOTAL ASSETS | $23.8B |
| Account Payables | $0 |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.2B |
| TOTAL CURRENT LIABILITIES | $20.2B |
| Long-Term Debt | $374M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $397M |
| TOTAL NON-CURRENT LIABILITIES | $848M |
| TOTAL LIABILITIES | $21.1B |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$61M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $23.8B |
| Total Debt | $467M |
| Net Debt | -$29M |
