| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $312M | $328M | $304M | -5.0% | 2.5% |
| Op. Income | $102M | $154M | $146M | -33.6% | -30.0% |
| Gross Margin | 71.3% | 85.5% | 84.1% | -14.2pp | -12.8pp |
| Net Margin | 26.9% | 39.1% | 39.8% | -12.1pp | -12.8pp |
| EPS (Diluted) | $0.83 | $1.25 | $1.16 | -33.6% | -28.4% |
| Free Cash Flow | $113M | $163M | $148M | -31.2% | -24.1% |
| Item | Amount |
|---|---|
| REVENUE | $312M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $222M |
| R&D Expenses | $0 |
| Selling & Marketing | $900.0K |
| General & Administrative | $72M |
| SG&A Expenses | $73M |
| Other Expenses | $47M |
| Operating Expenses | $120M |
| Cost & Expenses | $209M |
| OPERATING INCOME | $102M |
| Interest Income | $307M |
| Interest Expense | $38M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $8M |
| EBIT | $102M |
| EBITDA | $111M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $312M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $222M |
| R&D Expenses | $0 |
| Selling & Marketing | $900.0K |
| General & Administrative | $72M |
| SG&A Expenses | $73M |
| Other Expenses | $47M |
| Operating Expenses | $120M |
| Cost & Expenses | $209M |
| OPERATING INCOME | $102M |
| Interest Income | $307M |
| Interest Expense | $38M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $8M |
| EBIT | $102M |
| EBITDA | $111M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $84M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $69M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | $124M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$726M |
| Sales/Maturities of Investments | $332M |
| Other Investing Activities | -$2.0B |
| NET CASH FROM INVESTING | -$2.4B |
| Net Debt Issuance | $314M |
| Common Stock Repurchased | -$63M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | $2.0B |
| NET CASH FROM FINANCING | $2.3B |
| FREE CASH FLOW | $113M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $416M |
| Short-Term Investments | $3.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $198M |
| Goodwill | $297M |
| Intangible Assets | $0 |
| Long-Term Investments | $24.4B |
| Tax Assets | $28M |
| Other Non-Current Assets | $168M |
| TOTAL NON-CURRENT ASSETS | $25.1B |
| TOTAL ASSETS | $29.2B |
| Account Payables | $0 |
| Short-Term Debt | $331M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24.8B |
| TOTAL CURRENT LIABILITIES | $25.2B |
| Long-Term Debt | $390M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $528M |
| TOTAL NON-CURRENT LIABILITIES | $997M |
| TOTAL LIABILITIES | $26.2B |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $1.7B |
| Treasury Stock | -$70M |
| Accum. Other Comp. Income | $37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $29.2B |
| Total Debt | $800M |
| Net Debt | $384M |
