| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $323M | $468M | $399M | -30.9% | -19.0% |
| Op. Income | $58M | $151M | $123M | -61.5% | -52.9% |
| Gross Margin | 77.1% | 80.7% | 79.3% | -3.6pp | -2.2pp |
| Net Margin | 16.1% | 20.3% | 37.7% | -4.2pp | -21.6pp |
| EPS (Diluted) | $0.23 | $0.42 | $0.66 | -45.2% | -65.2% |
| Free Cash Flow | $56M | $0 | $73M | — | -23.1% |
| Item | Amount |
|---|---|
| REVENUE | $323M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $249M |
| R&D Expenses | $74M |
| Selling & Marketing | $99M |
| General & Administrative | $18M |
| SG&A Expenses | $117M |
| Other Expenses | $0 |
| Operating Expenses | $191M |
| Cost & Expenses | $265M |
| OPERATING INCOME | $58M |
| Interest Income | $13M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $8M |
| EBIT | $58M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $323M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $249M |
| R&D Expenses | $74M |
| Selling & Marketing | $99M |
| General & Administrative | $18M |
| SG&A Expenses | $117M |
| Other Expenses | $0 |
| Operating Expenses | $191M |
| Cost & Expenses | $265M |
| OPERATING INCOME | $58M |
| Interest Income | $13M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $8M |
| EBIT | $58M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$263.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$562M |
| Sales/Maturities of Investments | $208M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$369M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $86.0K |
| FREE CASH FLOW | $56M |
| Net Change in Cash | -$322M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $1.2B |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $56M |
| Goodwill | $29M |
| Intangible Assets | $16M |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $106M |
| Short-Term Debt | $0 |
| Deferred Revenue | $154M |
| Other Current Liabilities | $340M |
| TOTAL CURRENT LIABILITIES | $763M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $34M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $57.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$106M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | -$1M |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $1.7B |
| Net Debt | $561M |
