| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | $107M | $97M | -4.1% | 6.3% |
| Op. Income | $20M | $22M | $20M | -11.5% | -0.7% |
| Gross Margin | 55.2% | 54.8% | 56.0% | 0.4pp | -0.8pp |
| Net Margin | 21.1% | 15.1% | 14.9% | 6.0pp | 6.2pp |
| EPS (Diluted) | $1.54 | $1.15 | $1.01 | 33.9% | 52.5% |
| Free Cash Flow | $22M | $19M | $16M | 13.5% | 35.8% |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $57M |
| R&D Expenses | $2M |
| Selling & Marketing | $6M |
| General & Administrative | $30M |
| SG&A Expenses | $36M |
| Other Expenses | $426.0K |
| Operating Expenses | $37M |
| Cost & Expenses | $83M |
| OPERATING INCOME | $20M |
| Interest Income | $83.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$662.0K |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $735.0K |
| EBIT | $20M |
| EBITDA | $22M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $57M |
| R&D Expenses | $2M |
| Selling & Marketing | $6M |
| General & Administrative | $30M |
| SG&A Expenses | $36M |
| Other Expenses | $426.0K |
| Operating Expenses | $37M |
| Cost & Expenses | $83M |
| OPERATING INCOME | $20M |
| Interest Income | $83.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$662.0K |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $735.0K |
| EBIT | $20M |
| EBITDA | $22M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $521.0K |
| Deferred Income Tax | -$161.0K |
| Other Non-Cash Items | -$39.0K |
| Change in Working Capital | -$673.0K |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $836.0K |
| Sales/Maturities of Investments | -$2M |
| Other Investing Activities | $113.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$82M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$6.0K |
| NET CASH FROM FINANCING | -$94M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $219.0K |
| Net Receivables | $69M |
| Inventory | $37M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $168M |
| PP&E (Net) | $36M |
| Goodwill | $96M |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | $511.0K |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $149M |
| TOTAL ASSETS | $317M |
| Account Payables | $19M |
| Short-Term Debt | $24M |
| Deferred Revenue | $32M |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $86M |
| Long-Term Debt | $63M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $76M |
| TOTAL LIABILITIES | $162M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $153M |
| Retained Earnings | $351M |
| Treasury Stock | -$322M |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $155M |
| Minority Interest | $0 |
| TOTAL EQUITY | $155M |
| TOTAL LIABILITIES & EQUITY | $317M |
| Total Debt | $86M |
| Net Debt | $38M |
