| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $145M | $113M | — | 28.4% | — |
| Op. Income | $54M | $39M | — | 39.7% | — |
| Gross Margin | 84.5% | 82.7% | — | 1.8pp | — |
| Net Margin | 30.3% | 28.7% | — | 1.5pp | — |
| EPS (Diluted) | $0.80 | $0.64 | — | 25.0% | — |
| Free Cash Flow | $56M | $54M | — | 3.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $50M |
| SG&A Expenses | $50M |
| Other Expenses | $18M |
| Operating Expenses | $68M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $54M |
| Interest Income | $121M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $0 |
| EBIT | $54M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $50M |
| SG&A Expenses | $50M |
| Other Expenses | $18M |
| Operating Expenses | $68M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $54M |
| Interest Income | $121M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $0 |
| EBIT | $54M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$178M |
| Sales/Maturities of Investments | $107M |
| Other Investing Activities | $117M |
| NET CASH FROM INVESTING | $43M |
| Net Debt Issuance | -$81M |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$109M |
| NET CASH FROM FINANCING | -$206M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $125M |
| Short-Term Investments | $0 |
| Net Receivables | $39M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $164M |
| PP&E (Net) | $167M |
| Goodwill | $862M |
| Intangible Assets | $57M |
| Long-Term Investments | $10.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $332M |
| TOTAL NON-CURRENT ASSETS | $12.3B |
| TOTAL ASSETS | $12.5B |
| Account Payables | $0 |
| Short-Term Debt | $779M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $779M |
| Long-Term Debt | $755M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.9B |
| TOTAL NON-CURRENT LIABILITIES | $9.7B |
| TOTAL LIABILITIES | $10.5B |
| Common Stock | $114M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $738M |
| Treasury Stock | -$274.0K |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $12.5B |
| Total Debt | $1.5B |
| Net Debt | $1.4B |
