| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $136M | $141M | $145M | -3.4% | -6.2% |
| Op. Income | $43M | $46M | $54M | -4.9% | -20.3% |
| Gross Margin | 83.0% | 82.0% | 84.5% | 1.0pp | -1.6pp |
| Net Margin | 26.7% | 26.5% | 30.3% | 0.2pp | -3.5pp |
| EPS (Diluted) | $0.60 | $0.68 | $0.80 | -11.8% | -25.0% |
| Free Cash Flow | $31M | $69M | $56M | -55.4% | -44.7% |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $113M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $59M |
| SG&A Expenses | $59M |
| Other Expenses | $11M |
| Operating Expenses | $70M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $43M |
| Interest Income | $128M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $0 |
| EBIT | $43M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $113M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $59M |
| SG&A Expenses | $59M |
| Other Expenses | $11M |
| Operating Expenses | $70M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $43M |
| Interest Income | $128M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $0 |
| EBIT | $43M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $60M |
| Purchases of Investments | -$215M |
| Sales/Maturities of Investments | $203M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $49M |
| Net Debt Issuance | -$33M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$34M |
| NET CASH FROM FINANCING | -$93M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $183M |
| Short-Term Investments | $0 |
| Net Receivables | $44M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $227M |
| PP&E (Net) | $261M |
| Goodwill | $1.1B |
| Intangible Assets | $80M |
| Long-Term Investments | $13.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $423M |
| TOTAL NON-CURRENT ASSETS | $15.5B |
| TOTAL ASSETS | $15.7B |
| Account Payables | $0 |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $560M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11.2B |
| TOTAL NON-CURRENT LIABILITIES | $11.8B |
| TOTAL LIABILITIES | $13.1B |
| Common Stock | $142M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $825M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$103.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $15.7B |
| Total Debt | $1.9B |
| Net Debt | $1.7B |
