| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $141M | $116M | $115M | 21.7% | 22.6% |
| Op. Income | $19M | $38M | $48M | -49.8% | -60.1% |
| Gross Margin | 83.0% | 85.8% | 88.2% | -2.8pp | -5.2pp |
| Net Margin | 9.3% | 25.7% | 32.6% | -16.5pp | -23.3pp |
| EPS (Diluted) | $0.25 | $0.93 | $1.16 | -73.1% | -78.4% |
| Free Cash Flow | $19M | $28M | $60M | -31.4% | -68.6% |
| Item | Amount |
|---|---|
| REVENUE | $141M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $117M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $39M |
| SG&A Expenses | $41M |
| Other Expenses | $56M |
| Operating Expenses | $97M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $19M |
| Interest Income | $100M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $10M |
| EBIT | $19M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $141M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $117M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $39M |
| SG&A Expenses | $41M |
| Other Expenses | $56M |
| Operating Expenses | $97M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $19M |
| Interest Income | $100M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $10M |
| EBIT | $19M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $550.0K |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $76M |
| Purchases of Investments | -$303M |
| Sales/Maturities of Investments | $625M |
| Other Investing Activities | -$62M |
| NET CASH FROM INVESTING | $333M |
| Net Debt Issuance | -$247M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$69M |
| NET CASH FROM FINANCING | -$328M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $648M |
| Short-Term Investments | $1.5B |
| Net Receivables | $185M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $106M |
| Goodwill | $475M |
| Intangible Assets | $105M |
| Long-Term Investments | $8.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $400M |
| TOTAL NON-CURRENT ASSETS | $9.8B |
| TOTAL ASSETS | $12.2B |
| Account Payables | $6M |
| Short-Term Debt | $104M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.7B |
| TOTAL CURRENT LIABILITIES | $9.8B |
| Long-Term Debt | $302M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $308M |
| TOTAL NON-CURRENT LIABILITIES | $610M |
| TOTAL LIABILITIES | $10.4B |
| Common Stock | $569.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $801M |
| Treasury Stock | -$52M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | -$75.0K |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $12.2B |
| Total Debt | $406M |
| Net Debt | -$241M |
