| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $356M | $300M | — | 18.5% | — |
| Op. Income | $84M | $33M | — | 153.2% | — |
| Gross Margin | 92.9% | 92.4% | — | 0.5pp | — |
| Net Margin | 16.6% | 11.1% | — | 5.5pp | — |
| EPS (Diluted) | $0.63 | $0.36 | — | 77.1% | — |
| Free Cash Flow | $6M | $118M | — | -95.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $356M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $331M |
| R&D Expenses | $0 |
| Selling & Marketing | $140M |
| General & Administrative | $19M |
| SG&A Expenses | $159M |
| Other Expenses | $87M |
| Operating Expenses | $247M |
| Cost & Expenses | $272M |
| OPERATING INCOME | $84M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $0 |
| EBIT | $84M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $356M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $331M |
| R&D Expenses | $0 |
| Selling & Marketing | $140M |
| General & Administrative | $19M |
| SG&A Expenses | $159M |
| Other Expenses | $87M |
| Operating Expenses | $247M |
| Cost & Expenses | $272M |
| OPERATING INCOME | $84M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $0 |
| EBIT | $84M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $59M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $519.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $280M |
| Change in Working Capital | -$370M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$39M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $220M |
| NET CASH FROM INVESTING | $175M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$101M |
| NET CASH FROM FINANCING | -$107M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $81M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $467M |
| Short-Term Investments | $67M |
| Net Receivables | $380M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $946M |
| PP&E (Net) | $77M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $968.3K |
| Tax Assets | $7M |
| Other Non-Current Assets | $378M |
| TOTAL NON-CURRENT ASSETS | $463M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $52M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $398M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $52M |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $227M |
| TOTAL NON-CURRENT LIABILITIES | $355M |
| TOTAL LIABILITIES | $753M |
| Common Stock | $17.7K |
| Additional Paid-In Capital | $736M |
| Retained Earnings | -$78M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $656M |
| Minority Interest | $0 |
| TOTAL EQUITY | $656M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $44M |
| Net Debt | -$423M |
