| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $251M | $229M | — | 9.3% | — |
| Op. Income | $174M | $171M | — | 1.6% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | 72.7% | 66.6% | — | 6.1pp | — |
| EPS (Diluted) | $1.12 | $0.94 | — | 19.3% | — |
| Free Cash Flow | $139M | $122M | — | 13.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $251M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $174M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $220M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $182M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$45M |
| NET INCOME | $182M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $137M |
| D&A | -$174M |
| EBIT | $174M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $251M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $174M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $220M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $182M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$45M |
| NET INCOME | $182M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $137M |
| D&A | -$174M |
| EBIT | $174M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $182M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$36M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $139M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$144M |
| NET CASH FROM INVESTING | -$144M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $139M |
| Net Change in Cash | -$5M |
