| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $284M | $276M | $251M | 3.0% | 13.4% |
| Op. Income | $175M | -$5M | $174M | 3395.4% | 0.8% |
| Gross Margin | 63.7% | 100.0% | 100.0% | -36.3pp | -36.3pp |
| Net Margin | 48.5% | -1.5% | 72.7% | 50.0pp | -24.2pp |
| EPS (Diluted) | $0.85 | $-0.02 | $1.12 | 3527.4% | -24.0% |
| Free Cash Flow | $215M | $195M | $139M | 10.6% | 55.0% |
| Item | Amount |
|---|---|
| REVENUE | $284M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $181M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $6M |
| Operating Expenses | $6M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $175M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138M |
| D&A | $0 |
| EBIT | $181M |
| EBITDA | $181M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $284M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $181M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $6M |
| Operating Expenses | $6M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $175M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138M |
| D&A | $0 |
| EBIT | $181M |
| EBITDA | $181M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $138M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $81M |
| OPERATING CASH FLOW | $215M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$380M |
| NET CASH FROM INVESTING | -$380M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$436M |
| Other Financing Activities | $739M |
| NET CASH FROM FINANCING | $303M |
| FREE CASH FLOW | $215M |
| Net Change in Cash | $138M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $557M |
| Short-Term Investments | $0 |
| Net Receivables | $38M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $595M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $107M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $328M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $328M |
| Long-Term Debt | $738M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $646M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $184M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $738M |
| Net Debt | $181M |
