| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $92M | $93M | $93M | -1.4% | -0.6% |
| Op. Income | $15M | $16M | $15M | -7.2% | 1.7% |
| Gross Margin | 73.8% | 74.2% | 72.4% | -0.4pp | 1.5pp |
| Net Margin | 13.0% | 13.8% | 12.5% | -0.8pp | 0.5pp |
| EPS (Diluted) | $0.28 | $0.30 | $0.27 | -6.7% | 3.7% |
| Free Cash Flow | $38M | $18M | $12M | 109.2% | 209.8% |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $34M |
| SG&A Expenses | $34M |
| Other Expenses | $18M |
| Operating Expenses | $53M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $15M |
| Interest Income | $78M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $2M |
| EBIT | $15M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $34M |
| SG&A Expenses | $34M |
| Other Expenses | $18M |
| Operating Expenses | $53M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $15M |
| Interest Income | $78M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $2M |
| EBIT | $15M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$338.0K |
| Other Non-Cash Items | -$256.0K |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$95M |
| Sales/Maturities of Investments | $120M |
| Other Investing Activities | $55M |
| NET CASH FROM INVESTING | $76M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$127M |
| NET CASH FROM FINANCING | -$107M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $101M |
| Short-Term Investments | $1.5B |
| Net Receivables | $68M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $126M |
| Goodwill | $19M |
| Intangible Assets | $0 |
| Long-Term Investments | $5.8B |
| Tax Assets | $5M |
| Other Non-Current Assets | $281M |
| TOTAL NON-CURRENT ASSETS | $6.2B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.7B |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $83M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $7.0B |
| Common Stock | $5M |
| Additional Paid-In Capital | $419M |
| Retained Earnings | $432M |
| Treasury Stock | -$46M |
| Accum. Other Comp. Income | $17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $826M |
| Minority Interest | $0 |
| TOTAL EQUITY | $826M |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $1.3B |
| Net Debt | $1.2B |
