| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $338M | $338M | $317M | 0.1% | 6.7% |
| Op. Income | $109M | $127M | $94M | -14.5% | 16.2% |
| Gross Margin | 89.2% | 88.5% | 88.6% | 0.7pp | 0.6pp |
| Net Margin | 36.6% | 35.6% | 29.7% | 0.9pp | 6.9pp |
| EPS (Diluted) | $1.03 | $1.01 | $0.79 | 2.3% | 30.6% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $338M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $302M |
| R&D Expenses | $51M |
| Selling & Marketing | $143M |
| General & Administrative | $20M |
| SG&A Expenses | $163M |
| Other Expenses | -$21M |
| Operating Expenses | $193M |
| Cost & Expenses | $230M |
| OPERATING INCOME | $109M |
| Interest Income | $20M |
| Interest Expense | $0 |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $4M |
| EBIT | $109M |
| EBITDA | $113M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $338M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $302M |
| R&D Expenses | $51M |
| Selling & Marketing | $143M |
| General & Administrative | $20M |
| SG&A Expenses | $163M |
| Other Expenses | -$21M |
| Operating Expenses | $193M |
| Cost & Expenses | $230M |
| OPERATING INCOME | $109M |
| Interest Income | $20M |
| Interest Expense | $0 |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $4M |
| EBIT | $109M |
| EBITDA | $113M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $124M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$132M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $250M |
| Net Receivables | $67M |
| Inventory | $0 |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $388M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $33M |
| Long-Term Investments | $2M |
| Tax Assets | $3M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $50M |
| TOTAL ASSETS | $438M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $16M |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $72M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $85M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $354M |
| TOTAL STOCKHOLDERS' EQUITY | $354M |
| Minority Interest | -$478.8K |
| TOTAL EQUITY | $353M |
| TOTAL LIABILITIES & EQUITY | $438M |
| Total Debt | $0 |
| Net Debt | -$39M |
