| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $194M | $148M | $168M | 31.1% | 15.3% |
| Op. Income | $54M | $54M | $78M | 1.3% | -30.1% |
| Gross Margin | 69.6% | 70.7% | 73.2% | -1.1pp | -3.6pp |
| Net Margin | 20.0% | 26.2% | 30.4% | -6.2pp | -10.4pp |
| EPS (Diluted) | $0.63 | $0.62 | $0.80 | 1.6% | -21.3% |
| Free Cash Flow | $5M | $64M | $49M | -91.8% | -89.2% |
| Item | Amount |
|---|---|
| REVENUE | $194M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $58M |
| SG&A Expenses | $62M |
| Other Expenses | $19M |
| Operating Expenses | $81M |
| Cost & Expenses | $140M |
| OPERATING INCOME | $54M |
| Interest Income | $169M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $5M |
| EBIT | $54M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $194M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $58M |
| SG&A Expenses | $62M |
| Other Expenses | $19M |
| Operating Expenses | $81M |
| Cost & Expenses | $140M |
| OPERATING INCOME | $54M |
| Interest Income | $169M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $5M |
| EBIT | $54M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $83M |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$78M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $176M |
| Common Stock Repurchased | -$172.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $315M |
| NET CASH FROM FINANCING | $490M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $507M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $289M |
| Short-Term Investments | $219M |
| Net Receivables | $253M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $761M |
| PP&E (Net) | $0 |
| Goodwill | $71M |
| Intangible Assets | $76M |
| Long-Term Investments | $9.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $851M |
| TOTAL NON-CURRENT ASSETS | $10.1B |
| TOTAL ASSETS | $10.9B |
| Account Payables | $245M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.7B |
| TOTAL CURRENT LIABILITIES | $8.9B |
| Long-Term Debt | $658M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $277M |
| TOTAL NON-CURRENT LIABILITIES | $935M |
| TOTAL LIABILITIES | $9.8B |
| Common Stock | $663.0K |
| Additional Paid-In Capital | $384M |
| Retained Earnings | $786M |
| Treasury Stock | -$136M |
| Accum. Other Comp. Income | -$518.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $10.9B |
| Total Debt | $658M |
| Net Debt | $369M |
