| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $214M | $167M | $194M | 28.7% | 10.4% |
| Op. Income | $80M | $58M | $54M | 37.3% | 46.7% |
| Gross Margin | 69.7% | 74.0% | 69.6% | -4.3pp | 0.1pp |
| Net Margin | 26.1% | 24.8% | 20.0% | 1.4pp | 6.2pp |
| EPS (Diluted) | $0.91 | $0.67 | $0.63 | 35.8% | 44.4% |
| Free Cash Flow | $89M | $104M | $5M | -14.3% | 1601.2% |
| Item | Amount |
|---|---|
| REVENUE | $214M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $47M |
| SG&A Expenses | $51M |
| Other Expenses | $19M |
| Operating Expenses | $70M |
| Cost & Expenses | $135M |
| OPERATING INCOME | $80M |
| Interest Income | $185M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $9M |
| EBIT | $80M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $214M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $47M |
| SG&A Expenses | $51M |
| Other Expenses | $19M |
| Operating Expenses | $70M |
| Cost & Expenses | $135M |
| OPERATING INCOME | $80M |
| Interest Income | $185M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $9M |
| EBIT | $80M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $93M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$105M |
| Sales/Maturities of Investments | $119M |
| Other Investing Activities | -$219M |
| NET CASH FROM INVESTING | -$208M |
| Net Debt Issuance | $527M |
| Common Stock Repurchased | -$37M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$547M |
| NET CASH FROM FINANCING | -$57M |
| FREE CASH FLOW | $89M |
| Net Change in Cash | -$172M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $672M |
| Short-Term Investments | $191M |
| Net Receivables | $187M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $0 |
| Goodwill | $128M |
| Intangible Assets | $10M |
| Long-Term Investments | $10.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $558M |
| TOTAL NON-CURRENT ASSETS | $11.1B |
| TOTAL ASSETS | $12.2B |
| Account Payables | $318M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.6B |
| TOTAL CURRENT LIABILITIES | $9.9B |
| Long-Term Debt | $847M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $243M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $11.0B |
| Common Stock | $671.0K |
| Additional Paid-In Capital | $407M |
| Retained Earnings | $964M |
| Treasury Stock | -$189M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $12.2B |
| Total Debt | $847M |
| Net Debt | $175M |
