| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $251M | $216M | $224M | 16.2% | 12.0% |
| Op. Income | $54M | $46M | $33M | 18.9% | 62.5% |
| Gross Margin | 46.6% | 43.2% | 41.7% | 3.4pp | 4.9pp |
| Net Margin | 16.6% | 16.1% | 11.6% | 0.5pp | 5.0pp |
| EPS (Diluted) | $0.85 | $0.71 | $0.53 | 19.7% | 60.4% |
| Free Cash Flow | $76M | $76M | $28M | -0.2% | 171.2% |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $134M |
| GROSS PROFIT | $117M |
| R&D Expenses | $0 |
| Selling & Marketing | $53M |
| General & Administrative | $10M |
| SG&A Expenses | $63M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $197M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $5M |
| EBIT | $54M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $134M |
| GROSS PROFIT | $117M |
| R&D Expenses | $0 |
| Selling & Marketing | $53M |
| General & Administrative | $10M |
| SG&A Expenses | $63M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $197M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $5M |
| EBIT | $54M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$303.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$121.0K |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$19.0K |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $76M |
| Net Change in Cash | $66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $332M |
| Short-Term Investments | $7M |
| Net Receivables | $2M |
| Inventory | $119M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $482M |
| PP&E (Net) | $389M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $416M |
| TOTAL ASSETS | $898M |
| Account Payables | $58M |
| Short-Term Debt | $79M |
| Deferred Revenue | $55M |
| Other Current Liabilities | -$35M |
| TOTAL CURRENT LIABILITIES | $203M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $252M |
| TOTAL LIABILITIES | $455M |
| Common Stock | $494.0K |
| Additional Paid-In Capital | $156M |
| Retained Earnings | $286M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $442M |
| Minority Interest | $0 |
| TOTAL EQUITY | $442M |
| TOTAL LIABILITIES & EQUITY | $898M |
| Total Debt | $314M |
| Net Debt | -$18M |
