| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $361M | $363M | $396M | -0.4% | -8.9% |
| Op. Income | $100M | $109M | $119M | -7.8% | -15.4% |
| Gross Margin | 61.4% | 63.2% | 73.0% | -1.8pp | -11.7pp |
| Net Margin | 21.1% | 22.5% | 24.5% | -1.4pp | -3.5pp |
| EPS (Diluted) | $0.77 | $0.81 | $0.90 | -4.9% | -14.4% |
| Free Cash Flow | $173M | $135M | $93M | 28.8% | 86.6% |
| Item | Amount |
|---|---|
| REVENUE | $361M |
| Cost of Revenue | $140M |
| GROSS PROFIT | $222M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $61M |
| SG&A Expenses | $61M |
| Other Expenses | $60M |
| Operating Expenses | $121M |
| Cost & Expenses | $261M |
| OPERATING INCOME | $100M |
| Interest Income | $323M |
| Interest Expense | $138M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | -$7.0K |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $18M |
| EBIT | $100M |
| EBITDA | $118M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $361M |
| Cost of Revenue | $140M |
| GROSS PROFIT | $222M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $61M |
| SG&A Expenses | $61M |
| Other Expenses | $60M |
| Operating Expenses | $121M |
| Cost & Expenses | $261M |
| OPERATING INCOME | $100M |
| Interest Income | $323M |
| Interest Expense | $138M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | -$7.0K |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $18M |
| EBIT | $100M |
| EBITDA | $118M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $78M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $174M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | -$174M |
| NET CASH FROM INVESTING | -$94M |
| Net Debt Issuance | -$400M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $135M |
| NET CASH FROM FINANCING | -$293M |
| FREE CASH FLOW | $173M |
| Net Change in Cash | -$213M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $230M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $230M |
| PP&E (Net) | $697M |
| Goodwill | $78M |
| Intangible Assets | $0 |
| Long-Term Investments | $31.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $909M |
| TOTAL NON-CURRENT ASSETS | $32.7B |
| TOTAL ASSETS | $33.0B |
| Account Payables | $0 |
| Short-Term Debt | $175M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24.0B |
| TOTAL CURRENT LIABILITIES | $24.1B |
| Long-Term Debt | $5.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $575M |
| TOTAL NON-CURRENT LIABILITIES | $5.9B |
| TOTAL LIABILITIES | $30.0B |
| Common Stock | $951.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $33.0B |
| Total Debt | $5.5B |
| Net Debt | $5.3B |
