| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $175M | $190M | $193M | -7.8% | -9.5% |
| Op. Income | $47M | $49M | $67M | -2.7% | -29.1% |
| Gross Margin | 78.0% | 72.1% | 85.8% | 5.9pp | -7.8pp |
| Net Margin | 21.7% | 20.5% | 27.0% | 1.1pp | -5.3pp |
| EPS (Diluted) | $0.95 | $0.98 | $1.29 | -3.1% | -26.4% |
| Free Cash Flow | $46M | $33M | $39M | 38.6% | 19.7% |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $136M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $53M |
| SG&A Expenses | $55M |
| Other Expenses | $34M |
| Operating Expenses | $89M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $47M |
| Interest Income | $134M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $8M |
| EBIT | $47M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $136M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $53M |
| SG&A Expenses | $55M |
| Other Expenses | $34M |
| Operating Expenses | $89M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $47M |
| Interest Income | $134M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $8M |
| EBIT | $47M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $49M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $680M |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | -$386M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$116.0K |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $316M |
| NET CASH FROM FINANCING | $289M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | -$45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $264M |
| Short-Term Investments | $3.2B |
| Net Receivables | $188M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $295M |
| Goodwill | $32M |
| Intangible Assets | $22M |
| Long-Term Investments | $14.9B |
| Tax Assets | $10M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $16.4B |
| TOTAL ASSETS | $20.1B |
| Account Payables | $7M |
| Short-Term Debt | $652M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17.7B |
| TOTAL CURRENT LIABILITIES | $18.4B |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $186M |
| TOTAL NON-CURRENT LIABILITIES | $350M |
| TOTAL LIABILITIES | $18.7B |
| Common Stock | $580.0K |
| Additional Paid-In Capital | $589M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $20.1B |
| Total Debt | $816M |
| Net Debt | $552M |
