| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $123M | $119M | $95M | 2.7% | 29.6% |
| Op. Income | $33M | $31M | $36M | 6.8% | -8.5% |
| Gross Margin | 82.4% | 82.8% | 86.5% | -0.4pp | -4.2pp |
| Net Margin | 20.2% | 20.2% | 28.4% | 0.1pp | -8.1pp |
| EPS (Diluted) | $0.45 | $0.43 | $0.55 | 4.7% | -18.2% |
| Free Cash Flow | $10M | -$4M | $34M | 370.8% | -69.8% |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $29M |
| Operating Expenses | $68M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $33M |
| Interest Income | $92M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $6M |
| EBIT | $33M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $29M |
| Operating Expenses | $68M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $33M |
| Interest Income | $92M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $6M |
| EBIT | $33M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$29M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | -$70M |
| Sales/Maturities of Investments | $221M |
| Other Investing Activities | -$134M |
| NET CASH FROM INVESTING | $170.0K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $109M |
| NET CASH FROM FINANCING | $90M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $105M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $525M |
| Short-Term Investments | $1.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $164M |
| Goodwill | $323M |
| Intangible Assets | $59M |
| Long-Term Investments | $6.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $275M |
| TOTAL NON-CURRENT ASSETS | $7.5B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $0 |
| Short-Term Debt | $232M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.9B |
| TOTAL CURRENT LIABILITIES | $8.2B |
| Long-Term Debt | $255M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $110M |
| TOTAL NON-CURRENT LIABILITIES | $375M |
| TOTAL LIABILITIES | $8.5B |
| Common Stock | $56.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$32M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | $17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $498M |
| Net Debt | -$28M |
