| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $182M | $190M | $208M | -3.9% | -12.5% |
| Op. Income | $59M | $58M | $94M | 2.0% | -37.1% |
| Gross Margin | 74.1% | 66.0% | 76.5% | 8.1pp | -2.5pp |
| Net Margin | 31.2% | 28.6% | 35.0% | 2.5pp | -3.8pp |
| EPS (Diluted) | $0.71 | $0.68 | $0.91 | 4.4% | -22.0% |
| Free Cash Flow | $60M | $75M | $148M | -20.0% | -59.5% |
| Item | Amount |
|---|---|
| REVENUE | $182M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $39M |
| SG&A Expenses | $40M |
| Other Expenses | $36M |
| Operating Expenses | $76M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $59M |
| Interest Income | $172M |
| Interest Expense | $35M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $4M |
| EBIT | $59M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $182M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $39M |
| SG&A Expenses | $40M |
| Other Expenses | $36M |
| Operating Expenses | $76M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $59M |
| Interest Income | $172M |
| Interest Expense | $35M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $4M |
| EBIT | $59M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $33M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$116M |
| Sales/Maturities of Investments | $116M |
| Other Investing Activities | $80M |
| NET CASH FROM INVESTING | $78M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$247M |
| NET CASH FROM FINANCING | -$279M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | -$140M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $129M |
| Short-Term Investments | $2.4B |
| Net Receivables | $57M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $136M |
| Goodwill | $372M |
| Intangible Assets | $6M |
| Long-Term Investments | $16.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$123M |
| TOTAL NON-CURRENT ASSETS | $16.4B |
| TOTAL ASSETS | $19.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.0B |
| TOTAL CURRENT LIABILITIES | $16.0B |
| Long-Term Debt | $373M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $201M |
| TOTAL NON-CURRENT LIABILITIES | $609M |
| TOTAL LIABILITIES | $16.6B |
| Common Stock | $904.0K |
| Additional Paid-In Capital | $956M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$331M |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $19.0B |
| Total Debt | $408M |
| Net Debt | $279M |
