| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $251M | $169M | $183M | 48.5% | 37.0% |
| Op. Income | $97M | -$6M | $43M | 1673.3% | 124.3% |
| Gross Margin | 76.2% | 70.2% | 74.0% | 6.0pp | 2.2pp |
| Net Margin | 34.9% | -0.7% | 22.7% | 35.5pp | 12.1pp |
| EPS (Diluted) | $0.49 | $-0.01 | $0.24 | 7524.2% | 104.2% |
| Free Cash Flow | $78M | $10M | $61M | 678.4% | 28.0% |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $191M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $64M |
| Other Expenses | $251.0K |
| Operating Expenses | $95M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $97M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $6M |
| EBIT | $97M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $191M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $64M |
| Other Expenses | $251.0K |
| Operating Expenses | $95M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $97M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $6M |
| EBIT | $97M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $88M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$284M |
| Sales/Maturities of Investments | $179M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$107M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $34M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $298M |
| Short-Term Investments | $95M |
| Net Receivables | $143M |
| Inventory | $54M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $628M |
| PP&E (Net) | $106M |
| Goodwill | $243M |
| Intangible Assets | $16M |
| Long-Term Investments | $619M |
| Tax Assets | $440M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $34M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $139M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $338M |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $415M |
| TOTAL LIABILITIES | $555M |
| Common Stock | $349.0K |
| Additional Paid-In Capital | $763M |
| Retained Earnings | $781M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$38M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $28M |
| Net Debt | -$270M |
