| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $251M | $246M | $213M | 2.3% | 18.0% |
| Op. Income | $33M | $30M | $26M | 10.2% | 30.3% |
| Gross Margin | 47.5% | 46.2% | 48.8% | 1.3pp | -1.3pp |
| Net Margin | 8.6% | 7.9% | 7.6% | 0.7pp | 1.0pp |
| EPS (Diluted) | $0.66 | $0.60 | $0.49 | 10.0% | 34.7% |
| Free Cash Flow | $69M | $6M | $30M | 1048.2% | 133.0% |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $132M |
| GROSS PROFIT | $119M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $108.0K |
| Operating Expenses | $85M |
| Cost & Expenses | $217M |
| OPERATING INCOME | $33M |
| Interest Income | $392.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $15M |
| EBIT | $34M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $132M |
| GROSS PROFIT | $119M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $108.0K |
| Operating Expenses | $85M |
| Cost & Expenses | $217M |
| OPERATING INCOME | $33M |
| Interest Income | $392.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $15M |
| EBIT | $34M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $594.0K |
| Change in Working Capital | $35M |
| OPERATING CASH FLOW | $79M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$13M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $69M |
| Net Change in Cash | $47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $161M |
| Short-Term Investments | $11M |
| Net Receivables | $284M |
| Inventory | $0 |
| Other Current Assets | $151M |
| TOTAL CURRENT ASSETS | $607M |
| PP&E (Net) | $177M |
| Goodwill | $253M |
| Intangible Assets | $89M |
| Long-Term Investments | $43M |
| Tax Assets | $10M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $600M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $40M |
| Short-Term Debt | $9M |
| Deferred Revenue | $85M |
| Other Current Liabilities | $169M |
| TOTAL CURRENT LIABILITIES | $357M |
| Long-Term Debt | $425M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | -$60M |
| TOTAL NON-CURRENT LIABILITIES | $468M |
| TOTAL LIABILITIES | $825M |
| Common Stock | $696.0K |
| Additional Paid-In Capital | $452M |
| Retained Earnings | $833M |
| Treasury Stock | -$863M |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $382M |
| Minority Interest | $0 |
| TOTAL EQUITY | $382M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $457M |
| Net Debt | $296M |
