| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $244M | $240M | $251M | 1.6% | -2.9% |
| Op. Income | $29M | $20M | $33M | 46.4% | -13.4% |
| Gross Margin | 46.3% | 42.5% | 47.5% | 3.8pp | -1.2pp |
| Net Margin | 5.6% | 4.3% | 8.6% | 1.2pp | -3.0pp |
| EPS (Diluted) | $0.42 | $0.32 | $0.66 | 31.2% | -36.4% |
| Free Cash Flow | $55M | $48M | $69M | 15.0% | -20.0% |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $113M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $7M |
| Operating Expenses | $84M |
| Cost & Expenses | $215M |
| OPERATING INCOME | $29M |
| Interest Income | $254.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $17M |
| EBIT | $27M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $113M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $7M |
| Operating Expenses | $84M |
| Cost & Expenses | $215M |
| OPERATING INCOME | $29M |
| Interest Income | $254.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $17M |
| EBIT | $27M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $584.0K |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $65M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $174M |
| Short-Term Investments | $38M |
| Net Receivables | $265M |
| Inventory | $0 |
| Other Current Assets | $160M |
| TOTAL CURRENT ASSETS | $637M |
| PP&E (Net) | $199M |
| Goodwill | $267M |
| Intangible Assets | $124M |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $635M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $37M |
| Short-Term Debt | $13M |
| Deferred Revenue | $87M |
| Other Current Liabilities | $194M |
| TOTAL CURRENT LIABILITIES | $357M |
| Long-Term Debt | $340M |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $505M |
| TOTAL LIABILITIES | $862M |
| Common Stock | $701.0K |
| Additional Paid-In Capital | $463M |
| Retained Earnings | $871M |
| Treasury Stock | -$880M |
| Accum. Other Comp. Income | -$44M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $410M |
| Minority Interest | $0 |
| TOTAL EQUITY | $410M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $477M |
| Net Debt | $302M |
