| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $247M | $352M | $302M | -29.8% | -18.3% |
| Op. Income | $36M | $106M | $64M | -66.2% | -44.7% |
| Gross Margin | 87.9% | 89.5% | 86.9% | -1.6pp | 1.0pp |
| Net Margin | 27.3% | 25.2% | 13.1% | 2.1pp | 14.2pp |
| EPS (Diluted) | $0.66 | $0.86 | $0.38 | -23.3% | 73.7% |
| Free Cash Flow | $120M | $45M | $68M | 167.1% | 77.8% |
| Item | Amount |
|---|---|
| REVENUE | $247M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $217M |
| R&D Expenses | $60M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $122M |
| Other Expenses | $0 |
| Operating Expenses | $181M |
| Cost & Expenses | $211M |
| OPERATING INCOME | $36M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | -$27M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $67M |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $24M |
| EBIT | $40M |
| EBITDA | $64M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $247M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $217M |
| R&D Expenses | $60M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $122M |
| Other Expenses | $0 |
| Operating Expenses | $181M |
| Cost & Expenses | $211M |
| OPERATING INCOME | $36M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | -$27M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $67M |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $24M |
| EBIT | $40M |
| EBITDA | $64M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $67M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $25M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $134M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$99M |
| Sales/Maturities of Investments | $140M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $27M |
| Common Stock Repurchased | -$28M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $120M |
| Net Change in Cash | $129M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $863M |
| Short-Term Investments | $189M |
| Net Receivables | $376M |
| Inventory | $29M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $625M |
| Goodwill | $336M |
| Intangible Assets | $160M |
| Long-Term Investments | $76M |
| Tax Assets | $104M |
| Other Non-Current Assets | $100M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $10M |
| Short-Term Debt | $16M |
| Deferred Revenue | $18M |
| Other Current Liabilities | $130M |
| TOTAL CURRENT LIABILITIES | $258M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $24M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $120M |
| TOTAL NON-CURRENT LIABILITIES | $209M |
| TOTAL LIABILITIES | $467M |
| Common Stock | $99.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.4B |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $6M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $82M |
| Net Debt | -$782M |
