| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | $1.0B | 0.5% | 2.2% |
| Op. Income | $142M | $150M | $106M | -5.2% | 34.9% |
| Gross Margin | 35.1% | 35.4% | 35.1% | -0.3pp | 0.0pp |
| Net Margin | 12.8% | 12.2% | 9.1% | 0.6pp | 3.7pp |
| EPS (Diluted) | $0.96 | $0.90 | $0.64 | 6.7% | 50.0% |
| Free Cash Flow | $129M | $148M | $128M | -13.1% | 0.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $665M |
| GROSS PROFIT | $360M |
| R&D Expenses | $68M |
| Selling & Marketing | $0 |
| General & Administrative | $125M |
| SG&A Expenses | $125M |
| Other Expenses | $24M |
| Operating Expenses | $218M |
| Cost & Expenses | $882M |
| OPERATING INCOME | $142M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $3.0K |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $53M |
| EBIT | $142M |
| EBITDA | $196M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $665M |
| GROSS PROFIT | $360M |
| R&D Expenses | $68M |
| Selling & Marketing | $0 |
| General & Administrative | $125M |
| SG&A Expenses | $125M |
| Other Expenses | $24M |
| Operating Expenses | $218M |
| Cost & Expenses | $882M |
| OPERATING INCOME | $142M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $3.0K |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $53M |
| EBIT | $142M |
| EBITDA | $196M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $131M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $25.0K |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $164M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | -$451.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $864.0K |
| Other Investing Activities | $718.0K |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$89M |
| Common Dividends Paid | -$39M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$121M |
| FREE CASH FLOW | $129M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $408M |
| Short-Term Investments | $50M |
| Net Receivables | $953M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $493M |
| Goodwill | $2.5B |
| Intangible Assets | $196M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $447M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $172M |
| Short-Term Debt | $0 |
| Deferred Revenue | $116M |
| Other Current Liabilities | $576M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $202M |
| Other Non-Current Liabilities | $322M |
| TOTAL NON-CURRENT LIABILITIES | $524M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $4.9B |
| Treasury Stock | -$5.1B |
| Accum. Other Comp. Income | $197.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $42M |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $0 |
| Net Debt | -$408M |
