| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | $82M | $75M | 2.2% | 11.5% |
| Op. Income | $57M | $55M | $51M | 4.3% | 12.7% |
| Gross Margin | 71.7% | 72.1% | 71.2% | -0.4pp | 0.5pp |
| Net Margin | 26.9% | 32.8% | 30.6% | -5.9pp | -3.7pp |
| EPS (Diluted) | $0.60 | $0.73 | $0.64 | -17.8% | -6.3% |
| Free Cash Flow | $61M | $46M | $58M | 35.0% | 6.7% |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $110.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $22M |
| EBIT | $31M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $110.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $22M |
| EBIT | $31M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $802.0K |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$109M |
| Sales/Maturities of Investments | $11.0K |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$123M |
| Net Debt Issuance | -$23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $583.0K |
| NET CASH FROM FINANCING | $51M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | -$196.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $130.0K |
| Short-Term Investments | $0 |
| Net Receivables | $47M |
| Inventory | $16M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $77M |
| PP&E (Net) | $2M |
| Goodwill | $990.0K |
| Intangible Assets | $16M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.3B |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $0 |
| Short-Term Debt | $139M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $272M |
| Long-Term Debt | $974M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$337M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $378.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $2M |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
