| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $317M | $319M | $296M | -0.7% | 6.9% |
| Op. Income | $208M | $239M | $209M | -13.2% | -0.9% |
| Gross Margin | 90.3% | 100.1% | 96.3% | -9.8pp | -6.0pp |
| Net Margin | 55.6% | 63.9% | 60.1% | -8.2pp | -4.4pp |
| EPS (Diluted) | $1.65 | $1.91 | $1.66 | -13.6% | -0.6% |
| Free Cash Flow | $229M | $188M | $194M | 21.9% | 17.9% |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $286M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $34M |
| SG&A Expenses | $34M |
| Other Expenses | $45M |
| Operating Expenses | $78M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $208M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $208M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $176M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $176M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $176M |
| D&A | $1M |
| EBIT | $219M |
| EBITDA | $221M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $286M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $34M |
| SG&A Expenses | $34M |
| Other Expenses | $45M |
| Operating Expenses | $78M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $208M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $208M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $176M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $176M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $176M |
| D&A | $1M |
| EBIT | $219M |
| EBITDA | $221M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $176M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $229M |
| Capital Expenditure | -$503.0K |
| Acquisitions (Net) | $11M |
| Purchases of Investments | -$424M |
| Sales/Maturities of Investments | $210M |
| Other Investing Activities | -$141M |
| NET CASH FROM INVESTING | -$344M |
| Net Debt Issuance | $66M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$29M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | $229M |
| Net Change in Cash | -$88M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $109M |
| Short-Term Investments | $6.0B |
| Net Receivables | $54M |
| Inventory | $0 |
| Other Current Assets | -$6.6B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $41M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.1B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $7.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$172M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $494M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $411M |
| Other Non-Current Liabilities | -$904M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $4.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$190M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.6B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $494M |
| Net Debt | $384M |
