| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $100M | $97M | $105M | 3.7% | -4.2% |
| Op. Income | $24M | $29M | $33M | -18.0% | -28.3% |
| Gross Margin | 81.6% | 84.3% | 83.9% | -2.7pp | -2.3pp |
| Net Margin | 19.1% | 24.6% | 25.4% | -5.5pp | -6.3pp |
| EPS (Diluted) | $0.20 | $0.24 | $0.27 | -16.7% | -25.9% |
| Free Cash Flow | $18M | $16M | $42M | 12.6% | -55.6% |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $36M |
| SG&A Expenses | $37M |
| Other Expenses | $21M |
| Operating Expenses | $58M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $24M |
| Interest Income | $74M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $3M |
| EBIT | $24M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $36M |
| SG&A Expenses | $37M |
| Other Expenses | $21M |
| Operating Expenses | $58M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $24M |
| Interest Income | $74M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $3M |
| EBIT | $24M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$165M |
| Sales/Maturities of Investments | $182M |
| Other Investing Activities | -$29M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $14M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$78M |
| NET CASH FROM FINANCING | -$85M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $380M |
| Short-Term Investments | $908M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $128M |
| Goodwill | $303M |
| Intangible Assets | $14M |
| Long-Term Investments | $7.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $375M |
| TOTAL NON-CURRENT ASSETS | $8.0B |
| TOTAL ASSETS | $9.3B |
| Account Payables | $0 |
| Short-Term Debt | $122M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.7B |
| TOTAL CURRENT LIABILITIES | $7.8B |
| Long-Term Debt | $227M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $157M |
| TOTAL NON-CURRENT LIABILITIES | $390M |
| TOTAL LIABILITIES | $8.2B |
| Common Stock | $114M |
| Additional Paid-In Capital | $495M |
| Retained Earnings | $593M |
| Treasury Stock | -$148M |
| Accum. Other Comp. Income | $19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $9.3B |
| Total Debt | $356M |
| Net Debt | -$24M |
