| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $106M | $105M | $99M | 1.4% | 8.0% |
| Op. Income | $52M | $51M | $48M | 2.5% | 9.3% |
| Gross Margin | 92.1% | 91.8% | 93.8% | 0.3pp | -1.7pp |
| Net Margin | 40.5% | 40.1% | 40.6% | 0.4pp | -0.2pp |
| EPS (Diluted) | $0.32 | $0.31 | $0.30 | 3.2% | 6.7% |
| Free Cash Flow | $34M | $35M | $66M | -0.9% | -47.8% |
| Item | Amount |
|---|---|
| REVENUE | $106M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $907.0K |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $16M |
| Operating Expenses | $46M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $52M |
| Interest Income | $81M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $3M |
| EBIT | $52M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $106M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $907.0K |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $16M |
| Operating Expenses | $46M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $52M |
| Interest Income | $81M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $3M |
| EBIT | $52M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$486.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.2B |
| Sales/Maturities of Investments | $2.1B |
| Other Investing Activities | -$58M |
| NET CASH FROM INVESTING | -$163M |
| Net Debt Issuance | $38M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $31M |
| NET CASH FROM FINANCING | $50M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | -$77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $230M |
| Short-Term Investments | $3.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $132M |
| Goodwill | $0 |
| Intangible Assets | $174M |
| Long-Term Investments | $4.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $91M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $8.1B |
| Account Payables | $0 |
| Short-Term Debt | $365M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.4B |
| TOTAL CURRENT LIABILITIES | $6.8B |
| Long-Term Debt | $35M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $111M |
| TOTAL NON-CURRENT LIABILITIES | $146M |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $449M |
| Retained Earnings | $683M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $72M |
| Other Equity | $8M |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $8.1B |
| Total Debt | $400M |
| Net Debt | $170M |
