| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $208M | $194M | $169M | 7.0% | 23.1% |
| Op. Income | $97M | $78M | $64M | 24.1% | 51.2% |
| Gross Margin | 94.6% | 87.6% | 93.5% | 7.0pp | 1.1pp |
| Net Margin | 37.4% | 32.7% | 30.5% | 4.7pp | 6.8pp |
| EPS (Diluted) | $0.81 | $0.66 | $0.57 | 22.7% | 42.1% |
| Free Cash Flow | -$27M | $107M | $26M | -124.8% | -201.1% |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $197M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $65M |
| SG&A Expenses | $68M |
| Other Expenses | $33M |
| Operating Expenses | $100M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $97M |
| Interest Income | $157M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $8M |
| EBIT | $97M |
| EBITDA | $104M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $197M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $65M |
| SG&A Expenses | $68M |
| Other Expenses | $33M |
| Operating Expenses | $100M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $97M |
| Interest Income | $157M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $8M |
| EBIT | $97M |
| EBITDA | $104M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $78M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $835.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$75M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$798M |
| Sales/Maturities of Investments | $214M |
| Other Investing Activities | -$112M |
| NET CASH FROM INVESTING | -$699M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$28M |
| Other Financing Activities | $1.0B |
| NET CASH FROM FINANCING | $945M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | $222M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $769M |
| Short-Term Investments | $4.1B |
| Net Receivables | $91M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.0B |
| PP&E (Net) | $327M |
| Goodwill | $514M |
| Intangible Assets | $58M |
| Long-Term Investments | $11.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $235M |
| TOTAL NON-CURRENT ASSETS | $12.9B |
| TOTAL ASSETS | $17.9B |
| Account Payables | $4M |
| Short-Term Debt | $966M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.3B |
| TOTAL CURRENT LIABILITIES | $15.3B |
| Long-Term Debt | $180M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $204M |
| TOTAL NON-CURRENT LIABILITIES | $401M |
| TOTAL LIABILITIES | $15.7B |
| Common Stock | $954.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $629M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $131M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $17.9B |
| Total Debt | $1.1B |
| Net Debt | $377M |
