| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $326M | $318M | $330M | 2.4% | -1.1% |
| Op. Income | $45M | $37M | $31M | 20.6% | 47.8% |
| Gross Margin | 30.3% | 32.8% | 29.0% | -2.4pp | 1.3pp |
| Net Margin | 11.2% | 9.6% | 7.7% | 1.6pp | 3.5pp |
| EPS (Diluted) | $0.88 | $0.73 | $0.60 | 20.5% | 46.7% |
| Free Cash Flow | $102M | $78M | $109M | 30.7% | -6.5% |
| Item | Amount |
|---|---|
| REVENUE | $326M |
| Cost of Revenue | $227M |
| GROSS PROFIT | $99M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $54M |
| Operating Expenses | $54M |
| Cost & Expenses | $281M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $6M |
| EBIT | $49M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $326M |
| Cost of Revenue | $227M |
| GROSS PROFIT | $99M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $54M |
| Operating Expenses | $54M |
| Cost & Expenses | $281M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $6M |
| EBIT | $49M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$345.0K |
| Change in Working Capital | $58M |
| OPERATING CASH FLOW | $102M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$21M |
| Purchases of Investments | -$365M |
| Sales/Maturities of Investments | $212M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$174M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $56M |
| NET CASH FROM FINANCING | $55M |
| FREE CASH FLOW | $102M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $65M |
| Short-Term Investments | $6.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | -$6.7B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $49M |
| Intangible Assets | $166M |
| Long-Term Investments | $7.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7.4B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $13.0B |
| Account Payables | $0 |
| Short-Term Debt | $135M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$135M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $302M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$302M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $11.3B |
| Common Stock | $66.0K |
| Additional Paid-In Capital | $487M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$488M |
| Accum. Other Comp. Income | $317M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $13.0B |
| Total Debt | $437M |
| Net Debt | $372M |
