| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $329M | $364M | $356M | -9.5% | -7.6% |
| Op. Income | $74M | $91M | $124M | -18.6% | -40.1% |
| Gross Margin | 46.4% | 49.5% | 54.8% | -3.1pp | -8.3pp |
| Net Margin | 17.4% | 19.9% | 28.2% | -2.5pp | -10.8pp |
| EPS (Diluted) | $1.07 | $1.34 | $1.84 | -20.1% | -41.8% |
| Free Cash Flow | $71M | $3M | $35M | 2646.7% | 103.0% |
| Item | Amount |
|---|---|
| REVENUE | $329M |
| Cost of Revenue | $176M |
| GROSS PROFIT | $153M |
| R&D Expenses | $32M |
| Selling & Marketing | $19M |
| General & Administrative | $27M |
| SG&A Expenses | $46M |
| Other Expenses | $808.0K |
| Operating Expenses | $79M |
| Cost & Expenses | $255M |
| OPERATING INCOME | $74M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $25M |
| EBIT | $75M |
| EBITDA | $100M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $329M |
| Cost of Revenue | $176M |
| GROSS PROFIT | $153M |
| R&D Expenses | $32M |
| Selling & Marketing | $19M |
| General & Administrative | $27M |
| SG&A Expenses | $46M |
| Other Expenses | $808.0K |
| Operating Expenses | $79M |
| Cost & Expenses | $255M |
| OPERATING INCOME | $74M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $25M |
| EBIT | $75M |
| EBITDA | $100M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $92M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $60.0K |
| Purchases of Investments | -$218M |
| Sales/Maturities of Investments | $234M |
| Other Investing Activities | $34.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$920.0K |
| Common Stock Repurchased | -$24M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $580M |
| Short-Term Investments | $499M |
| Net Receivables | $253M |
| Inventory | $417M |
| Other Current Assets | $66M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $596M |
| Goodwill | $110M |
| Intangible Assets | $86M |
| Long-Term Investments | $622.0K |
| Tax Assets | $23M |
| Other Non-Current Assets | $50M |
| TOTAL NON-CURRENT ASSETS | $865M |
| TOTAL ASSETS | $2.7B |
| Account Payables | $30M |
| Short-Term Debt | $4M |
| Deferred Revenue | $49M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $206M |
| Long-Term Debt | $39M |
| Deferred Revenue NC | -$106M |
| Deferred Tax Liabilities | $106M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $145M |
| TOTAL LIABILITIES | $350M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $772M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$251M |
| Accum. Other Comp. Income | -$174M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $549.0K |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $43M |
| Net Debt | -$538M |
