| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $327M | $276M | $306M | 18.2% | 6.7% |
| Op. Income | $39M | $25M | $35M | 57.6% | 12.0% |
| Gross Margin | 31.0% | 28.7% | 30.9% | 2.3pp | 0.2pp |
| Net Margin | 9.4% | 7.4% | 8.5% | 2.1pp | 0.9pp |
| EPS (Diluted) | $1.63 | $1.08 | $1.39 | 50.9% | 17.3% |
| Free Cash Flow | $35M | $3M | $26M | 1097.0% | 33.4% |
| Item | Amount |
|---|---|
| REVENUE | $327M |
| Cost of Revenue | $225M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $51M |
| General & Administrative | $11M |
| SG&A Expenses | $62M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $288M |
| OPERATING INCOME | $39M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $12M |
| EBIT | $41M |
| EBITDA | $53M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $327M |
| Cost of Revenue | $225M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $51M |
| General & Administrative | $11M |
| SG&A Expenses | $62M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $288M |
| OPERATING INCOME | $39M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $12M |
| EBIT | $41M |
| EBITDA | $53M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $75.0K |
| Other Non-Cash Items | $208.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$570.0K |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$5.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $134.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $156M |
| Short-Term Investments | $41M |
| Net Receivables | $147M |
| Inventory | $119M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $467M |
| PP&E (Net) | $251M |
| Goodwill | $103M |
| Intangible Assets | $56M |
| Long-Term Investments | $117M |
| Tax Assets | $53M |
| Other Non-Current Assets | -$50M |
| TOTAL NON-CURRENT ASSETS | $529M |
| TOTAL ASSETS | $996M |
| Account Payables | $80M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $131M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $53M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $55M |
| TOTAL LIABILITIES | $186M |
| Common Stock | $38M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $784M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $810M |
| Minority Interest | $0 |
| TOTAL EQUITY | $810M |
| TOTAL LIABILITIES & EQUITY | $996M |
| Total Debt | $1M |
| Net Debt | -$155M |
