| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $64M | $59M | -1.2% | 7.5% |
| Op. Income | $27M | $27M | $25M | -2.0% | 5.2% |
| Gross Margin | 74.2% | 73.3% | 76.8% | 0.9pp | -2.6pp |
| Net Margin | 34.1% | 34.1% | 35.2% | -0.0pp | -1.1pp |
| EPS (Diluted) | $0.83 | $0.85 | $0.80 | -2.4% | 3.7% |
| Free Cash Flow | $25M | $20M | $28M | 27.0% | -10.7% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $7M |
| Operating Expenses | $20M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $27M |
| Interest Income | $55M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $2M |
| EBIT | $27M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $7M |
| Operating Expenses | $20M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $27M |
| Interest Income | $55M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $2M |
| EBIT | $27M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$293.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$32M |
| Sales/Maturities of Investments | $34M |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$115M |
| Common Stock Repurchased | -$215.0K |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $62M |
| NET CASH FROM FINANCING | -$61M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | -$60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $137M |
| Short-Term Investments | $613M |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $766M |
| PP&E (Net) | $60M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $4.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $138M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.3B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $37M |
| TOTAL NON-CURRENT LIABILITIES | $68M |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $114M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $461M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $584M |
| Minority Interest | $89.0K |
| TOTAL EQUITY | $584M |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $31M |
| Net Debt | -$106M |
