| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $193M | $175M | $155M | 10.6% | 24.3% |
| Op. Income | $60M | $51M | $29M | 17.1% | 103.0% |
| Gross Margin | 58.4% | 56.1% | 55.8% | 2.3pp | 2.6pp |
| Net Margin | 30.1% | 29.2% | 21.7% | 0.8pp | 8.4pp |
| EPS (Diluted) | $1.20 | $1.06 | $0.70 | 13.2% | 71.4% |
| Free Cash Flow | $314.0K | $108M | -$58M | -99.7% | 100.5% |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $113M |
| R&D Expenses | $0 |
| Selling & Marketing | $37M |
| General & Administrative | $14M |
| SG&A Expenses | $51M |
| Other Expenses | $2M |
| Operating Expenses | $53M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $60M |
| Interest Income | $16M |
| Interest Expense | $3M |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $7M |
| EBIT | $76M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $113M |
| R&D Expenses | $0 |
| Selling & Marketing | $37M |
| General & Administrative | $14M |
| SG&A Expenses | $51M |
| Other Expenses | $2M |
| Operating Expenses | $53M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $60M |
| Interest Income | $16M |
| Interest Expense | $3M |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $7M |
| EBIT | $76M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $500.0K |
| Other Non-Cash Items | -$84.0K |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | $77.0K |
| Sales/Maturities of Investments | $60.0K |
| Other Investing Activities | $55M |
| NET CASH FROM INVESTING | $55M |
| Net Debt Issuance | $82.0K |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $328.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $314.0K |
| Net Change in Cash | $54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $120M |
| Short-Term Investments | $14M |
| Net Receivables | $92M |
| Inventory | $300.0K |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $238M |
| PP&E (Net) | $146M |
| Goodwill | $161M |
| Intangible Assets | $204M |
| Long-Term Investments | $992M |
| Tax Assets | $18M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $21M |
| Short-Term Debt | $48M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $124M |
| Long-Term Debt | $211M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $16.0K |
| TOTAL NON-CURRENT LIABILITIES | $255M |
| TOTAL LIABILITIES | $379M |
| Common Stock | $530.0K |
| Additional Paid-In Capital | $268M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$151M |
| Accum. Other Comp. Income | -$782.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $287M |
| Net Debt | $168M |
