| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $162M | $154M | $142M | 5.1% | 14.0% |
| Op. Income | $35M | $28M | $36M | 26.9% | -3.0% |
| Gross Margin | 53.0% | 52.4% | 55.5% | 0.6pp | -2.5pp |
| Net Margin | 16.7% | 13.6% | 20.0% | 3.1pp | -3.3pp |
| EPS (Diluted) | $0.42 | $0.32 | $0.43 | 31.2% | -2.3% |
| Free Cash Flow | $32M | $35M | $34M | -7.7% | -5.5% |
| Item | Amount |
|---|---|
| REVENUE | $162M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $86M |
| R&D Expenses | $23M |
| Selling & Marketing | $12M |
| General & Administrative | $16M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $810.0K |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $2M |
| EBIT | $35M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $162M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $86M |
| R&D Expenses | $23M |
| Selling & Marketing | $12M |
| General & Administrative | $16M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $810.0K |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $2M |
| EBIT | $35M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$36M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $114M |
| Short-Term Investments | $0 |
| Net Receivables | $108M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $242M |
| PP&E (Net) | $58M |
| Goodwill | $62M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $139M |
| TOTAL ASSETS | $380M |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $97M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $182M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $46M |
| TOTAL LIABILITIES | $229M |
| Common Stock | $639.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $170M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $152M |
| Minority Interest | $0 |
| TOTAL EQUITY | $152M |
| TOTAL LIABILITIES & EQUITY | $380M |
| Total Debt | $34M |
| Net Debt | -$80M |
