| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $230M | $205M | $216M | 12.4% | 6.5% |
| Op. Income | $46M | $30M | $30M | 54.1% | 54.8% |
| Gross Margin | 32.2% | 27.6% | 29.7% | 4.6pp | 2.5pp |
| Net Margin | 18.0% | 11.8% | 11.1% | 6.2pp | 6.9pp |
| EPS (Diluted) | $1.09 | $0.64 | $0.63 | 70.3% | 73.0% |
| Free Cash Flow | $51M | $35M | $58M | 46.2% | -12.1% |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $156M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $5M |
| Operating Expenses | $28M |
| Cost & Expenses | $184M |
| OPERATING INCOME | $46M |
| Interest Income | $0 |
| Interest Expense | $16.0K |
| Other Income/Expenses | $568.0K |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $5M |
| EBIT | $46M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $156M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $5M |
| Operating Expenses | $28M |
| Cost & Expenses | $184M |
| OPERATING INCOME | $46M |
| Interest Income | $0 |
| Interest Expense | $16.0K |
| Other Income/Expenses | $568.0K |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $5M |
| EBIT | $46M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $26.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $219M |
| Short-Term Investments | $0 |
| Net Receivables | $134M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $395M |
| PP&E (Net) | $181M |
| Goodwill | $662M |
| Intangible Assets | $48M |
| Long-Term Investments | $0 |
| Tax Assets | $477.0K |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $901M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $203M |
| Other Current Liabilities | $59M |
| TOTAL CURRENT LIABILITIES | $358M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $146M |
| TOTAL LIABILITIES | $505M |
| Common Stock | $357.0K |
| Additional Paid-In Capital | $688M |
| Retained Earnings | $112M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $792M |
| Minority Interest | $0 |
| TOTAL EQUITY | $792M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $111M |
| Net Debt | -$109M |
