| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $132M | $125M | $103M | 4.9% | 27.7% |
| Op. Income | $65M | $60M | $48M | 8.2% | 36.5% |
| Gross Margin | 81.0% | 81.4% | 80.6% | -0.4pp | 0.4pp |
| Net Margin | 41.0% | 38.3% | 37.4% | 2.7pp | 3.6pp |
| EPS (Diluted) | $1.42 | $1.27 | $1.02 | 11.8% | 39.2% |
| Free Cash Flow | $59M | $60M | $58M | -2.6% | 1.7% |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $107M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $41M |
| Operating Expenses | $41M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $65M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $8M |
| EBIT | $67M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $107M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $41M |
| Operating Expenses | $41M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $65M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $8M |
| EBIT | $67M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $321M |
| Short-Term Investments | $0 |
| Net Receivables | $73M |
| Inventory | -$89M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $412M |
| PP&E (Net) | $142M |
| Goodwill | $60M |
| Intangible Assets | $3M |
| Long-Term Investments | $236M |
| Tax Assets | $3M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $443M |
| TOTAL ASSETS | $855M |
| Account Payables | $16M |
| Short-Term Debt | $92M |
| Deferred Revenue | $4M |
| Other Current Liabilities | -$51M |
| TOTAL CURRENT LIABILITIES | $68M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$4M |
| TOTAL NON-CURRENT LIABILITIES | $92M |
| TOTAL LIABILITIES | $160M |
| Common Stock | $122.0K |
| Additional Paid-In Capital | $344M |
| Retained Earnings | $560M |
| Treasury Stock | -$196M |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $695M |
| Minority Interest | $0 |
| TOTAL EQUITY | $695M |
| TOTAL LIABILITIES & EQUITY | $855M |
| Total Debt | $92M |
| Net Debt | -$228M |
