| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $164M | $185M | $132M | -11.2% | 24.6% |
| Op. Income | $88M | $104M | $65M | -15.7% | 34.6% |
| Gross Margin | 79.8% | 82.4% | 81.0% | -2.6pp | -1.2pp |
| Net Margin | 41.3% | 45.4% | 41.0% | -4.1pp | 0.3pp |
| EPS (Diluted) | $1.78 | $2.20 | $1.42 | -19.1% | 25.4% |
| Free Cash Flow | -$60M | $94M | $59M | -164.3% | -202.8% |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $131M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $43M |
| Operating Expenses | $43M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $88M |
| Interest Income | $344.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $158.0K |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $11M |
| EBIT | $89M |
| EBITDA | $100M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $131M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $43M |
| Operating Expenses | $43M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $88M |
| Interest Income | $344.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $158.0K |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $11M |
| EBIT | $89M |
| EBITDA | $100M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$136M |
| OPERATING CASH FLOW | -$48M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $6.0K |
| Purchases of Investments | $8M |
| Sales/Maturities of Investments | $102M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | $90M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$33M |
| FREE CASH FLOW | -$60M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $310M |
| Short-Term Investments | $21M |
| Net Receivables | $463M |
| Inventory | $0 |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $844M |
| PP&E (Net) | $159M |
| Goodwill | $147M |
| Intangible Assets | $59M |
| Long-Term Investments | $10M |
| Tax Assets | $52.0K |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $401M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | -$51M |
| TOTAL CURRENT LIABILITIES | $203M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $145M |
| TOTAL LIABILITIES | $348M |
| Common Stock | $122.0K |
| Additional Paid-In Capital | $328M |
| Retained Earnings | $749M |
| Treasury Stock | -$169M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $898M |
| Minority Interest | $0 |
| TOTAL EQUITY | $898M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $94M |
| Net Debt | -$217M |
