| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $208M | $197M | $173M | 5.4% | 20.2% |
| Op. Income | $92M | $82M | $64M | 12.7% | 44.7% |
| Gross Margin | 70.1% | 69.5% | 67.9% | 0.6pp | 2.2pp |
| Net Margin | 34.4% | 32.9% | 31.8% | 1.5pp | 2.6pp |
| EPS (Diluted) | $1.90 | $1.72 | $1.46 | 10.5% | 30.1% |
| Free Cash Flow | $83M | $101M | $63M | -17.6% | 31.4% |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $54M |
| Operating Expenses | $54M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $92M |
| Interest Income | $7M |
| Interest Expense | $346.0K |
| Other Income/Expenses | $671.0K |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $21M |
| EBIT | $93M |
| EBITDA | $114M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $54M |
| Operating Expenses | $54M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $92M |
| Interest Income | $7M |
| Interest Expense | $346.0K |
| Other Income/Expenses | $671.0K |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $21M |
| EBIT | $93M |
| EBITDA | $114M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $71M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $638.0K |
| Other Non-Cash Items | -$92M |
| Change in Working Capital | $86M |
| OPERATING CASH FLOW | $95M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $8M |
| Sales/Maturities of Investments | -$17M |
| Other Investing Activities | -$56M |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$28M |
| Other Financing Activities | $280.0K |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $83M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $446M |
| Short-Term Investments | $72M |
| Net Receivables | $471M |
| Inventory | $0 |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $169M |
| Goodwill | $237M |
| Intangible Assets | $104M |
| Long-Term Investments | $95M |
| Tax Assets | $0 |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $690M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $33M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $319M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $128M |
| TOTAL LIABILITIES | $447M |
| Common Stock | $123.0K |
| Additional Paid-In Capital | $344M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$317M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $75M |
| Net Debt | -$371M |
