| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $314M | $274M | $261M | 14.6% | 20.1% |
| Op. Income | $50M | $51M | $65M | -2.4% | -24.2% |
| Gross Margin | 59.1% | 60.8% | 61.7% | -1.7pp | -2.6pp |
| Net Margin | 15.6% | 15.4% | 21.8% | 0.3pp | -6.1pp |
| EPS (Diluted) | $1.14 | $0.98 | $1.32 | 16.3% | -13.6% |
| Free Cash Flow | $86M | $69M | $60M | 24.2% | 42.2% |
| Item | Amount |
|---|---|
| REVENUE | $314M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $185M |
| R&D Expenses | $0 |
| Selling & Marketing | $44M |
| General & Administrative | $57M |
| SG&A Expenses | $101M |
| Other Expenses | $35M |
| Operating Expenses | $136M |
| Cost & Expenses | $264M |
| OPERATING INCOME | $50M |
| Interest Income | $500.0K |
| Interest Expense | $5M |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $35M |
| EBIT | $69M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $314M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $185M |
| R&D Expenses | $0 |
| Selling & Marketing | $44M |
| General & Administrative | $57M |
| SG&A Expenses | $101M |
| Other Expenses | $35M |
| Operating Expenses | $136M |
| Cost & Expenses | $264M |
| OPERATING INCOME | $50M |
| Interest Income | $500.0K |
| Interest Expense | $5M |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $35M |
| EBIT | $69M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $106M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$674M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | -$678M |
| Net Debt Issuance | $532M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $200.0K |
| NET CASH FROM FINANCING | $518M |
| FREE CASH FLOW | $86M |
| Net Change in Cash | -$62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $322M |
| Short-Term Investments | $31M |
| Net Receivables | $168M |
| Inventory | $0 |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $561M |
| PP&E (Net) | $290M |
| Goodwill | $1.0B |
| Intangible Assets | $336M |
| Long-Term Investments | $60M |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $0 |
| Short-Term Debt | $11M |
| Deferred Revenue | $240M |
| Other Current Liabilities | $147M |
| TOTAL CURRENT LIABILITIES | $432M |
| Long-Term Debt | $535M |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $85M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $809M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $647M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$729M |
| Accum. Other Comp. Income | -$91M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $711M |
| Net Debt | $390M |
