| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $357M | $328M | $314M | 8.9% | 13.8% |
| Op. Income | $44M | $61M | $50M | -27.7% | -10.7% |
| Gross Margin | 61.2% | 60.0% | 59.1% | 1.2pp | 2.1pp |
| Net Margin | 21.3% | 14.7% | 15.6% | 6.6pp | 5.7pp |
| EPS (Diluted) | $1.76 | $1.12 | $1.14 | 57.1% | 54.4% |
| Free Cash Flow | $71M | $111M | $86M | -36.0% | -17.3% |
| Item | Amount |
|---|---|
| REVENUE | $357M |
| Cost of Revenue | $139M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $53M |
| General & Administrative | $86M |
| SG&A Expenses | $138M |
| Other Expenses | $36M |
| Operating Expenses | $174M |
| Cost & Expenses | $313M |
| OPERATING INCOME | $44M |
| Interest Income | $500.0K |
| Interest Expense | $2M |
| Other Income/Expenses | $49M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $36M |
| EBIT | $94M |
| EBITDA | $130M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $357M |
| Cost of Revenue | $139M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $53M |
| General & Administrative | $86M |
| SG&A Expenses | $138M |
| Other Expenses | $36M |
| Operating Expenses | $174M |
| Cost & Expenses | $313M |
| OPERATING INCOME | $44M |
| Interest Income | $500.0K |
| Interest Expense | $2M |
| Other Income/Expenses | $49M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $36M |
| EBIT | $94M |
| EBITDA | $130M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $93M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | -$57M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$68M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$700.0K |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $351M |
| Short-Term Investments | $27M |
| Net Receivables | $194M |
| Inventory | $0 |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $623M |
| PP&E (Net) | $303M |
| Goodwill | $1.2B |
| Intangible Assets | $383M |
| Long-Term Investments | $37M |
| Tax Assets | $11M |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $0 |
| Short-Term Debt | $11M |
| Deferred Revenue | $293M |
| Other Current Liabilities | $217M |
| TOTAL CURRENT LIABILITIES | $560M |
| Long-Term Debt | $474M |
| Deferred Revenue NC | $33M |
| Deferred Tax Liabilities | $109M |
| Other Non-Current Liabilities | $69M |
| TOTAL NON-CURRENT LIABILITIES | $826M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $668M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$766M |
| Accum. Other Comp. Income | -$65M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $665M |
| Net Debt | $314M |
