| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $307M | $305M | $297M | 0.4% | 3.4% |
| Op. Income | $254M | $260M | $234M | -2.1% | 8.5% |
| Gross Margin | 102.5% | 105.3% | 99.1% | -2.8pp | 3.4pp |
| Net Margin | 65.2% | 66.9% | 61.7% | -1.7pp | 3.5pp |
| EPS (Diluted) | $0.77 | $0.77 | $0.64 | 0.0% | 20.3% |
| Free Cash Flow | $182M | $169M | $169M | 8.0% | 8.0% |
| Item | Amount |
|---|---|
| REVENUE | $307M |
| Cost of Revenue | -$8M |
| GROSS PROFIT | $314M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $60M |
| Operating Expenses | $60M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $254M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $254M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $200M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $200M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $200M |
| D&A | $3M |
| EBIT | $263M |
| EBITDA | $267M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $307M |
| Cost of Revenue | -$8M |
| GROSS PROFIT | $314M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $60M |
| Operating Expenses | $60M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $254M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $254M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $200M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $200M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $200M |
| D&A | $3M |
| EBIT | $263M |
| EBITDA | $267M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $200M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$583.0K |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $183M |
| Capital Expenditure | -$381.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$377M |
| Sales/Maturities of Investments | -$600M |
| Other Investing Activities | $963M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$124M |
| Common Dividends Paid | -$34M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$157M |
| FREE CASH FLOW | $182M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $289M |
| Short-Term Investments | $6.0B |
| Net Receivables | $104M |
| Inventory | $0 |
| Other Current Assets | -$6.4B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $36M |
| Goodwill | $0 |
| Intangible Assets | $13M |
| Long-Term Investments | $6.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.0B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $6.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $644M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$644M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $371M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $5.1B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$204M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $644M |
| Net Debt | $356M |
