| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $386M | $380M | $356M | 1.5% | 8.4% |
| Op. Income | $56M | $53M | $47M | 4.1% | 19.4% |
| Gross Margin | 65.7% | 65.6% | 65.3% | 0.0pp | 0.3pp |
| Net Margin | 11.7% | 11.1% | 11.0% | 0.6pp | 0.6pp |
| EPS (Diluted) | $0.69 | $0.65 | $0.62 | 6.2% | 11.3% |
| Free Cash Flow | $67M | $3M | $72M | 2575.2% | -6.1% |
| Item | Amount |
|---|---|
| REVENUE | $386M |
| Cost of Revenue | $133M |
| GROSS PROFIT | $254M |
| R&D Expenses | $49M |
| Selling & Marketing | $96M |
| General & Administrative | $42M |
| SG&A Expenses | $139M |
| Other Expenses | $11M |
| Operating Expenses | $198M |
| Cost & Expenses | $331M |
| OPERATING INCOME | $56M |
| Interest Income | $252.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $252.0K |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $44M |
| EBIT | $56M |
| EBITDA | $100M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $386M |
| Cost of Revenue | $133M |
| GROSS PROFIT | $254M |
| R&D Expenses | $49M |
| Selling & Marketing | $96M |
| General & Administrative | $42M |
| SG&A Expenses | $139M |
| Other Expenses | $11M |
| Operating Expenses | $198M |
| Cost & Expenses | $331M |
| OPERATING INCOME | $56M |
| Interest Income | $252.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $252.0K |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $44M |
| EBIT | $56M |
| EBITDA | $100M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$184.0K |
| Purchases of Investments | -$188M |
| Sales/Maturities of Investments | $113M |
| Other Investing Activities | -$83M |
| NET CASH FROM INVESTING | -$90M |
| Net Debt Issuance | -$191.0K |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $67M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $221M |
| Short-Term Investments | $226M |
| Net Receivables | $260M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $842M |
| PP&E (Net) | $253M |
| Goodwill | $1.4B |
| Intangible Assets | $438M |
| Long-Term Investments | $481M |
| Tax Assets | $15M |
| Other Non-Current Assets | $117M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $242M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $698M |
| Long-Term Debt | $463M |
| Deferred Revenue NC | $26M |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $633M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $2.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $593M |
| Net Debt | $372M |
