| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $410M | $393M | $386M | 4.2% | 6.1% |
| Op. Income | $62M | $56M | $56M | 10.4% | 11.2% |
| Gross Margin | 65.8% | 65.5% | 65.7% | 0.3pp | 0.2pp |
| Net Margin | 12.4% | 11.4% | 11.7% | 1.0pp | 0.7pp |
| EPS (Diluted) | $0.76 | $0.68 | $0.69 | 11.8% | 10.1% |
| Free Cash Flow | $85M | $42M | $67M | 103.7% | 26.8% |
| Item | Amount |
|---|---|
| REVENUE | $410M |
| Cost of Revenue | $140M |
| GROSS PROFIT | $270M |
| R&D Expenses | $55M |
| Selling & Marketing | $97M |
| General & Administrative | $46M |
| SG&A Expenses | $143M |
| Other Expenses | $9M |
| Operating Expenses | $208M |
| Cost & Expenses | $348M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $45M |
| EBIT | $62M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $410M |
| Cost of Revenue | $140M |
| GROSS PROFIT | $270M |
| R&D Expenses | $55M |
| Selling & Marketing | $97M |
| General & Administrative | $46M |
| SG&A Expenses | $143M |
| Other Expenses | $9M |
| Operating Expenses | $208M |
| Cost & Expenses | $348M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $45M |
| EBIT | $62M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $99M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$96M |
| Purchases of Investments | -$152M |
| Sales/Maturities of Investments | $118M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$144M |
| Net Debt Issuance | $451M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $828.0K |
| NET CASH FROM FINANCING | $452M |
| FREE CASH FLOW | $85M |
| Net Change in Cash | $409M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $753M |
| Short-Term Investments | $789M |
| Net Receivables | $294M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $242M |
| Goodwill | $1.5B |
| Intangible Assets | $396M |
| Long-Term Investments | $0 |
| Tax Assets | $26M |
| Other Non-Current Assets | $145M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $34M |
| Short-Term Debt | $258M |
| Deferred Revenue | $260M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $940M |
| Long-Term Debt | $634M |
| Deferred Revenue NC | $36M |
| Deferred Tax Liabilities | $44M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $828M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $25M |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $1.0B |
| Net Debt | $258M |
