| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $319M | $274M | — | 16.4% | — |
| Op. Income | $135M | $116M | — | 16.6% | — |
| Gross Margin | 87.4% | 93.7% | — | -6.4pp | — |
| Net Margin | 33.6% | 33.0% | — | 0.6pp | — |
| EPS (Diluted) | $0.73 | $0.60 | — | 21.1% | — |
| Free Cash Flow | $0 | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $319M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $278M |
| R&D Expenses | $0 |
| Selling & Marketing | $131M |
| General & Administrative | $13M |
| SG&A Expenses | $144M |
| Other Expenses | $0 |
| Operating Expenses | $144M |
| Cost & Expenses | $184M |
| OPERATING INCOME | $135M |
| Interest Income | $60M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $107M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $107M |
| D&A | $0 |
| EBIT | $135M |
| EBITDA | $135M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $319M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $278M |
| R&D Expenses | $0 |
| Selling & Marketing | $131M |
| General & Administrative | $13M |
| SG&A Expenses | $144M |
| Other Expenses | $0 |
| Operating Expenses | $144M |
| Cost & Expenses | $184M |
| OPERATING INCOME | $135M |
| Interest Income | $60M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $107M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $107M |
| D&A | $0 |
| EBIT | $135M |
| EBITDA | $135M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $107M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$110M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $269M |
| Short-Term Investments | $0 |
| Net Receivables | $802M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $554.4K |
| Long-Term Investments | $1.2B |
| Tax Assets | $24M |
| Other Non-Current Assets | $309M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $0 |
| Short-Term Debt | $224M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $359M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $3.1K |
| Additional Paid-In Capital | $735M |
| Retained Earnings | $240M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $985M |
| Minority Interest | $220.0K |
| TOTAL EQUITY | $985M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $224M |
| Net Debt | -$45M |
