| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $180M | $165M | — | 9.3% | — |
| Op. Income | $60M | $44M | — | 35.2% | — |
| Gross Margin | 89.4% | 83.6% | — | 5.8pp | — |
| Net Margin | 19.0% | 13.5% | — | 5.6pp | — |
| EPS (Diluted) | $1.21 | $0.82 | — | 47.6% | — |
| Free Cash Flow | $44M | -$8M | — | 638.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $180M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $101M |
| Other Expenses | $0 |
| Operating Expenses | $101M |
| Cost & Expenses | $120M |
| OPERATING INCOME | $60M |
| Interest Income | $361.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $4M |
| EBIT | $61M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $180M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $101M |
| Other Expenses | $0 |
| Operating Expenses | $101M |
| Cost & Expenses | $120M |
| OPERATING INCOME | $60M |
| Interest Income | $361.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $4M |
| EBIT | $61M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$72.0K |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$371.0K |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $111M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $92M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | $113M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $171M |
| Short-Term Investments | $327M |
| Net Receivables | $378M |
| Inventory | $112M |
| Other Current Assets | -$112M |
| TOTAL CURRENT ASSETS | $661M |
| PP&E (Net) | $63M |
| Goodwill | $221M |
| Intangible Assets | $79M |
| Long-Term Investments | $1.0B |
| Tax Assets | $36M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $68M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $193M |
| Long-Term Debt | $867M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $941M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $259M |
| Retained Earnings | $42M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $299M |
| Minority Interest | $552.0K |
| TOTAL EQUITY | $299M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $867M |
| Net Debt | $696M |
