| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $411M | — | $237M | — | 73.5% |
| Op. Income | $66M | — | $34M | — | 94.0% |
| Gross Margin | 33.9% | — | 33.0% | — | 1.0pp |
| Net Margin | 10.1% | — | 19.3% | — | -9.2pp |
| EPS (Diluted) | $0.81 | — | $0.95 | — | -14.7% |
| Free Cash Flow | $51M | — | $26M | — | 99.7% |
| Item | Amount |
|---|---|
| REVENUE | $411M |
| Cost of Revenue | $271M |
| GROSS PROFIT | $139M |
| R&D Expenses | $31M |
| Selling & Marketing | $22M |
| General & Administrative | $12M |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $73M |
| Cost & Expenses | $345M |
| OPERATING INCOME | $66M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $7M |
| EBIT | $66M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $411M |
| Cost of Revenue | $271M |
| GROSS PROFIT | $139M |
| R&D Expenses | $31M |
| Selling & Marketing | $22M |
| General & Administrative | $12M |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $73M |
| Cost & Expenses | $345M |
| OPERATING INCOME | $66M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $7M |
| EBIT | $66M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $26.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $561.0K |
| NET CASH FROM FINANCING | -$922.0K |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $247M |
| Short-Term Investments | $91M |
| Net Receivables | $292M |
| Inventory | $134M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $835M |
| PP&E (Net) | $184M |
| Goodwill | $33M |
| Intangible Assets | $168M |
| Long-Term Investments | $93M |
| Tax Assets | $17M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $503M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $132M |
| Short-Term Debt | $17M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $63M |
| TOTAL CURRENT LIABILITIES | $335M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $82M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $141M |
| TOTAL NON-CURRENT LIABILITIES | $265M |
| TOTAL LIABILITIES | $600M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $450M |
| Retained Earnings | $285M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $732M |
| Minority Interest | $5M |
| TOTAL EQUITY | $737M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $60M |
| Net Debt | -$187M |
