| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $425M | $401M | $416M | 6.1% | 2.1% |
| Op. Income | $111M | $100M | $121M | 11.0% | -7.7% |
| Gross Margin | 56.0% | 55.8% | 56.1% | 0.2pp | -0.1pp |
| Net Margin | 26.1% | 25.2% | 31.8% | 0.9pp | -5.6pp |
| EPS (Diluted) | $0.75 | $0.68 | $0.86 | 10.3% | -12.8% |
| Free Cash Flow | $118M | $145M | $144M | -19.1% | -18.3% |
| Item | Amount |
|---|---|
| REVENUE | $425M |
| Cost of Revenue | $187M |
| GROSS PROFIT | $238M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $64M |
| SG&A Expenses | $64M |
| Other Expenses | $62M |
| Operating Expenses | $127M |
| Cost & Expenses | $314M |
| OPERATING INCOME | $111M |
| Interest Income | $1M |
| Interest Expense | $153.0K |
| Other Income/Expenses | $30M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $21M |
| EBIT | $141M |
| EBITDA | $163M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $425M |
| Cost of Revenue | $187M |
| GROSS PROFIT | $238M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $64M |
| SG&A Expenses | $64M |
| Other Expenses | $62M |
| Operating Expenses | $127M |
| Cost & Expenses | $314M |
| OPERATING INCOME | $111M |
| Interest Income | $1M |
| Interest Expense | $153.0K |
| Other Income/Expenses | $30M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $21M |
| EBIT | $141M |
| EBITDA | $163M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $132M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$54M |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$108M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$102M |
| FREE CASH FLOW | $118M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $768M |
| Short-Term Investments | $36M |
| Net Receivables | $430M |
| Inventory | $0 |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $219M |
| Goodwill | $64M |
| Intangible Assets | $303M |
| Long-Term Investments | $155M |
| Tax Assets | $2M |
| Other Non-Current Assets | $66M |
| TOTAL NON-CURRENT ASSETS | $811M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $90M |
| TOTAL CURRENT LIABILITIES | $251M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $48M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $106M |
| TOTAL LIABILITIES | $356M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $581M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $43M |
| Net Debt | -$724M |
