| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $174M | $163M | $150M | 6.3% | 15.5% |
| Op. Income | $33M | $32M | $18M | 4.4% | 87.8% |
| Gross Margin | 57.7% | 57.4% | 54.5% | 0.3pp | 3.1pp |
| Net Margin | 7.0% | 15.4% | 8.9% | -8.4pp | -1.9pp |
| EPS (Diluted) | $0.18 | $0.37 | $0.20 | -51.4% | -10.0% |
| Free Cash Flow | $49M | $44M | $19M | 10.0% | 157.5% |
| Item | Amount |
|---|---|
| REVENUE | $174M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $100M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $67M |
| Cost & Expenses | $140M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $13M |
| EBIT | $33M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $174M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $100M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $67M |
| Cost & Expenses | $140M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $13M |
| EBIT | $33M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $56.0K |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $102.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$47M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | $902.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $312M |
| Short-Term Investments | $0 |
| Net Receivables | $84M |
| Inventory | $61M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $486M |
| PP&E (Net) | $119M |
| Goodwill | $355M |
| Intangible Assets | $40M |
| Long-Term Investments | $30M |
| Tax Assets | $27M |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $598M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $41M |
| Short-Term Debt | $18M |
| Deferred Revenue | $965.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $197M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $271M |
| TOTAL LIABILITIES | $391M |
| Common Stock | $785.0K |
| Additional Paid-In Capital | $445M |
| Retained Earnings | $562M |
| Treasury Stock | -$313M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $693M |
| Minority Interest | $0 |
| TOTAL EQUITY | $693M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $216M |
| Net Debt | -$97M |
