| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $93M | $86M | 0.4% | 8.4% |
| Op. Income | $32M | $31M | $34M | 1.6% | -6.2% |
| Gross Margin | 74.7% | 77.3% | 82.7% | -2.6pp | -8.0pp |
| Net Margin | 29.0% | 28.2% | 36.0% | 0.8pp | -7.0pp |
| EPS (Diluted) | $0.79 | $0.76 | $0.88 | 3.9% | -10.2% |
| Free Cash Flow | $32M | $28M | $19M | 17.3% | 71.4% |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $19M |
| SG&A Expenses | $20M |
| Other Expenses | $17M |
| Operating Expenses | $38M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $32M |
| Interest Income | $79M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $2M |
| EBIT | $32M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $19M |
| SG&A Expenses | $20M |
| Other Expenses | $17M |
| Operating Expenses | $38M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $32M |
| Interest Income | $79M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $2M |
| EBIT | $32M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $840.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | -$170M |
| NET CASH FROM INVESTING | -$171M |
| Net Debt Issuance | $74M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $126M |
| NET CASH FROM FINANCING | $188M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $174M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $174M |
| PP&E (Net) | $79M |
| Goodwill | $287M |
| Intangible Assets | $2M |
| Long-Term Investments | $6.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $218M |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $7.6B |
| Account Payables | $0 |
| Short-Term Debt | $384M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.0B |
| TOTAL CURRENT LIABILITIES | $6.4B |
| Long-Term Debt | $115M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $108M |
| TOTAL NON-CURRENT LIABILITIES | $223M |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $90M |
| Additional Paid-In Capital | $212M |
| Retained Earnings | $748M |
| Treasury Stock | -$61M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $982M |
| Minority Interest | $0 |
| TOTAL EQUITY | $982M |
| TOTAL LIABILITIES & EQUITY | $7.6B |
| Total Debt | $499M |
| Net Debt | $325M |
