| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | $128M | $126M | -2.5% | -0.7% |
| Op. Income | $33M | $18M | $23M | 81.1% | 46.8% |
| Gross Margin | 62.4% | 52.9% | 57.6% | 9.5pp | 4.9pp |
| Net Margin | 21.4% | 13.4% | 14.5% | 8.0pp | 6.9pp |
| EPS (Diluted) | $0.10 | $0.06 | $0.06 | 66.7% | 66.7% |
| Free Cash Flow | $28M | $32M | $29M | -14.6% | -3.8% |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $28M |
| SG&A Expenses | $31M |
| Other Expenses | $13M |
| Operating Expenses | $45M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $33M |
| Interest Income | $110M |
| Interest Expense | $47M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| 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 | $26M |
| D&A | $8M |
| EBIT | $33M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $28M |
| SG&A Expenses | $31M |
| Other Expenses | $13M |
| Operating Expenses | $45M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $33M |
| Interest Income | $110M |
| Interest Expense | $47M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| 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 | $26M |
| D&A | $8M |
| EBIT | $33M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$47M |
| Sales/Maturities of Investments | $71M |
| Other Investing Activities | $161M |
| NET CASH FROM INVESTING | $184M |
| Net Debt Issuance | -$324M |
| Common Stock Repurchased | -$107.0K |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $142M |
| NET CASH FROM FINANCING | -$196M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $329M |
| Short-Term Investments | $514M |
| Net Receivables | $38M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $881M |
| PP&E (Net) | $43M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $13.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $477M |
| TOTAL NON-CURRENT ASSETS | $14.0B |
| TOTAL ASSETS | $14.8B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.2B |
| TOTAL CURRENT LIABILITIES | $9.3B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $91M |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $13.2B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $866M |
| Treasury Stock | -$768M |
| Accum. Other Comp. Income | -$146M |
| Other Equity | -$41M |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $14.8B |
| Total Debt | $3.8B |
| Net Debt | $3.5B |
