| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $286M | $271M | $275M | 5.4% | 3.8% |
| Op. Income | $50M | $41M | $40M | 20.1% | 24.0% |
| Gross Margin | 48.3% | 46.4% | 45.4% | 1.9pp | 2.9pp |
| Net Margin | 13.7% | 19.9% | 14.7% | -6.1pp | -0.9pp |
| EPS (Diluted) | $0.94 | $1.30 | $1.00 | -27.7% | -6.0% |
| Free Cash Flow | $165M | $32M | $124M | 424.8% | 33.4% |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $148M |
| GROSS PROFIT | $138M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $0 |
| Operating Expenses | $88M |
| Cost & Expenses | $236M |
| OPERATING INCOME | $50M |
| Interest Income | $280.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $280.0K |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $20M |
| EBIT | $50M |
| EBITDA | $70M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $148M |
| GROSS PROFIT | $138M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $0 |
| Operating Expenses | $88M |
| Cost & Expenses | $236M |
| OPERATING INCOME | $50M |
| Interest Income | $280.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $280.0K |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $20M |
| EBIT | $50M |
| EBITDA | $70M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $89M |
| OPERATING CASH FLOW | $170M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$32M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | $165M |
| Net Change in Cash | $167M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $519M |
| Short-Term Investments | $56M |
| Net Receivables | $383M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $991M |
| PP&E (Net) | $186M |
| Goodwill | $840M |
| Intangible Assets | $342M |
| Long-Term Investments | $75M |
| Tax Assets | $0 |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $437M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $535M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $118.0K |
| Deferred Tax Liabilities | $46M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $59M |
| TOTAL LIABILITIES | $594M |
| Common Stock | $481.0K |
| Additional Paid-In Capital | $873M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$33M |
| Accum. Other Comp. Income | -$46.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $19M |
| Net Debt | -$500M |
