| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $70M | $64M | 0.7% | 10.6% |
| Op. Income | $21M | $20M | $18M | 6.5% | 18.0% |
| Gross Margin | 81.4% | 80.8% | 81.9% | 0.6pp | -0.5pp |
| Net Margin | 24.9% | 23.4% | 23.3% | 1.5pp | 1.6pp |
| EPS (Diluted) | $0.60 | $0.56 | $0.51 | 7.1% | 17.6% |
| Free Cash Flow | $22M | $14M | $24M | 59.1% | -6.1% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $558.0K |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $13M |
| Operating Expenses | $36M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $21M |
| Interest Income | $54M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $1M |
| EBIT | $21M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $558.0K |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $13M |
| Operating Expenses | $36M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $21M |
| Interest Income | $54M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $1M |
| EBIT | $21M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $662.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$341.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$215.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $41M |
| Other Investing Activities | -$84M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | -$601.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $216M |
| NET CASH FROM FINANCING | $180M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $141M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $225M |
| Short-Term Investments | $262M |
| Net Receivables | $141M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $628M |
| PP&E (Net) | $92M |
| Goodwill | $173M |
| Intangible Assets | $11M |
| Long-Term Investments | $4.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $183M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $39M |
| Short-Term Debt | $19M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.3B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $255M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $293M |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $158M |
| Additional Paid-In Capital | $295M |
| Retained Earnings | $279M |
| Treasury Stock | -$45M |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $660M |
| Minority Interest | $0 |
| TOTAL EQUITY | $660M |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $312M |
| Net Debt | $87M |
