| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $189M | $182M | $215M | 3.7% | -12.2% |
| Op. Income | $81M | $66M | $56M | 22.5% | 45.0% |
| Gross Margin | 54.2% | 50.1% | 47.5% | 4.0pp | 6.6pp |
| Net Margin | 29.5% | 24.6% | 12.1% | 5.0pp | 17.5pp |
| EPS (Diluted) | $0.76 | $0.61 | $0.35 | 24.6% | 117.1% |
| Free Cash Flow | $60M | $64M | $116M | -6.8% | -48.4% |
| Item | Amount |
|---|---|
| REVENUE | $189M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $8M |
| Operating Expenses | $22M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $81M |
| Interest Income | $1M |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $4M |
| EBIT | $80M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $189M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $8M |
| Operating Expenses | $22M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $81M |
| Interest Income | $1M |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $4M |
| EBIT | $80M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$43M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $163.0K |
| NET CASH FROM FINANCING | -$57M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $0 |
| Net Receivables | $79M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $141M |
| PP&E (Net) | $19M |
| Goodwill | $405M |
| Intangible Assets | $1.2B |
| Long-Term Investments | $20M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $56M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $177M |
| Long-Term Debt | $816M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $28M |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $918M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $737.0K |
| Additional Paid-In Capital | $641M |
| Retained Earnings | $111M |
| Treasury Stock | -$85M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $660M |
| Minority Interest | $0 |
| TOTAL EQUITY | $660M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $816M |
| Net Debt | $760M |
