| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $370M | $355M | $326M | 4.2% | 13.6% |
| Op. Income | $107M | $104M | $88M | 3.1% | 22.4% |
| Gross Margin | 68.3% | 69.2% | 73.4% | -0.8pp | -5.1pp |
| Net Margin | 22.1% | 21.5% | 21.3% | 0.6pp | 0.8pp |
| EPS (Diluted) | $0.24 | $0.22 | $0.20 | 9.1% | 20.0% |
| Free Cash Flow | $60M | -$44M | $411M | 236.9% | -85.4% |
| Item | Amount |
|---|---|
| REVENUE | $370M |
| Cost of Revenue | $117M |
| GROSS PROFIT | $253M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $82M |
| SG&A Expenses | $82M |
| Other Expenses | $64M |
| Operating Expenses | $146M |
| Cost & Expenses | $263M |
| OPERATING INCOME | $107M |
| Interest Income | $329M |
| Interest Expense | $109M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $18M |
| EBIT | $107M |
| EBITDA | $125M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $370M |
| Cost of Revenue | $117M |
| GROSS PROFIT | $253M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $82M |
| SG&A Expenses | $82M |
| Other Expenses | $64M |
| Operating Expenses | $146M |
| Cost & Expenses | $263M |
| OPERATING INCOME | $107M |
| Interest Income | $329M |
| Interest Expense | $109M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $18M |
| EBIT | $107M |
| EBITDA | $125M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$76M |
| Sales/Maturities of Investments | $207M |
| Other Investing Activities | -$764M |
| NET CASH FROM INVESTING | -$634M |
| Net Debt Issuance | -$112M |
| Common Stock Repurchased | $86.0K |
| Common Dividends Paid | -$36M |
| Other Financing Activities | $772M |
| NET CASH FROM FINANCING | $617M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $498M |
| Short-Term Investments | $62M |
| Net Receivables | $97M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $657M |
| PP&E (Net) | $597M |
| Goodwill | $1.1B |
| Intangible Assets | $68M |
| Long-Term Investments | $30.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $33.1B |
| TOTAL ASSETS | $33.8B |
| Account Payables | $0 |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25.5B |
| TOTAL CURRENT LIABILITIES | $27.6B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $30.2B |
| Common Stock | $117M |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | $454M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $33.8B |
| Total Debt | $4.4B |
| Net Debt | $3.9B |
