| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $387M | $393M | $370M | -1.7% | 4.4% |
| Op. Income | $141M | $129M | $107M | 9.5% | 31.8% |
| Gross Margin | 77.9% | 72.8% | 68.3% | 5.2pp | 9.6pp |
| Net Margin | 26.5% | 24.3% | 22.1% | 2.2pp | 4.4pp |
| EPS (Diluted) | $0.25 | $0.23 | $0.24 | 8.7% | 4.2% |
| Free Cash Flow | -$10M | $106M | $60M | -109.0% | -115.9% |
| Item | Amount |
|---|---|
| REVENUE | $387M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $301M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $88M |
| SG&A Expenses | $88M |
| Other Expenses | $72M |
| Operating Expenses | $160M |
| Cost & Expenses | $245M |
| OPERATING INCOME | $141M |
| Interest Income | $337M |
| Interest Expense | $54M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $21M |
| EBIT | $141M |
| EBITDA | $162M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $387M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $301M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $88M |
| SG&A Expenses | $88M |
| Other Expenses | $72M |
| Operating Expenses | $160M |
| Cost & Expenses | $245M |
| OPERATING INCOME | $141M |
| Interest Income | $337M |
| Interest Expense | $54M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $21M |
| EBIT | $141M |
| EBITDA | $162M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $102M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$48M |
| Change in Working Capital | -$89M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$281M |
| Sales/Maturities of Investments | $420M |
| Other Investing Activities | -$115M |
| NET CASH FROM INVESTING | $24M |
| Net Debt Issuance | -$707M |
| Common Stock Repurchased | -$48.0K |
| Common Dividends Paid | -$44M |
| Other Financing Activities | -$149M |
| NET CASH FROM FINANCING | -$903M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$889M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $931M |
| Short-Term Investments | $134M |
| Net Receivables | $136M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $589M |
| Goodwill | $1.4B |
| Intangible Assets | $74M |
| Long-Term Investments | $35.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $39.5B |
| TOTAL ASSETS | $40.7B |
| Account Payables | $0 |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $31.2B |
| TOTAL CURRENT LIABILITIES | $33.3B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $36.2B |
| Common Stock | $142M |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $554M |
| Treasury Stock | -$10.0K |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $40.7B |
| Total Debt | $4.6B |
| Net Debt | $3.7B |
