| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $163M | $176M | $186M | -7.5% | -12.6% |
| Op. Income | $44M | $46M | $65M | -4.2% | -32.0% |
| Gross Margin | 73.5% | 71.5% | 73.1% | 2.0pp | 0.4pp |
| Net Margin | 21.4% | 20.7% | 28.9% | 0.7pp | -7.5pp |
| EPS (Diluted) | $0.46 | $0.47 | $0.67 | -2.1% | -31.3% |
| Free Cash Flow | $49M | -$29M | $55M | 271.2% | -11.4% |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $38M |
| SG&A Expenses | $38M |
| Other Expenses | $37M |
| Operating Expenses | $75M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $44M |
| Interest Income | $150M |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $26M |
| EBIT | $44M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $38M |
| SG&A Expenses | $38M |
| Other Expenses | $37M |
| Operating Expenses | $75M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $44M |
| Interest Income | $150M |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $26M |
| EBIT | $44M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$33.0K |
| Purchases of Investments | -$524M |
| Sales/Maturities of Investments | $259M |
| Other Investing Activities | -$805M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | -$250M |
| Common Stock Repurchased | -$40.0K |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $1.0B |
| NET CASH FROM FINANCING | $744M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | -$277M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $2.1B |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $251M |
| Goodwill | $303M |
| Intangible Assets | $8M |
| Long-Term Investments | $13.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $721M |
| TOTAL NON-CURRENT ASSETS | $14.8B |
| TOTAL ASSETS | $18.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.1B |
| TOTAL CURRENT LIABILITIES | $13.4B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $16.2B |
| Common Stock | $136M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $18.2B |
| Total Debt | $2.8B |
| Net Debt | $1.6B |
