| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $171M | — | $203M | — | -15.6% |
| Op. Income | $66M | — | $69M | — | -5.1% |
| Gross Margin | 92.4% | — | 87.9% | — | 4.5pp |
| Net Margin | 29.9% | — | 26.6% | — | 3.3pp |
| EPS (Diluted) | $1.01 | — | $1.02 | — | -1.0% |
| Free Cash Flow | -$32M | — | -$23M | — | -41.9% |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $158M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $53M |
| SG&A Expenses | $55M |
| Other Expenses | $38M |
| Operating Expenses | $92M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $66M |
| Interest Income | $123M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $9M |
| EBIT | $66M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $158M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $53M |
| SG&A Expenses | $55M |
| Other Expenses | $38M |
| Operating Expenses | $92M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $66M |
| Interest Income | $123M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $9M |
| EBIT | $66M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $660.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$72M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | -$32M |
| Capital Expenditure | -$650.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$415M |
| Sales/Maturities of Investments | $282M |
| Other Investing Activities | $51M |
| NET CASH FROM INVESTING | -$83M |
| Net Debt Issuance | -$90M |
| Common Stock Repurchased | -$79.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $327M |
| NET CASH FROM FINANCING | $232M |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | $117M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $2.3B |
| Net Receivables | $270M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $97M |
| Goodwill | $473M |
| Intangible Assets | $87M |
| Long-Term Investments | $9.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $344M |
| TOTAL NON-CURRENT ASSETS | $10.2B |
| TOTAL ASSETS | $13.8B |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.4B |
| TOTAL CURRENT LIABILITIES | $11.4B |
| Long-Term Debt | $204M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $365M |
| TOTAL NON-CURRENT LIABILITIES | $569M |
| TOTAL LIABILITIES | $12.0B |
| Common Stock | $576.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $924M |
| Treasury Stock | -$179M |
| Accum. Other Comp. Income | $67M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | -$2M |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $13.8B |
| Total Debt | $204M |
| Net Debt | -$869M |
