Quick glance at the numbers:
Pretty good - more or less as expected.

Highlights:

Diluted earnings per share:
Q3: $ 0,61
First 9 months of 2009: $ 2,01

Cash and cash equivalents at end of period:
$ 81,211,000.-

Total stockholders' equity:
95,434,000.-


"The Company ended the quarter with $81.2 million in unrestricted cash and cash equivalents. The Company generated $21.2 million in cash and cash equivalents from operating activities during the third quarter of 2009. Net cash provided by investing activities for the three months ended September 30, 2009 was $24.8 million, primarily resulting from the Company's sale of its ARS portfolio. Net cash used in financing activities for the three months ended September 30, 2009 totaled $59.0 million, comprised of $75 million used to repurchase a portion of the Notes and $8.2 million of scheduled principal payments on long-term debt obligations, partially offset by $24.2 million in net proceeds received from its term loan with C.I.T. Leasing."


A little unexpected:
"The Company sold its portfolio of ARS as part of a settlement with a financial institution. After repayment of a related credit facility, the Company netted an additional $27 million in cash proceeds from the sale. In addition, the Company received options to repurchase the ARS at any time during the next three years should the market for ARS become more liquid. The Company recorded a net gain of $4.2 million on the settlement. The Company has recorded the options as an asset at their fair value of $4.1 million at September 30, 2009."
ImO that's a realistic number, with the end result heavily depending on whether the economy will revive within the next 3 years or not. I would have thought management would be more conservative in valuing these options, though, prefering to record a higher gain when they get to use the options ...