| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.3B | $1.5B | 10.6% | -1.6% |
| Op. Income | $419M | $344M | $447M | 21.8% | -6.2% |
| Gross Margin | 66.8% | 64.3% | 67.4% | 2.5pp | -0.6pp |
| Net Margin | 24.9% | 20.3% | 24.5% | 4.6pp | 0.4pp |
| EPS (Diluted) | $0.97 | $0.72 | $0.97 | 34.7% | 0.0% |
| Free Cash Flow | $536M | $369M | $494M | 45.4% | 8.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $484M |
| GROSS PROFIT | $973M |
| R&D Expenses | $261M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $154M |
| Other Expenses | $139M |
| Operating Expenses | $553M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $419M |
| Interest Income | $504.0K |
| Interest Expense | $46M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $373M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $363M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $363M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $363M |
| D&A | $201M |
| EBIT | $419M |
| EBITDA | $620M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $484M |
| GROSS PROFIT | $973M |
| R&D Expenses | $261M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $154M |
| Other Expenses | $139M |
| Operating Expenses | $553M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $419M |
| Interest Income | $504.0K |
| Interest Expense | $46M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $373M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $363M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $363M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $363M |
| D&A | $201M |
| EBIT | $419M |
| EBITDA | $620M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $363M |
| Depreciation & Amortization | $201M |
| Stock-Based Compensation | $40M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $557M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | -$13M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $70.0K |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$229M |
| Other Financing Activities | $27M |
| NET CASH FROM FINANCING | -$219M |
| FREE CASH FLOW | $536M |
| Net Change in Cash | $305M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $682M |
| Inventory | $613M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $1.1B |
| Goodwill | $12.3B |
| Intangible Assets | $3.8B |
| Long-Term Investments | $83M |
| Tax Assets | $1.5B |
| Other Non-Current Assets | $304M |
| TOTAL NON-CURRENT ASSETS | $19.1B |
| TOTAL ASSETS | $21.6B |
| Account Payables | $216M |
| Short-Term Debt | $449M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $5.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $8.1B |
| TOTAL LIABILITIES | $9.8B |
| Common Stock | $62M |
| Additional Paid-In Capital | $4.9B |
| Retained Earnings | $7.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$273M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.8B |
| TOTAL LIABILITIES & EQUITY | $21.6B |
| Total Debt | $5.6B |
| Net Debt | $4.5B |
