| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $2.1B | 7.2% | -26.7% |
| Op. Income | $40M | $140M | $177M | -71.4% | -77.4% |
| Gross Margin | -1.2% | 18.2% | 14.4% | -19.4pp | -15.6pp |
| Net Margin | 10.5% | 12.2% | 6.9% | -1.7pp | 3.6pp |
| EPS (Diluted) | $1.86 | $1.97 | $1.62 | -5.6% | 14.8% |
| Free Cash Flow | $609M | $555M | $814M | 9.7% | -25.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | -$19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$59M |
| Operating Expenses | -$59M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | -$48M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $76M |
| Other Adjustments | $0 |
| NET INCOME | $164M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $164M |
| D&A | $169M |
| EBIT | $64M |
| EBITDA | $233M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $164M |
| Depreciation & Amortization | $169M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $106M |
| Change in Working Capital | $165M |
| OPERATING CASH FLOW | $609M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.2B |
| Sales/Maturities of Investments | $2.7B |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | $524M |
| Net Debt Issuance | $196M |
| Common Stock Repurchased | -$96M |
| Common Dividends Paid | -$38M |
| Other Financing Activities | -$149M |
| NET CASH FROM FINANCING | -$84M |
| FREE CASH FLOW | $609M |
| Net Change in Cash | $1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.7B |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.1B |
| PP&E (Net) | $154M |
| Goodwill | $207M |
| Intangible Assets | $34M |
| Long-Term Investments | $54.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.0B |
| TOTAL NON-CURRENT ASSETS | $63.3B |
| TOTAL ASSETS | $68.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $2.2B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $57.5B |
| TOTAL NON-CURRENT LIABILITIES | $59.9B |
| TOTAL LIABILITIES | $62.1B |
| Common Stock | $87M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $3.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.3B |
| TOTAL LIABILITIES & EQUITY | $68.4B |
| Total Debt | $2.5B |
| Net Debt | -$1.3B |
