| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $734M | $352M | $607M | 108.4% | 20.9% |
| Op. Income | $177M | -$73M | $127M | 342.6% | 39.3% |
| Gross Margin | 72.7% | 63.7% | 72.0% | 9.1pp | 0.7pp |
| Net Margin | 19.0% | -11.5% | 16.9% | 30.5pp | 2.1pp |
| EPS (Diluted) | $1.76 | $-0.52 | $1.28 | 438.5% | 37.5% |
| Free Cash Flow | $190M | $25M | $208M | 644.9% | -8.7% |
| Item | Amount |
|---|---|
| REVENUE | $734M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $534M |
| R&D Expenses | $45M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $312M |
| Other Expenses | $0 |
| Operating Expenses | $357M |
| Cost & Expenses | $557M |
| OPERATING INCOME | $177M |
| Interest Income | $329.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $185M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $139M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $139M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $139M |
| D&A | $24M |
| EBIT | $177M |
| EBITDA | $202M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $734M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $534M |
| R&D Expenses | $45M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $312M |
| Other Expenses | $0 |
| Operating Expenses | $357M |
| Cost & Expenses | $557M |
| OPERATING INCOME | $177M |
| Interest Income | $329.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $185M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $139M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $139M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $139M |
| D&A | $24M |
| EBIT | $177M |
| EBITDA | $202M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $139M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $211M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | $190M |
| Net Change in Cash | $211M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $616M |
| Short-Term Investments | $0 |
| Net Receivables | $696M |
| Inventory | $123M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $787M |
| Goodwill | $427M |
| Intangible Assets | $129M |
| Long-Term Investments | $2M |
| Tax Assets | $1.6B |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $119M |
| Short-Term Debt | $0 |
| Deferred Revenue | $684M |
| Other Current Liabilities | $156M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $194M |
| TOTAL NON-CURRENT LIABILITIES | $260M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $952M |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $86M |
| Net Debt | -$529M |
