| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $759M | $699M | $701M | 8.6% | 8.3% |
| Op. Income | $99M | $70M | $90M | 40.5% | 9.7% |
| Gross Margin | 36.8% | 36.8% | 36.7% | -0.0pp | 0.2pp |
| Net Margin | 8.4% | 6.0% | 8.1% | 2.4pp | 0.3pp |
| EPS (Diluted) | $0.95 | $0.63 | $0.85 | 50.8% | 11.8% |
| Free Cash Flow | $103M | $82M | $93M | 26.5% | 10.9% |
| Item | Amount |
|---|---|
| REVENUE | $759M |
| Cost of Revenue | $480M |
| GROSS PROFIT | $279M |
| R&D Expenses | $122M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $122M |
| Other Expenses | -$63M |
| Operating Expenses | $180M |
| Cost & Expenses | $660M |
| OPERATING INCOME | $99M |
| Interest Income | $249.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $55M |
| EBIT | $98M |
| EBITDA | $153M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $759M |
| Cost of Revenue | $480M |
| GROSS PROFIT | $279M |
| R&D Expenses | $122M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $122M |
| Other Expenses | -$63M |
| Operating Expenses | $180M |
| Cost & Expenses | $660M |
| OPERATING INCOME | $99M |
| Interest Income | $249.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $55M |
| EBIT | $98M |
| EBITDA | $153M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $154M |
| Capital Expenditure | -$50M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | -$115M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | -$118M |
| FREE CASH FLOW | $103M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $227M |
| Short-Term Investments | $0 |
| Net Receivables | $593M |
| Inventory | $375M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $1.2B |
| Goodwill | $878M |
| Intangible Assets | $348M |
| Long-Term Investments | $47M |
| Tax Assets | $0 |
| Other Non-Current Assets | $50M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $0 |
| Short-Term Debt | $161M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $626M |
| TOTAL CURRENT LIABILITIES | $787M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $40M |
| Other Non-Current Liabilities | $180M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $693.0K |
| Additional Paid-In Capital | $827M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$365M |
| Accum. Other Comp. Income | -$317M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $383.0K |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $1.3B |
| Net Debt | $1.0B |
