| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $776M | $824M | $948M | -5.8% | -18.1% |
| Op. Income | $83M | $81M | $120M | 2.0% | -31.0% |
| Gross Margin | 42.2% | 41.7% | 40.5% | 0.5pp | 1.7pp |
| Net Margin | 7.8% | 6.9% | 9.3% | 0.8pp | -1.5pp |
| EPS (Diluted) | $1.52 | $1.44 | $2.22 | 5.6% | -31.5% |
| Free Cash Flow | $150M | $72M | $109M | 109.2% | 38.1% |
| Item | Amount |
|---|---|
| REVENUE | $776M |
| Cost of Revenue | $449M |
| GROSS PROFIT | $328M |
| R&D Expenses | $0 |
| Selling & Marketing | $241M |
| General & Administrative | $0 |
| SG&A Expenses | $241M |
| Other Expenses | $3M |
| Operating Expenses | $245M |
| Cost & Expenses | $693M |
| OPERATING INCOME | $83M |
| Interest Income | $700.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $26M |
| EBIT | $85M |
| EBITDA | $111M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $776M |
| Cost of Revenue | $449M |
| GROSS PROFIT | $328M |
| R&D Expenses | $0 |
| Selling & Marketing | $241M |
| General & Administrative | $0 |
| SG&A Expenses | $241M |
| Other Expenses | $3M |
| Operating Expenses | $245M |
| Cost & Expenses | $693M |
| OPERATING INCOME | $83M |
| Interest Income | $700.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $26M |
| EBIT | $85M |
| EBITDA | $111M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $400.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $68M |
| OPERATING CASH FLOW | $164M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$100.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$400.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $150M |
| Net Change in Cash | $140M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $521M |
| Short-Term Investments | $0 |
| Net Receivables | $451M |
| Inventory | $355M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $332M |
| Goodwill | $1.1B |
| Intangible Assets | $613M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $331M |
| Short-Term Debt | $18M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $56M |
| TOTAL CURRENT LIABILITIES | $576M |
| Long-Term Debt | $386M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $119M |
| Other Non-Current Liabilities | $219M |
| TOTAL NON-CURRENT LIABILITIES | $771M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $958M |
| Retained Earnings | $2.5B |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | -$162M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $466M |
| Net Debt | -$54M |
