| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $571M | $694M | $749M | -17.7% | -23.7% |
| Op. Income | $134M | $161M | $217M | -16.6% | -38.3% |
| Gross Margin | 63.7% | 58.5% | 60.7% | 5.2pp | 3.0pp |
| Net Margin | 17.4% | 18.1% | 22.9% | -0.7pp | -5.5pp |
| EPS (Diluted) | $0.20 | $0.25 | $0.34 | -20.9% | -42.0% |
| Free Cash Flow | $287M | -$776M | $37M | 137.0% | 669.8% |
| Item | Amount |
|---|---|
| REVENUE | $571M |
| Cost of Revenue | $207M |
| GROSS PROFIT | $364M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $197M |
| SG&A Expenses | $203M |
| Other Expenses | $27M |
| Operating Expenses | $230M |
| Cost & Expenses | $437M |
| OPERATING INCOME | $134M |
| Interest Income | $406M |
| Interest Expense | $81M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $134M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $21M |
| EBIT | $134M |
| EBITDA | $155M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $571M |
| Cost of Revenue | $207M |
| GROSS PROFIT | $364M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $197M |
| SG&A Expenses | $203M |
| Other Expenses | $27M |
| Operating Expenses | $230M |
| Cost & Expenses | $437M |
| OPERATING INCOME | $134M |
| Interest Income | $406M |
| Interest Expense | $81M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $134M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $21M |
| EBIT | $134M |
| EBITDA | $155M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $99M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $194M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $297M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $348M |
| NET CASH FROM INVESTING | $344M |
| Net Debt Issuance | -$421M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$492M |
| NET CASH FROM FINANCING | -$914M |
| FREE CASH FLOW | $287M |
| Net Change in Cash | -$341M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.3B |
| Short-Term Investments | $1.4B |
| Net Receivables | $95M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $478M |
| Goodwill | $0 |
| Intangible Assets | $68M |
| Long-Term Investments | $40.5B |
| Tax Assets | $375M |
| Other Non-Current Assets | $4.7B |
| TOTAL NON-CURRENT ASSETS | $46.2B |
| TOTAL ASSETS | $51.0B |
| Account Payables | $240M |
| Short-Term Debt | $321M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $26.3B |
| TOTAL CURRENT LIABILITIES | $26.9B |
| Long-Term Debt | $10.7B |
| Deferred Revenue NC | $85M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9.2B |
| TOTAL NON-CURRENT LIABILITIES | $20.1B |
| TOTAL LIABILITIES | $46.9B |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $843M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $521M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $1.1K |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $51.0B |
| Total Debt | $11.1B |
| Net Debt | $7.8B |
