| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $647M | $537M | $561M | 20.6% | 15.5% |
| Op. Income | $110M | $52M | $57M | 111.8% | 90.7% |
| Gross Margin | 56.7% | 54.6% | 54.8% | 2.2pp | 2.0pp |
| Net Margin | 203.1% | 180.0% | -46.2% | 23.1pp | 249.3pp |
| EPS (Diluted) | $43.64 | $32.15 | $-8.68 | 35.7% | 602.8% |
| Free Cash Flow | $116M | $74M | $69M | 56.3% | 68.5% |
| Item | Amount |
|---|---|
| REVENUE | $647M |
| Cost of Revenue | $280M |
| GROSS PROFIT | $367M |
| R&D Expenses | $60M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $198M |
| Other Expenses | $1M |
| Operating Expenses | $258M |
| Cost & Expenses | $538M |
| OPERATING INCOME | $110M |
| Interest Income | $2M |
| Interest Expense | $6M |
| Other Income/Expenses | $1.6B |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $370M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $34M |
| EBIT | $1.7B |
| EBITDA | $1.7B |
| EPS | $44 |
| EPS Diluted | $44 |
| Item | Amount |
|---|---|
| REVENUE | $647M |
| Cost of Revenue | $280M |
| GROSS PROFIT | $367M |
| R&D Expenses | $60M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $198M |
| Other Expenses | $1M |
| Operating Expenses | $258M |
| Cost & Expenses | $538M |
| OPERATING INCOME | $110M |
| Interest Income | $2M |
| Interest Expense | $6M |
| Other Income/Expenses | $1.6B |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $370M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $34M |
| EBIT | $1.7B |
| EBITDA | $1.7B |
| EPS | $44 |
| EPS Diluted | $44 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.6B |
| Change in Working Capital | $356M |
| OPERATING CASH FLOW | $136M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $234.0K |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $123M |
| Other Investing Activities | $18.0K |
| NET CASH FROM INVESTING | $91M |
| Net Debt Issuance | -$183.0K |
| Common Stock Repurchased | $1.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $621.0K |
| NET CASH FROM FINANCING | $439.0K |
| FREE CASH FLOW | $116M |
| Net Change in Cash | $233M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $840M |
| Short-Term Investments | $314M |
| Net Receivables | $402M |
| Inventory | $640M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $678M |
| Goodwill | $292M |
| Intangible Assets | $205M |
| Long-Term Investments | $8.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $82M |
| TOTAL NON-CURRENT ASSETS | $9.7B |
| TOTAL ASSETS | $12.0B |
| Account Payables | $133M |
| Short-Term Debt | $426M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $161M |
| TOTAL CURRENT LIABILITIES | $987M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.8B |
| Other Non-Current Liabilities | $182M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $412M |
| Retained Earnings | $8.4B |
| Treasury Stock | -$100M |
| Accum. Other Comp. Income | $84M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.8B |
| TOTAL LIABILITIES & EQUITY | $12.0B |
| Total Debt | $645M |
| Net Debt | -$195M |
