| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.3B | 5.0% | 15.9% |
| Op. Income | $114M | $110M | $95M | 3.2% | 19.8% |
| Gross Margin | 34.9% | 35.2% | 7.5% | -0.2pp | 27.4pp |
| Net Margin | 5.5% | 5.7% | 5.4% | -0.2pp | 0.1pp |
| EPS (Diluted) | $3.16 | $3.11 | $2.69 | 1.6% | 17.5% |
| Free Cash Flow | $108M | $115M | $302M | -6.8% | -64.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $954M |
| GROSS PROFIT | $512M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $398M |
| Operating Expenses | $398M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $114M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $27M |
| EBIT | $114M |
| EBITDA | $141M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $954M |
| GROSS PROFIT | $512M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $398M |
| Operating Expenses | $398M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $114M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $27M |
| EBIT | $114M |
| EBITDA | $141M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $81M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $25M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | $121M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$381.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$87M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$97M |
| FREE CASH FLOW | $108M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $0 |
| Net Receivables | $842M |
| Inventory | $63M |
| Other Current Assets | $92M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $509M |
| Goodwill | $3.4B |
| Intangible Assets | $422M |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $117M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $175M |
| Short-Term Debt | $117M |
| Deferred Revenue | $54M |
| Other Current Liabilities | $146M |
| TOTAL CURRENT LIABILITIES | $779M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $235M |
| Other Non-Current Liabilities | $181M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $4M |
| Additional Paid-In Capital | $568M |
| Retained Earnings | $2.6B |
| Treasury Stock | -$576M |
| Accum. Other Comp. Income | -$70M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $135.0K |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $1.9B |
| Net Debt | $1.8B |
