| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.8B | $2.7B | -9.4% | -5.6% |
| Op. Income | $365M | $428M | $418M | -14.9% | -12.8% |
| Gross Margin | 26.8% | 28.3% | 27.8% | -1.5pp | -1.0pp |
| Net Margin | 8.0% | 9.2% | 8.9% | -1.2pp | -0.9pp |
| EPS (Diluted) | $0.42 | $0.53 | $0.50 | -20.8% | -16.0% |
| Free Cash Flow | $397M | $143M | $392M | 177.1% | 1.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $684M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $320M |
| SG&A Expenses | $320M |
| Other Expenses | $0 |
| Operating Expenses | $320M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $365M |
| Interest Income | $1M |
| Interest Expense | $119M |
| Other Income/Expenses | -$91M |
| INCOME BEFORE TAX | $274M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $205M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $204M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $204M |
| D&A | $99M |
| EBIT | $382M |
| EBITDA | $481M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $684M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $320M |
| SG&A Expenses | $320M |
| Other Expenses | $0 |
| Operating Expenses | $320M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $365M |
| Interest Income | $1M |
| Interest Expense | $119M |
| Other Income/Expenses | -$91M |
| INCOME BEFORE TAX | $274M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $205M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $204M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $204M |
| D&A | $99M |
| EBIT | $382M |
| EBITDA | $481M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $205M |
| Depreciation & Amortization | $99M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $176M |
| OPERATING CASH FLOW | $479M |
| Capital Expenditure | -$82M |
| Acquisitions (Net) | $52M |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$455M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$103M |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | -$553M |
| FREE CASH FLOW | $397M |
| Net Change in Cash | -$93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $99M |
| Short-Term Investments | $0 |
| Net Receivables | $854M |
| Inventory | $1.6B |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $2.3B |
| Goodwill | $11.4B |
| Intangible Assets | $4.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $19.5B |
| TOTAL ASSETS | $22.2B |
| Account Payables | $1.4B |
| Short-Term Debt | $925M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $9.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $11.2B |
| TOTAL LIABILITIES | $14.3B |
| Common Stock | $2.9B |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $5.4B |
| Treasury Stock | -$2.7B |
| Accum. Other Comp. Income | -$72M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.8B |
| Minority Interest | $79M |
| TOTAL EQUITY | $7.9B |
| TOTAL LIABILITIES & EQUITY | $22.2B |
| Total Debt | $10.0B |
| Net Debt | $9.9B |
