| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.8B | $4.4B | $4.9B | 8.9% | -3.1% |
| Op. Income | $318M | $283M | $321M | 12.1% | -0.9% |
| Gross Margin | 17.4% | 17.1% | 16.6% | 0.2pp | 0.7pp |
| Net Margin | 4.1% | 4.3% | 4.1% | -0.3pp | -0.0pp |
| EPS (Diluted) | $1.33 | $1.31 | $1.37 | 1.5% | -2.9% |
| Free Cash Flow | $189M | $218M | $237M | -13.4% | -20.2% |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $826M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $508M |
| Other Expenses | $0 |
| Operating Expenses | $508M |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $318M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | $250M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $193M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $193M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $193M |
| D&A | $132M |
| EBIT | $290M |
| EBITDA | $423M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $826M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $508M |
| Other Expenses | $0 |
| Operating Expenses | $508M |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $318M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | $250M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $193M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $193M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $193M |
| D&A | $132M |
| EBIT | $290M |
| EBITDA | $423M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $193M |
| Depreciation & Amortization | $132M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $35M |
| Change in Working Capital | -$140M |
| OPERATING CASH FLOW | $223M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | -$39M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$72M |
| Net Debt Issuance | $28M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$54M |
| Other Financing Activities | $164M |
| NET CASH FROM FINANCING | $137M |
| FREE CASH FLOW | $189M |
| Net Change in Cash | $291M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $3.7B |
| Inventory | $648M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.8B |
| PP&E (Net) | $402M |
| Goodwill | $2.6B |
| Intangible Assets | $462M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $9.2B |
| Account Payables | $1.9B |
| Short-Term Debt | $681M |
| Deferred Revenue | $247M |
| Other Current Liabilities | $708M |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $63M |
| Other Non-Current Liabilities | $75M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $8.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | -$1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$131M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $9.2B |
| Total Debt | $4.7B |
| Net Debt | $3.4B |
