| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.9B | $2.0B | -0.3% | -4.8% |
| Op. Income | $375M | $307M | $564M | 22.1% | -33.5% |
| Gross Margin | 70.5% | 66.3% | 75.7% | 4.2pp | -5.2pp |
| Net Margin | 16.2% | 13.0% | 22.1% | 3.2pp | -5.9pp |
| EPS (Diluted) | $0.68 | $0.53 | $0.97 | 28.3% | -29.9% |
| Free Cash Flow | $711M | -$123M | $356M | 678.0% | 99.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $571M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $524M |
| SG&A Expenses | $548M |
| Other Expenses | $440M |
| Operating Expenses | $988M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $375M |
| Interest Income | $1.3B |
| Interest Expense | $143M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $375M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $314M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $314M |
| Net Income Deductions | -$25M |
| BOTTOM LINE NET INCOME | $289M |
| D&A | $103M |
| EBIT | $375M |
| EBITDA | $478M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $571M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $524M |
| SG&A Expenses | $548M |
| Other Expenses | $440M |
| Operating Expenses | $988M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $375M |
| Interest Income | $1.3B |
| Interest Expense | $143M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $375M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $314M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $314M |
| Net Income Deductions | -$25M |
| BOTTOM LINE NET INCOME | $289M |
| D&A | $103M |
| EBIT | $375M |
| EBITDA | $478M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $314M |
| Depreciation & Amortization | $103M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$43M |
| Other Non-Cash Items | $509M |
| Change in Working Capital | -$236M |
| OPERATING CASH FLOW | $658M |
| Capital Expenditure | $53M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.2B |
| Sales/Maturities of Investments | $2.4B |
| Other Investing Activities | $1.9B |
| NET CASH FROM INVESTING | $2.1B |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$168M |
| Other Financing Activities | -$776M |
| NET CASH FROM FINANCING | -$988M |
| FREE CASH FLOW | $711M |
| Net Change in Cash | $1.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.5B |
| Short-Term Investments | $22.3B |
| Net Receivables | $2.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $34.6B |
| PP&E (Net) | $747M |
| Goodwill | $7.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $128.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.7B |
| TOTAL NON-CURRENT ASSETS | $144.6B |
| TOTAL ASSETS | $179.2B |
| Account Payables | $0 |
| Short-Term Debt | $252M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $142.9B |
| TOTAL CURRENT LIABILITIES | $143.2B |
| Long-Term Debt | $9.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $638M |
| Other Non-Current Liabilities | $3.8B |
| TOTAL NON-CURRENT LIABILITIES | $13.6B |
| TOTAL LIABILITIES | $156.8B |
| Common Stock | $6M |
| Additional Paid-In Capital | $18.9B |
| Retained Earnings | $6.2B |
| Treasury Stock | -$4.6B |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $22.5B |
| TOTAL LIABILITIES & EQUITY | $179.2B |
| Total Debt | $9.4B |
| Net Debt | -$183M |
