| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $3.6B | $3.9B | 16.5% | 9.6% |
| Op. Income | $168M | $189M | $201M | -10.9% | -16.3% |
| Gross Margin | 6.8% | 8.7% | 8.1% | -1.9pp | -1.3pp |
| Net Margin | 3.2% | 4.0% | 3.8% | -0.7pp | -0.6pp |
| EPS (Diluted) | $1.00 | $1.06 | $1.07 | -5.7% | -6.5% |
| Free Cash Flow | -$184M | $437M | $148M | -142.1% | -224.2% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $286M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $118M |
| Other Expenses | $0 |
| Operating Expenses | $118M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $168M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $161M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $137M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $137M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $137M |
| D&A | $27M |
| EBIT | $168M |
| EBITDA | $195M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $286M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $118M |
| Other Expenses | $0 |
| Operating Expenses | $118M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $168M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $161M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $137M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $137M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $137M |
| D&A | $27M |
| EBIT | $168M |
| EBITDA | $195M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $137M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$333M |
| OPERATING CASH FLOW | -$169M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $60M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$70M |
| Other Financing Activities | $79M |
| NET CASH FROM FINANCING | $68M |
| FREE CASH FLOW | -$184M |
| Net Change in Cash | -$110M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $253M |
| Short-Term Investments | $0 |
| Net Receivables | $2.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $523M |
| Goodwill | $1.5B |
| Intangible Assets | $119M |
| Long-Term Investments | $0 |
| Tax Assets | $17M |
| Other Non-Current Assets | $90M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $1.2B |
| Short-Term Debt | $60M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $131M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $45M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $14M |
| Additional Paid-In Capital | $555M |
| Retained Earnings | $4.3B |
| Treasury Stock | -$2.9B |
| Accum. Other Comp. Income | -$71M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $1.5B |
| Net Debt | $1.2B |
