| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $375M | $389M | $324M | -3.7% | 15.5% |
| Op. Income | $73M | $87M | $44M | -16.1% | 64.3% |
| Gross Margin | 52.7% | 53.5% | 50.3% | -0.8pp | 2.4pp |
| Net Margin | 18.3% | 19.6% | 9.2% | -1.3pp | 9.1pp |
| EPS (Diluted) | $1.13 | $1.27 | $0.49 | -11.0% | 130.6% |
| Free Cash Flow | $125M | $55M | $113M | 127.0% | 10.1% |
| Item | Amount |
|---|---|
| REVENUE | $375M |
| Cost of Revenue | $177M |
| GROSS PROFIT | $198M |
| R&D Expenses | $89M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $125M |
| Cost & Expenses | $302M |
| OPERATING INCOME | $73M |
| Interest Income | $3M |
| Interest Expense | $259.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $17M |
| EBIT | $75M |
| EBITDA | $92M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $375M |
| Cost of Revenue | $177M |
| GROSS PROFIT | $198M |
| R&D Expenses | $89M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $125M |
| Cost & Expenses | $302M |
| OPERATING INCOME | $73M |
| Interest Income | $3M |
| Interest Expense | $259.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $17M |
| EBIT | $75M |
| EBITDA | $92M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $148.0K |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $129M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $163.0K |
| Purchases of Investments | -$43M |
| Sales/Maturities of Investments | $41M |
| Other Investing Activities | -$163.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $125M |
| Net Change in Cash | $120M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $342M |
| Short-Term Investments | $13M |
| Net Receivables | $176M |
| Inventory | $138M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $715M |
| PP&E (Net) | $316M |
| Goodwill | $286M |
| Intangible Assets | $47M |
| Long-Term Investments | $250M |
| Tax Assets | $9M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $933M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $99M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $178M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $75M |
| TOTAL NON-CURRENT LIABILITIES | $209M |
| TOTAL LIABILITIES | $388M |
| Common Stock | $59.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$158M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $103.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $148M |
| Net Debt | -$194M |
