| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $475M | $350M | $471M | 35.7% | 0.9% |
| Op. Income | $81M | $28M | $62M | 189.1% | 31.2% |
| Gross Margin | 37.5% | 33.9% | 30.1% | 3.5pp | 7.4pp |
| Net Margin | 12.1% | -0.3% | 8.9% | 12.5pp | 3.3pp |
| EPS (Diluted) | $1.84 | $-0.04 | $1.34 | 5086.4% | 37.3% |
| Free Cash Flow | $102M | -$37M | $37M | 374.1% | 176.1% |
| Item | Amount |
|---|---|
| REVENUE | $475M |
| Cost of Revenue | $297M |
| GROSS PROFIT | $178M |
| R&D Expenses | $13M |
| Selling & Marketing | $16M |
| General & Administrative | $68M |
| SG&A Expenses | $85M |
| Other Expenses | $0 |
| Operating Expenses | $97M |
| Cost & Expenses | $394M |
| OPERATING INCOME | $81M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $25M |
| EBIT | $73M |
| EBITDA | $97M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $475M |
| Cost of Revenue | $297M |
| GROSS PROFIT | $178M |
| R&D Expenses | $13M |
| Selling & Marketing | $16M |
| General & Administrative | $68M |
| SG&A Expenses | $85M |
| Other Expenses | $0 |
| Operating Expenses | $97M |
| Cost & Expenses | $394M |
| OPERATING INCOME | $81M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $25M |
| EBIT | $73M |
| EBITDA | $97M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$703.0K |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $96M |
| Capital Expenditure | $6M |
| Acquisitions (Net) | -$192M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | -$20M |
| Other Investing Activities | $192M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$47.0K |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$57M |
| NET CASH FROM FINANCING | -$62M |
| FREE CASH FLOW | $102M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $130M |
| Short-Term Investments | $0 |
| Net Receivables | $446M |
| Inventory | $127M |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $763M |
| PP&E (Net) | $253M |
| Goodwill | $785M |
| Intangible Assets | $210M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $308M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $157M |
| Short-Term Debt | $227M |
| Deferred Revenue | $76M |
| Other Current Liabilities | $127M |
| TOTAL CURRENT LIABILITIES | $587M |
| Long-Term Debt | $593M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $150M |
| TOTAL NON-CURRENT LIABILITIES | $749M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $296M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $850M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$150M |
| Other Equity | -$8M |
| TOTAL STOCKHOLDERS' EQUITY | $988M |
| Minority Interest | $0 |
| TOTAL EQUITY | $988M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $820M |
| Net Debt | $691M |
