| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $2.5B | $3.2B | 24.1% | -3.7% |
| Op. Income | $285M | $296M | $184M | -3.7% | 54.9% |
| Gross Margin | 39.6% | 32.5% | 38.5% | 7.1pp | 1.1pp |
| Net Margin | 3.6% | 2.8% | -0.5% | 0.8pp | 4.1pp |
| EPS (Diluted) | $0.97 | $0.61 | $-0.15 | 59.0% | 746.7% |
| Free Cash Flow | $267M | $1.6B | -$184M | -82.9% | 245.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $85M |
| Other Expenses | $868M |
| Operating Expenses | $953M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $285M |
| Interest Income | $0 |
| Interest Expense | $257M |
| Other Income/Expenses | -$137M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $139M |
| EBIT | $278M |
| EBITDA | $417M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $85M |
| Other Expenses | $868M |
| Operating Expenses | $953M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $285M |
| Interest Income | $0 |
| Interest Expense | $257M |
| Other Income/Expenses | -$137M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $139M |
| EBIT | $278M |
| EBITDA | $417M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $112M |
| Depreciation & Amortization | $139M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $19M |
| Other Non-Cash Items | -$78M |
| Change in Working Capital | $200M |
| OPERATING CASH FLOW | $392M |
| Capital Expenditure | -$125M |
| Acquisitions (Net) | $194M |
| Purchases of Investments | -$46M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $60M |
| Net Debt Issuance | -$154M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$27M |
| NET CASH FROM FINANCING | -$181M |
| FREE CASH FLOW | $267M |
| Net Change in Cash | $271M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $337M |
| Other Current Assets | $236M |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $5.9B |
| Goodwill | $4.2B |
| Intangible Assets | $326M |
| Long-Term Investments | $87M |
| Tax Assets | $88M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $11.8B |
| TOTAL ASSETS | $16.5B |
| Account Payables | $710M |
| Short-Term Debt | $150M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $12.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $29M |
| Other Non-Current Liabilities | $951M |
| TOTAL NON-CURRENT LIABILITIES | $14.4B |
| TOTAL LIABILITIES | $18.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$4.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2.0B |
| Minority Interest | $541M |
| TOTAL EQUITY | -$1.5B |
| TOTAL LIABILITIES & EQUITY | $16.5B |
| Total Debt | $13.5B |
| Net Debt | $11.7B |
