| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | — | $1.0B | — | 0.1% |
| Op. Income | $148M | — | $142M | — | 3.7% |
| Gross Margin | 33.6% | — | 35.1% | — | -1.5pp |
| Net Margin | 11.7% | — | 12.8% | — | -1.1pp |
| EPS (Diluted) | $0.90 | — | $0.96 | — | -6.2% |
| Free Cash Flow | $145M | — | $129M | — | 13.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $682M |
| GROSS PROFIT | $344M |
| R&D Expenses | $70M |
| Selling & Marketing | $0 |
| General & Administrative | $110M |
| SG&A Expenses | $110M |
| Other Expenses | $17M |
| Operating Expenses | $197M |
| Cost & Expenses | $879M |
| OPERATING INCOME | $148M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $120M |
| Net Income Deductions | $2.0K |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $47M |
| EBIT | $148M |
| EBITDA | $194M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $682M |
| GROSS PROFIT | $344M |
| R&D Expenses | $70M |
| Selling & Marketing | $0 |
| General & Administrative | $110M |
| SG&A Expenses | $110M |
| Other Expenses | $17M |
| Operating Expenses | $197M |
| Cost & Expenses | $879M |
| OPERATING INCOME | $148M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $120M |
| Net Income Deductions | $2.0K |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $47M |
| EBIT | $148M |
| EBITDA | $194M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $120M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $35M |
| Other Non-Cash Items | $9.0K |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $187M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | -$29M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$73M |
| Net Debt Issuance | $396M |
| Common Stock Repurchased | -$60M |
| Common Dividends Paid | -$44M |
| Other Financing Activities | $25M |
| NET CASH FROM FINANCING | $317M |
| FREE CASH FLOW | $145M |
| Net Change in Cash | $431M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $953M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $878M |
| Goodwill | $2.5B |
| Intangible Assets | $185M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $454M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $182M |
| Short-Term Debt | $100M |
| Deferred Revenue | $124M |
| Other Current Liabilities | $518M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $644M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $233M |
| Other Non-Current Liabilities | $320M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.8B |
| Retained Earnings | $5.3B |
| Treasury Stock | -$5.5B |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $43M |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $1.0B |
| Net Debt | -$154M |
