| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $481M | $448M | $394M | 7.3% | 22.0% |
| Op. Income | $107M | $95M | $53M | 12.7% | 102.2% |
| Gross Margin | 47.0% | 46.2% | 43.2% | 0.7pp | 3.8pp |
| Net Margin | 16.5% | 15.2% | 10.3% | 1.3pp | 6.1pp |
| EPS (Diluted) | $0.58 | $0.50 | $0.30 | 16.0% | 93.3% |
| Free Cash Flow | $69M | $106M | -$1M | -35.2% | 6748.4% |
| Item | Amount |
|---|---|
| REVENUE | $481M |
| Cost of Revenue | $255M |
| GROSS PROFIT | $226M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $71M |
| SG&A Expenses | $71M |
| Other Expenses | $12M |
| Operating Expenses | $119M |
| Cost & Expenses | $374M |
| OPERATING INCOME | $107M |
| Interest Income | $130.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $33M |
| EBIT | $109M |
| EBITDA | $141M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $481M |
| Cost of Revenue | $255M |
| GROSS PROFIT | $226M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $71M |
| SG&A Expenses | $71M |
| Other Expenses | $12M |
| Operating Expenses | $119M |
| Cost & Expenses | $374M |
| OPERATING INCOME | $107M |
| Interest Income | $130.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $33M |
| EBIT | $109M |
| EBITDA | $141M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $79M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $101M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | -$36M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $54.0K |
| NET CASH FROM INVESTING | -$68M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$119M |
| FREE CASH FLOW | $69M |
| Net Change in Cash | -$85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $448M |
| Short-Term Investments | $0 |
| Net Receivables | $300M |
| Inventory | $330M |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $537M |
| Goodwill | $744M |
| Intangible Assets | $349M |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $70M |
| Short-Term Debt | $10M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $247M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $88M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $836M |
| Retained Earnings | $516M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$44M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $1.1B |
| Net Debt | $688M |
