| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $360M | $413M | $452M | -12.8% | -20.5% |
| Op. Income | $36M | $43M | $60M | -17.2% | -40.1% |
| Gross Margin | 56.3% | 54.1% | 55.5% | 2.3pp | 0.9pp |
| Net Margin | 4.2% | 6.3% | 7.7% | -2.1pp | -3.5pp |
| EPS (Diluted) | $0.36 | $0.62 | $0.81 | -41.9% | -55.6% |
| Free Cash Flow | $27M | $56M | $48M | -52.4% | -44.0% |
| Item | Amount |
|---|---|
| REVENUE | $360M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $203M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $142M |
| Operating Expenses | $167M |
| Cost & Expenses | $324M |
| OPERATING INCOME | $36M |
| Interest Income | $499.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $10M |
| EBIT | $24M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $360M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $203M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $142M |
| Operating Expenses | $167M |
| Cost & Expenses | $324M |
| OPERATING INCOME | $36M |
| Interest Income | $499.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $10M |
| EBIT | $24M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$34M |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | $31M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $0 |
| Net Receivables | $315M |
| Inventory | $169M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $573M |
| PP&E (Net) | $631M |
| Goodwill | $932M |
| Intangible Assets | $84M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $80M |
| Short-Term Debt | $0 |
| Deferred Revenue | $36M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $201M |
| Long-Term Debt | $533M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $69M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $790M |
| TOTAL LIABILITIES | $992M |
| Common Stock | $493.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $768M |
| Treasury Stock | -$586M |
| Accum. Other Comp. Income | -$165M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $806M |
| Net Debt | $727M |
