| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $374M | $370M | $365M | 1.2% | 2.6% |
| Op. Income | $122M | $106M | $117M | 14.5% | 3.8% |
| Gross Margin | 54.4% | 52.3% | 55.1% | 2.0pp | -0.7pp |
| Net Margin | 27.1% | 24.0% | 25.3% | 3.1pp | 1.7pp |
| EPS (Diluted) | $2.63 | $2.30 | $2.37 | 14.3% | 11.0% |
| Free Cash Flow | $140M | $75M | $148M | 87.7% | -5.7% |
| Item | Amount |
|---|---|
| REVENUE | $374M |
| Cost of Revenue | $171M |
| GROSS PROFIT | $203M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $82M |
| Cost & Expenses | $252M |
| OPERATING INCOME | $122M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $13M |
| EBIT | $121M |
| EBITDA | $135M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $374M |
| Cost of Revenue | $171M |
| GROSS PROFIT | $203M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $82M |
| Cost & Expenses | $252M |
| OPERATING INCOME | $122M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $13M |
| EBIT | $121M |
| EBITDA | $135M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $101M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $151M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$500.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $140M |
| Net Change in Cash | $114M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $458M |
| Short-Term Investments | $23M |
| Net Receivables | $151M |
| Inventory | $0 |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $708M |
| PP&E (Net) | $391M |
| Goodwill | $688M |
| Intangible Assets | $127M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $77M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $141M |
| TOTAL CURRENT LIABILITIES | $247M |
| Long-Term Debt | $574M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $907M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $406.0K |
| Additional Paid-In Capital | $901M |
| Retained Earnings | $573M |
| Treasury Stock | -$606M |
| Accum. Other Comp. Income | -$75M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $793M |
| Minority Interest | $0 |
| TOTAL EQUITY | $793M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $880M |
| Net Debt | $422M |
