| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $936M | $900M | $889M | 3.9% | 5.3% |
| Op. Income | $125M | $90M | $114M | 37.9% | 9.7% |
| Gross Margin | 35.2% | 34.0% | 35.5% | 1.2pp | -0.2pp |
| Net Margin | 9.1% | 6.9% | 9.9% | 2.2pp | -0.8pp |
| EPS (Diluted) | $0.43 | $0.32 | $0.45 | 34.4% | -4.4% |
| Free Cash Flow | $235M | $176M | $186M | 33.5% | 26.7% |
| Item | Amount |
|---|---|
| REVENUE | $936M |
| Cost of Revenue | $606M |
| GROSS PROFIT | $330M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $198M |
| Other Expenses | $7M |
| Operating Expenses | $205M |
| Cost & Expenses | $811M |
| OPERATING INCOME | $125M |
| Interest Income | $2M |
| Interest Expense | $15M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $40M |
| EBIT | $125M |
| EBITDA | $165M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $936M |
| Cost of Revenue | $606M |
| GROSS PROFIT | $330M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $198M |
| Other Expenses | $7M |
| Operating Expenses | $205M |
| Cost & Expenses | $811M |
| OPERATING INCOME | $125M |
| Interest Income | $2M |
| Interest Expense | $15M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $40M |
| EBIT | $125M |
| EBITDA | $165M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $31M |
| Change in Working Capital | $107M |
| OPERATING CASH FLOW | $252M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $59.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$262M |
| Common Stock Repurchased | -$29M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$306M |
| FREE CASH FLOW | $235M |
| Net Change in Cash | -$64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $803M |
| Short-Term Investments | $0 |
| Net Receivables | $873M |
| Inventory | $0 |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $569M |
| Goodwill | $1.6B |
| Intangible Assets | $177M |
| Long-Term Investments | $0 |
| Tax Assets | $105M |
| Other Non-Current Assets | $507M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $31M |
| Short-Term Debt | $279M |
| Deferred Revenue | $133M |
| Other Current Liabilities | $370M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $66M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $159M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $749M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$585M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $2.0B |
| Net Debt | $1.2B |
