| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.3B | $1.2B | 13.0% | 22.3% |
| Op. Income | $207M | $190M | $144M | 9.1% | 44.1% |
| Gross Margin | 78.8% | 79.7% | 80.4% | -1.0pp | -1.6pp |
| Net Margin | 9.1% | 8.5% | 6.5% | 0.5pp | 2.5pp |
| EPS (Diluted) | $1.04 | $0.82 | $0.58 | 26.8% | 79.3% |
| Free Cash Flow | $105M | $218M | $158M | -51.8% | -33.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $323M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $530M |
| Other Expenses | $463M |
| Operating Expenses | $992M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $207M |
| Interest Income | $2M |
| Interest Expense | $37M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138M |
| D&A | $24M |
| EBIT | $209M |
| EBITDA | $233M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $323M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $530M |
| Other Expenses | $463M |
| Operating Expenses | $992M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $207M |
| Interest Income | $2M |
| Interest Expense | $37M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138M |
| D&A | $24M |
| EBIT | $209M |
| EBITDA | $233M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $138M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $800.0K |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$65M |
| OPERATING CASH FLOW | $131M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$818M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$824M |
| FREE CASH FLOW | $105M |
| Net Change in Cash | -$705M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $109M |
| Inventory | $434M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $555M |
| Goodwill | $89M |
| Intangible Assets | $310M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $235M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $103M |
| Short-Term Debt | $25M |
| Deferred Revenue | $103M |
| Other Current Liabilities | $481M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $166M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $336M |
| Retained Earnings | -$690M |
| Treasury Stock | -$329M |
| Accum. Other Comp. Income | -$230M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$913M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$913M |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $2.6B |
| Net Debt | $1.6B |
