| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $498M | $308M | $383M | 61.5% | 29.9% |
| Op. Income | $49M | $10M | $29M | 400.4% | 69.1% |
| Gross Margin | 24.8% | 25.5% | 25.5% | -0.8pp | -0.7pp |
| Net Margin | 7.0% | 1.6% | 5.0% | 5.4pp | 2.0pp |
| EPS (Diluted) | $1.58 | $0.23 | $0.84 | 587.0% | 88.1% |
| Free Cash Flow | $238M | -$1M | $61M | 22816.5% | 288.6% |
| Item | Amount |
|---|---|
| REVENUE | $498M |
| Cost of Revenue | $375M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $75M |
| SG&A Expenses | $75M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $450M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $3M |
| EBIT | $49M |
| EBITDA | $52M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $498M |
| Cost of Revenue | $375M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $75M |
| SG&A Expenses | $75M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $450M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $3M |
| EBIT | $49M |
| EBITDA | $52M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $2.0K |
| Change in Working Capital | $198M |
| OPERATING CASH FLOW | $240M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$216M |
| Common Stock Repurchased | -$159.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $559.0K |
| NET CASH FROM FINANCING | -$215M |
| FREE CASH FLOW | $238M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $0 |
| Net Receivables | $74M |
| Inventory | $314M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $482M |
| PP&E (Net) | $181M |
| Goodwill | $0 |
| Intangible Assets | $65M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $254M |
| TOTAL ASSETS | $736M |
| Account Payables | $39M |
| Short-Term Debt | $147M |
| Deferred Revenue | $30M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $272M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $833.0K |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $311M |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $277M |
| Retained Earnings | $252M |
| Treasury Stock | -$104M |
| Accum. Other Comp. Income | -$130.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $425M |
| Minority Interest | $0 |
| TOTAL EQUITY | $425M |
| TOTAL LIABILITIES & EQUITY | $736M |
| Total Debt | $189M |
| Net Debt | $102M |
