| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $318M | $296M | $329M | 7.4% | -3.3% |
| Op. Income | $41M | $47M | $74M | -12.3% | -44.1% |
| Gross Margin | 48.0% | 46.0% | 46.4% | 1.9pp | 1.5pp |
| Net Margin | 11.2% | 12.9% | 17.4% | -1.7pp | -6.2pp |
| EPS (Diluted) | $0.66 | $0.71 | $1.07 | -7.0% | -38.3% |
| Free Cash Flow | $45M | $54M | $71M | -16.0% | -36.0% |
| Item | Amount |
|---|---|
| REVENUE | $318M |
| Cost of Revenue | $166M |
| GROSS PROFIT | $153M |
| R&D Expenses | $32M |
| Selling & Marketing | $17M |
| General & Administrative | $29M |
| SG&A Expenses | $46M |
| Other Expenses | $33M |
| Operating Expenses | $111M |
| Cost & Expenses | $277M |
| OPERATING INCOME | $41M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $24M |
| EBIT | $75M |
| EBITDA | $99M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $318M |
| Cost of Revenue | $166M |
| GROSS PROFIT | $153M |
| R&D Expenses | $32M |
| Selling & Marketing | $17M |
| General & Administrative | $29M |
| SG&A Expenses | $46M |
| Other Expenses | $33M |
| Operating Expenses | $111M |
| Cost & Expenses | $277M |
| OPERATING INCOME | $41M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $24M |
| EBIT | $75M |
| EBITDA | $99M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $54M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $229.0K |
| Purchases of Investments | -$311M |
| Sales/Maturities of Investments | $275M |
| Other Investing Activities | -$98.0K |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | -$936.0K |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $764M |
| Short-Term Investments | $538M |
| Net Receivables | $240M |
| Inventory | $370M |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $576M |
| Goodwill | $38M |
| Intangible Assets | $65M |
| Long-Term Investments | $0 |
| Tax Assets | $39M |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $763M |
| TOTAL ASSETS | $2.8B |
| Account Payables | $37M |
| Short-Term Debt | $4M |
| Deferred Revenue | $57M |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $201M |
| Long-Term Debt | $35M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $87M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $122M |
| TOTAL LIABILITIES | $324M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $829M |
| Retained Earnings | $2.1B |
| Treasury Stock | -$304M |
| Accum. Other Comp. Income | -$194M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $861.0K |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $44M |
| Net Debt | -$719M |
