| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $995M | $973M | $1.0B | 2.2% | -0.6% |
| Op. Income | $88M | $100M | $69M | -12.0% | 26.8% |
| Gross Margin | 66.8% | 66.9% | 63.5% | -0.0pp | 3.3pp |
| Net Margin | 1.7% | 5.7% | 4.1% | -4.0pp | -2.4pp |
| EPS (Diluted) | $0.19 | $0.61 | $0.46 | -68.9% | -58.7% |
| Free Cash Flow | $229M | $322M | $183M | -28.9% | 24.9% |
| Item | Amount |
|---|---|
| REVENUE | $995M |
| Cost of Revenue | $330M |
| GROSS PROFIT | $665M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $522M |
| Other Expenses | $56M |
| Operating Expenses | $577M |
| Cost & Expenses | $907M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$73M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $54M |
| EBIT | $45M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $995M |
| Cost of Revenue | $330M |
| GROSS PROFIT | $665M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $522M |
| Other Expenses | $56M |
| Operating Expenses | $577M |
| Cost & Expenses | $907M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$73M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $54M |
| EBIT | $45M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $67M |
| Change in Working Capital | $95M |
| OPERATING CASH FLOW | $244M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$31M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $229M |
| Net Change in Cash | $197M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $554M |
| Short-Term Investments | $0 |
| Net Receivables | $949M |
| Inventory | $0 |
| Other Current Assets | $208M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $985M |
| Goodwill | $2.9B |
| Intangible Assets | $821M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $231M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $673M |
| Short-Term Debt | $103M |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $26M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $512M |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $2.1B |
| Treasury Stock | -$2.9B |
| Accum. Other Comp. Income | -$130M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $2.8B |
| Net Debt | $2.3B |
