| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.0B | $13.5B | $10.4B | 3.7% | 34.3% |
| Op. Income | $1.0B | $1.7B | $843M | -40.5% | 18.8% |
| Gross Margin | 16.8% | 21.5% | 17.2% | -4.7pp | -0.3pp |
| Net Margin | 4.5% | 5.0% | 0.7% | -0.5pp | 3.8pp |
| EPS (Diluted) | $0.23 | $0.25 | $0.03 | -7.9% | 800.0% |
| Free Cash Flow | $1.0B | $1.9B | $756M | -45.3% | 36.9% |
| Item | Amount |
|---|---|
| REVENUE | $14.0B |
| Cost of Revenue | $11.6B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $740M |
| General & Administrative | $460M |
| SG&A Expenses | $1.2B |
| Other Expenses | $151M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $13.0B |
| OPERATING INCOME | $1.0B |
| Interest Income | $0 |
| Interest Expense | $214M |
| Other Income/Expenses | -$209M |
| INCOME BEFORE TAX | $793M |
| Income Tax Expense | $160M |
| Net Income from Continuing Ops | $632M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $625M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $625M |
| D&A | $404M |
| EBIT | $1.2B |
| EBITDA | $1.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $14.0B |
| Cost of Revenue | $11.6B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $740M |
| General & Administrative | $460M |
| SG&A Expenses | $1.2B |
| Other Expenses | $151M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $13.0B |
| OPERATING INCOME | $1.0B |
| Interest Income | $0 |
| Interest Expense | $214M |
| Other Income/Expenses | -$209M |
| INCOME BEFORE TAX | $793M |
| Income Tax Expense | $160M |
| Net Income from Continuing Ops | $632M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $625M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $625M |
| D&A | $404M |
| EBIT | $1.2B |
| EBITDA | $1.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $625M |
| Depreciation & Amortization | $404M |
| Stock-Based Compensation | -$5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $378M |
| Change in Working Capital | -$59M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$308M |
| Acquisitions (Net) | -$590.9K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | -$292M |
| Net Debt Issuance | -$1.1B |
| Common Stock Repurchased | -$48M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$46M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | -$68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.5B |
| Short-Term Investments | $0 |
| Net Receivables | $2.7B |
| Inventory | $4.8B |
| Other Current Assets | $870M |
| TOTAL CURRENT ASSETS | $12.8B |
| PP&E (Net) | $10.9B |
| Goodwill | $5.9B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $34M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $20.4B |
| TOTAL ASSETS | $33.2B |
| Account Payables | $4.0B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $679M |
| TOTAL CURRENT LIABILITIES | $7.6B |
| Long-Term Debt | $13.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $17.1B |
| TOTAL LIABILITIES | $24.6B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $42M |
| Retained Earnings | $1.0B |
| Treasury Stock | -$48M |
| Accum. Other Comp. Income | $2.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.9B |
| Minority Interest | $705M |
| TOTAL EQUITY | $8.6B |
| TOTAL LIABILITIES & EQUITY | $33.2B |
| Total Debt | $16.3B |
| Net Debt | $11.9B |
