| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $5.5B | $4.5B | -7.4% | 11.6% |
| Op. Income | $243M | $327M | $268M | -25.7% | -9.4% |
| Gross Margin | 14.4% | 14.7% | 14.9% | -0.4pp | -0.6pp |
| Net Margin | 3.4% | 4.3% | 4.2% | -0.8pp | -0.8pp |
| EPS (Diluted) | $1.04 | $1.40 | $1.09 | -25.7% | -4.6% |
| Free Cash Flow | -$70M | -$261M | -$68M | 73.1% | -2.7% |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $728M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $485M |
| Other Expenses | $0 |
| Operating Expenses | $485M |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $243M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $228M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $173M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $173M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $173M |
| D&A | $55M |
| EBIT | $249M |
| EBITDA | $304M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $728M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $485M |
| Other Expenses | $0 |
| Operating Expenses | $485M |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $243M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $228M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $173M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $173M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $173M |
| D&A | $55M |
| EBIT | $249M |
| EBITDA | $304M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $173M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $65M |
| Change in Working Capital | -$310M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$78M |
| Acquisitions (Net) | $78M |
| Purchases of Investments | -$194.0K |
| Sales/Maturities of Investments | $305.0K |
| Other Investing Activities | -$78M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | $173M |
| Common Stock Repurchased | -$117M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $63M |
| FREE CASH FLOW | -$70M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $0 |
| Net Receivables | $143M |
| Inventory | $2.7B |
| Other Current Assets | $568M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $3.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $67M |
| Other Non-Current Assets | $13.5B |
| TOTAL NON-CURRENT ASSETS | $17.0B |
| TOTAL ASSETS | $20.5B |
| Account Payables | $641M |
| Short-Term Debt | $407M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $69M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $14.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $238M |
| TOTAL NON-CURRENT LIABILITIES | $15.4B |
| TOTAL LIABILITIES | $16.8B |
| Common Stock | $82M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$82M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $20.5B |
| Total Debt | $15.6B |
| Net Debt | $15.5B |
