| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $480M | $126M | — | 279.8% | — |
| Op. Income | $112M | -$16M | — | 791.7% | — |
| Gross Margin | 43.9% | 31.6% | — | 12.3pp | — |
| Net Margin | 15.0% | -23.6% | — | 38.6pp | — |
| EPS (Diluted) | $7.80 | $-3.20 | — | 343.8% | — |
| Free Cash Flow | $189M | -$32M | — | 697.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $480M |
| Cost of Revenue | $269M |
| GROSS PROFIT | $211M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $99M |
| Other Expenses | -$585.0K |
| Operating Expenses | $99M |
| Cost & Expenses | $368M |
| OPERATING INCOME | $112M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $6M |
| EBIT | $111M |
| EBITDA | $118M |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| REVENUE | $480M |
| Cost of Revenue | $269M |
| GROSS PROFIT | $211M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $99M |
| Other Expenses | -$585.0K |
| Operating Expenses | $99M |
| Cost & Expenses | $368M |
| OPERATING INCOME | $112M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $6M |
| EBIT | $111M |
| EBITDA | $118M |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $597.0K |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $115M |
| OPERATING CASH FLOW | $192M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$52M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | $189M |
| Net Change in Cash | $137M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $149M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $181M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $390M |
| PP&E (Net) | $75M |
| Goodwill | $93M |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $198M |
| TOTAL ASSETS | $588M |
| Account Payables | $133M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $94M |
| TOTAL CURRENT LIABILITIES | $261M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $518.0K |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $157.0K |
| Additional Paid-In Capital | -$278M |
| Retained Earnings | -$591M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$278M |
| Other Equity | $278M |
| TOTAL STOCKHOLDERS' EQUITY | -$869M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$869M |
| TOTAL LIABILITIES & EQUITY | $588M |
| Total Debt | $1.2B |
| Net Debt | $1.0B |
