| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $590M | $544M | $462M | 8.4% | 27.5% |
| Op. Income | $116M | $101M | $67M | 15.5% | 74.3% |
| Gross Margin | 44.4% | 45.3% | 44.3% | -0.8pp | 0.1pp |
| Net Margin | 15.5% | 13.5% | 10.2% | 2.0pp | 5.3pp |
| EPS (Diluted) | $1.66 | $1.33 | $0.86 | 24.8% | 93.0% |
| Free Cash Flow | $123M | $118M | $44M | 4.2% | 178.8% |
| Item | Amount |
|---|---|
| REVENUE | $590M |
| Cost of Revenue | $328M |
| GROSS PROFIT | $262M |
| R&D Expenses | $43M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $16M |
| Operating Expenses | $146M |
| Cost & Expenses | $473M |
| OPERATING INCOME | $116M |
| Interest Income | $100.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $109M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $23M |
| EBIT | $115M |
| EBITDA | $139M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $590M |
| Cost of Revenue | $328M |
| GROSS PROFIT | $262M |
| R&D Expenses | $43M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $16M |
| Operating Expenses | $146M |
| Cost & Expenses | $473M |
| OPERATING INCOME | $116M |
| Interest Income | $100.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $109M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $23M |
| EBIT | $115M |
| EBITDA | $139M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $92M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $152M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$164M |
| Sales/Maturities of Investments | $120M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$73M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $123M |
| Net Change in Cash | $64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $493M |
| Short-Term Investments | $222M |
| Net Receivables | $364M |
| Inventory | $494M |
| Other Current Assets | $96M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $448M |
| Goodwill | $1.1B |
| Intangible Assets | $523M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $113M |
| Short-Term Debt | $12M |
| Deferred Revenue | $30M |
| Other Current Liabilities | $173M |
| TOTAL CURRENT LIABILITIES | $364M |
| Long-Term Debt | $817M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $67M |
| Other Non-Current Liabilities | $104M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $862M |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $1.0B |
| Net Debt | $525M |
