| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $388M | $357M | $449M | 8.7% | -13.6% |
| Op. Income | $52M | $42M | $59M | 22.6% | -12.9% |
| Gross Margin | 25.3% | 24.9% | 24.7% | 0.5pp | 0.6pp |
| Net Margin | 7.3% | 4.0% | 8.5% | 3.3pp | -1.2pp |
| EPS (Diluted) | $0.83 | $0.42 | $1.08 | 97.6% | -23.1% |
| Free Cash Flow | $31M | $49M | $44M | -36.7% | -29.6% |
| Item | Amount |
|---|---|
| REVENUE | $388M |
| Cost of Revenue | $290M |
| GROSS PROFIT | $98M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $337M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $27M |
| EBIT | $46M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $388M |
| Cost of Revenue | $290M |
| GROSS PROFIT | $98M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $337M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $27M |
| EBIT | $46M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $400.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$500.0K |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $121M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $110M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $146M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $379M |
| Short-Term Investments | $3M |
| Net Receivables | $363M |
| Inventory | $255M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $1.0B |
| Goodwill | $806M |
| Intangible Assets | $197M |
| Long-Term Investments | $9M |
| Tax Assets | $23M |
| Other Non-Current Assets | $105M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $141M |
| Short-Term Debt | $900.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $130M |
| TOTAL CURRENT LIABILITIES | $272M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $181M |
| Other Non-Current Liabilities | $275M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $5M |
| Additional Paid-In Capital | $448M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$685M |
| Accum. Other Comp. Income | -$311M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $36M |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $1.0B |
| Net Debt | $634M |
