| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | — | 5.7% | — |
| Op. Income | $703M | $731M | — | -3.8% | — |
| Gross Margin | 66.8% | 69.9% | — | -3.0pp | — |
| Net Margin | 33.9% | 35.5% | — | -1.6pp | — |
| EPS (Diluted) | $2.16 | $2.14 | — | 0.9% | — |
| Free Cash Flow | $241M | $756M | — | -68.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $535M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $54M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $321M |
| Other Expenses | $0 |
| Operating Expenses | $375M |
| Cost & Expenses | $910M |
| OPERATING INCOME | $703M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $681M |
| Income Tax Expense | $121M |
| Net Income from Continuing Ops | $560M |
| Net Income from Discontinued Ops | -$13M |
| Other Adjustments | $0 |
| NET INCOME | $547M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $547M |
| D&A | $40M |
| EBIT | $703M |
| EBITDA | $743M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $535M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $54M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $321M |
| Other Expenses | $0 |
| Operating Expenses | $375M |
| Cost & Expenses | $910M |
| OPERATING INCOME | $703M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $681M |
| Income Tax Expense | $121M |
| Net Income from Continuing Ops | $560M |
| Net Income from Discontinued Ops | -$13M |
| Other Adjustments | $0 |
| NET INCOME | $547M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $547M |
| D&A | $40M |
| EBIT | $703M |
| EBITDA | $743M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $547M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$158M |
| Change in Working Capital | -$152M |
| OPERATING CASH FLOW | $288M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$303M |
| NET CASH FROM FINANCING | -$303M |
| FREE CASH FLOW | $241M |
| Net Change in Cash | -$63M |
