| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $414M | $529M | $327M | -21.7% | 26.7% |
| Op. Income | $58M | $92M | $36M | -37.2% | 61.7% |
| Gross Margin | 41.4% | 39.1% | 40.8% | 2.3pp | 0.6pp |
| Net Margin | 10.9% | 18.8% | 8.2% | -7.9pp | 2.7pp |
| EPS (Diluted) | $0.68 | $1.50 | $0.41 | -54.7% | 65.9% |
| Free Cash Flow | $18M | $163M | -$29M | -89.0% | 162.6% |
| Item | Amount |
|---|---|
| REVENUE | $414M |
| Cost of Revenue | $243M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $106M |
| Other Expenses | $8M |
| Operating Expenses | $114M |
| Cost & Expenses | $357M |
| OPERATING INCOME | $58M |
| Interest Income | $93.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $93.0K |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $4M |
| EBIT | $61M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $414M |
| Cost of Revenue | $243M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $106M |
| Other Expenses | $8M |
| Operating Expenses | $114M |
| Cost & Expenses | $357M |
| OPERATING INCOME | $58M |
| Interest Income | $93.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $93.0K |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $4M |
| EBIT | $61M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $368.0K |
| Other Non-Cash Items | $19.0K |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $45.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$35.0K |
| Common Stock Repurchased | -$12.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $326M |
| Short-Term Investments | $0 |
| Net Receivables | $203.0K |
| Inventory | $395M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $733M |
| PP&E (Net) | $521M |
| Goodwill | $445M |
| Intangible Assets | $231M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $125M |
| Short-Term Debt | $361.0K |
| Deferred Revenue | $12M |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $276M |
| Long-Term Debt | $649.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $65M |
| Other Non-Current Liabilities | $5.0K |
| TOTAL NON-CURRENT LIABILITIES | $388M |
| TOTAL LIABILITIES | $664M |
| Common Stock | $66.0K |
| Additional Paid-In Capital | $646M |
| Retained Earnings | $662M |
| Treasury Stock | -$40M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $389M |
| Net Debt | $64M |
