| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $214M | $200M | $229M | 7.1% | -6.6% |
| Op. Income | $10M | -$7M | $25M | 245.2% | -58.8% |
| Gross Margin | 45.3% | 41.7% | 49.0% | 3.6pp | -3.7pp |
| Net Margin | 4.1% | -2.2% | 8.7% | 6.3pp | -4.6pp |
| EPS (Diluted) | $0.20 | $-0.10 | $0.46 | 300.0% | -56.5% |
| Free Cash Flow | $27M | $37M | $42M | -28.7% | -35.8% |
| Item | Amount |
|---|---|
| REVENUE | $214M |
| Cost of Revenue | $117M |
| GROSS PROFIT | $97M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $71M |
| Other Expenses | $0 |
| Operating Expenses | $87M |
| Cost & Expenses | $204M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $872.0K |
| Other Income/Expenses | $809.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $18M |
| EBIT | $10M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $214M |
| Cost of Revenue | $117M |
| GROSS PROFIT | $97M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $71M |
| Other Expenses | $0 |
| Operating Expenses | $87M |
| Cost & Expenses | $204M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $872.0K |
| Other Income/Expenses | $809.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $18M |
| EBIT | $10M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $521.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $458M |
| Common Stock Repurchased | -$53M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$631.0K |
| NET CASH FROM FINANCING | $468M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $496M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $629M |
| Short-Term Investments | $0 |
| Net Receivables | $198M |
| Inventory | $103M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $963M |
| PP&E (Net) | $108M |
| Goodwill | $336M |
| Intangible Assets | $206M |
| Long-Term Investments | $38M |
| Tax Assets | $15M |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $756M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $37M |
| Short-Term Debt | $11M |
| Deferred Revenue | $108M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $234M |
| Long-Term Debt | $462M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $567M |
| TOTAL LIABILITIES | $801M |
| Common Stock | $52.0K |
| Additional Paid-In Capital | $892M |
| Retained Earnings | $274M |
| Treasury Stock | -$238M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $918M |
| Minority Interest | $0 |
| TOTAL EQUITY | $918M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $517M |
| Net Debt | -$112M |
