| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $276M | $265M | $235M | 4.4% | 17.7% |
| Op. Income | $46M | $42M | $41M | 8.1% | 11.1% |
| Gross Margin | 29.1% | 29.8% | 33.2% | -0.7pp | -4.1pp |
| Net Margin | 5.7% | 6.7% | 1.7% | -1.0pp | 4.0pp |
| EPS (Diluted) | $1.19 | $1.34 | $0.29 | -11.2% | 310.3% |
| Free Cash Flow | -$133M | $223M | $59M | -159.6% | -324.9% |
| Item | Amount |
|---|---|
| REVENUE | $276M |
| Cost of Revenue | $196M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $46M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $8M |
| EBIT | $25M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $276M |
| Cost of Revenue | $196M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $46M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $8M |
| EBIT | $25M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$165M |
| OPERATING CASH FLOW | -$132M |
| Capital Expenditure | -$547.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$547.0K |
| Net Debt Issuance | $120M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $114M |
| FREE CASH FLOW | -$133M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $184M |
| Goodwill | $138M |
| Intangible Assets | $32M |
| Long-Term Investments | $647M |
| Tax Assets | $0 |
| Other Non-Current Assets | $277M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $43M |
| Short-Term Debt | $18M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$18M |
| TOTAL CURRENT LIABILITIES | $517M |
| Long-Term Debt | $294M |
| Deferred Revenue NC | $292M |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $663M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $40M |
| Additional Paid-In Capital | $40M |
| Retained Earnings | $534M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $615M |
| Minority Interest | $0 |
| TOTAL EQUITY | $615M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $508M |
| Net Debt | $476M |
