| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $429M | $407M | $346M | 5.3% | 24.1% |
| Op. Income | $26M | $26M | $20M | 1.2% | 31.2% |
| Gross Margin | 24.2% | 23.4% | 24.0% | 0.8pp | 0.2pp |
| Net Margin | 4.6% | 4.9% | 4.3% | -0.4pp | 0.3pp |
| EPS (Diluted) | $0.73 | $0.76 | $0.55 | -3.9% | 32.7% |
| Free Cash Flow | -$23M | $30M | $17M | -176.5% | -231.5% |
| Item | Amount |
|---|---|
| REVENUE | $429M |
| Cost of Revenue | $325M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $73M |
| Other Expenses | $4M |
| Operating Expenses | $77M |
| Cost & Expenses | $403M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $694.0K |
| Other Income/Expenses | $997.0K |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $5M |
| EBIT | $28M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $429M |
| Cost of Revenue | $325M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $73M |
| Other Expenses | $4M |
| Operating Expenses | $77M |
| Cost & Expenses | $403M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $694.0K |
| Other Income/Expenses | $997.0K |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $5M |
| EBIT | $28M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$305.0K |
| Other Non-Cash Items | -$10.0K |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$424.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $751.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $0 |
| Net Receivables | $540M |
| Inventory | $61M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $690M |
| PP&E (Net) | $22M |
| Goodwill | $118M |
| Intangible Assets | $37M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $86M |
| TOTAL NON-CURRENT ASSETS | $263M |
| TOTAL ASSETS | $953M |
| Account Payables | $126M |
| Short-Term Debt | $206M |
| Deferred Revenue | $55M |
| Other Current Liabilities | -$126M |
| TOTAL CURRENT LIABILITIES | $439M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $17M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $41M |
| TOTAL LIABILITIES | $480M |
| Common Stock | $144.0K |
| Additional Paid-In Capital | $143M |
| Retained Earnings | $397M |
| Treasury Stock | -$68M |
| Accum. Other Comp. Income | -$202.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $472M |
| Minority Interest | $0 |
| TOTAL EQUITY | $472M |
| TOTAL LIABILITIES & EQUITY | $953M |
| Total Debt | $227M |
| Net Debt | $168M |
