| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.5B | $1.4B | -10.6% | -7.1% |
| Op. Income | $170M | $188M | $204M | -9.3% | -16.4% |
| Gross Margin | 29.5% | 29.0% | 29.3% | 0.6pp | 0.2pp |
| Net Margin | 2.7% | -12.8% | 1.1% | 15.5pp | 1.6pp |
| EPS (Diluted) | $0.52 | $-2.76 | $0.21 | 118.8% | 147.6% |
| Free Cash Flow | $277M | -$60M | $233M | 564.6% | 18.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $942M |
| GROSS PROFIT | $395M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $224M |
| Other Expenses | -$400.0K |
| Operating Expenses | $224M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $170M |
| Interest Income | $0 |
| Interest Expense | $96M |
| Other Income/Expenses | -$125M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $93M |
| EBIT | $143M |
| EBITDA | $236M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $942M |
| GROSS PROFIT | $395M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $224M |
| Other Expenses | -$400.0K |
| Operating Expenses | $224M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $170M |
| Interest Income | $0 |
| Interest Expense | $96M |
| Other Income/Expenses | -$125M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $93M |
| EBIT | $143M |
| EBITDA | $236M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $93M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $167M |
| OPERATING CASH FLOW | $319M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $100.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | -$398M |
| Common Stock Repurchased | -$31M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$430M |
| FREE CASH FLOW | $277M |
| Net Change in Cash | -$142M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $420M |
| Inventory | $610M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $1.7B |
| Goodwill | $4.4B |
| Intangible Assets | $3.2B |
| Long-Term Investments | $122M |
| Tax Assets | $0 |
| Other Non-Current Assets | $330M |
| TOTAL NON-CURRENT ASSETS | $9.8B |
| TOTAL ASSETS | $11.9B |
| Account Payables | $315M |
| Short-Term Debt | $36M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $374M |
| TOTAL CURRENT LIABILITIES | $748M |
| Long-Term Debt | $6.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $767M |
| Other Non-Current Liabilities | $649M |
| TOTAL NON-CURRENT LIABILITIES | $8.3B |
| TOTAL LIABILITIES | $9.0B |
| Common Stock | $800.0K |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $152M |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$71M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | -$37M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $11.9B |
| Total Debt | $6.9B |
| Net Debt | $5.9B |
