| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $263M | $298M | $237M | -11.9% | 10.9% |
| Op. Income | $52M | $115M | $39M | -55.2% | 32.3% |
| Gross Margin | 18.0% | 38.1% | 16.6% | -20.1pp | 1.4pp |
| Net Margin | 16.1% | 30.9% | 13.6% | -14.8pp | 2.5pp |
| EPS (Diluted) | $0.47 | $1.02 | $0.35 | -54.4% | 31.0% |
| Free Cash Flow | $78M | $88M | $80M | -11.5% | -3.0% |
| Item | Amount |
|---|---|
| REVENUE | $263M |
| Cost of Revenue | $215M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$7M |
| Operating Expenses | -$4M |
| Cost & Expenses | $211M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $0 |
| EBIT | $53M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $263M |
| Cost of Revenue | $215M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$7M |
| Operating Expenses | -$4M |
| Cost & Expenses | $211M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $0 |
| EBIT | $53M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $100.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $35M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $79M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$197M |
| Sales/Maturities of Investments | $119M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$88M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $2.2B |
| Net Receivables | $559M |
| Inventory | $0 |
| Other Current Assets | -$2.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $52M |
| Goodwill | $46M |
| Intangible Assets | $8M |
| Long-Term Investments | $2.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$2.8B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $3.8B |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$78M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $149M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $66M |
| Other Non-Current Liabilities | -$215M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $680.0K |
| Additional Paid-In Capital | $333M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$401M |
| Accum. Other Comp. Income | $103M |
| Other Equity | $8M |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $149M |
| Net Debt | $79M |
