| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $964M | $812M | $707M | 18.8% | 36.4% |
| Op. Income | $250M | $174M | $96M | 43.5% | 161.2% |
| Gross Margin | 51.4% | 51.3% | 44.7% | 0.0pp | 6.6pp |
| Net Margin | 18.3% | 16.9% | 8.3% | 1.4pp | 10.0pp |
| EPS (Diluted) | $1.57 | $1.23 | $0.52 | 28.3% | 199.8% |
| Free Cash Flow | $191M | $122M | $90M | 56.8% | 112.2% |
| Item | Amount |
|---|---|
| REVENUE | $964M |
| Cost of Revenue | $469M |
| GROSS PROFIT | $495M |
| R&D Expenses | $50M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $195M |
| Other Expenses | $0 |
| Operating Expenses | $246M |
| Cost & Expenses | $714M |
| OPERATING INCOME | $250M |
| Interest Income | $205.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $234M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $177M |
| Net Income from Discontinued Ops | -$37.0K |
| Other Adjustments | $0 |
| NET INCOME | $177M |
| Net Income Deductions | -$37.0K |
| BOTTOM LINE NET INCOME | $177M |
| D&A | $62M |
| EBIT | $246M |
| EBITDA | $308M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $964M |
| Cost of Revenue | $469M |
| GROSS PROFIT | $495M |
| R&D Expenses | $50M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $195M |
| Other Expenses | $0 |
| Operating Expenses | $246M |
| Cost & Expenses | $714M |
| OPERATING INCOME | $250M |
| Interest Income | $205.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $234M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $177M |
| Net Income from Discontinued Ops | -$37.0K |
| Other Adjustments | $0 |
| NET INCOME | $177M |
| Net Income Deductions | -$37.0K |
| BOTTOM LINE NET INCOME | $177M |
| D&A | $62M |
| EBIT | $246M |
| EBITDA | $308M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $177M |
| Depreciation & Amortization | $62M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | $211M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$104.0K |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$158M |
| Common Stock Repurchased | -$160.0K |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$156M |
| FREE CASH FLOW | $191M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $258M |
| Short-Term Investments | $0 |
| Net Receivables | $798M |
| Inventory | $487M |
| Other Current Assets | $133M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $530M |
| Goodwill | $3.2B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $316M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $6.9B |
| Account Payables | $258M |
| Short-Term Debt | $360M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $721M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $112M |
| Additional Paid-In Capital | $129M |
| Retained Earnings | $3.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$144M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $6.9B |
| Total Debt | $2.0B |
| Net Debt | $1.8B |
