| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $1.8B | $1.9B | 19.3% | 14.5% |
| Op. Income | $952M | $588M | $714M | 62.0% | 33.4% |
| Gross Margin | 46.3% | 34.7% | 40.1% | 11.6pp | 6.2pp |
| Net Margin | 23.8% | 14.5% | 21.0% | 9.2pp | 2.8pp |
| EPS (Diluted) | $0.65 | $0.34 | $0.50 | 91.2% | 30.0% |
| Free Cash Flow | $659M | $306M | $403M | 115.4% | 63.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $986M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $952M |
| Interest Income | $3M |
| Interest Expense | $89M |
| Other Income/Expenses | -$106M |
| INCOME BEFORE TAX | $847M |
| Income Tax Expense | $339M |
| Net Income from Continuing Ops | $508M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $506M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $506M |
| D&A | $196M |
| EBIT | $933M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $986M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $952M |
| Interest Income | $3M |
| Interest Expense | $89M |
| Other Income/Expenses | -$106M |
| INCOME BEFORE TAX | $847M |
| Income Tax Expense | $339M |
| Net Income from Continuing Ops | $508M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $506M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $506M |
| D&A | $196M |
| EBIT | $933M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $508M |
| Depreciation & Amortization | $196M |
| Stock-Based Compensation | $400.0K |
| Deferred Income Tax | -$46M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $130M |
| OPERATING CASH FLOW | $794M |
| Capital Expenditure | -$135M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $800.0K |
| NET CASH FROM INVESTING | -$134M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$309M |
| Other Financing Activities | $300.0K |
| NET CASH FROM FINANCING | -$309M |
| FREE CASH FLOW | $659M |
| Net Change in Cash | $337M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $31M |
| Net Receivables | $1.0B |
| Inventory | $977M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $10.1B |
| Goodwill | $0 |
| Intangible Assets | $145M |
| Long-Term Investments | $110M |
| Tax Assets | $214M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $11.9B |
| TOTAL ASSETS | $16.2B |
| Account Payables | $567M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $6.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $140M |
| Other Non-Current Liabilities | $410M |
| TOTAL NON-CURRENT LIABILITIES | $8.0B |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $9M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $6.6B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.0B |
| Minority Interest | $50M |
| TOTAL EQUITY | $7.1B |
| TOTAL LIABILITIES & EQUITY | $16.2B |
| Total Debt | $7.5B |
| Net Debt | $5.4B |
