| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $338M | $332M | $411M | 1.9% | -17.6% |
| Op. Income | $30M | $30M | $66M | 1.4% | -54.0% |
| Gross Margin | 32.0% | 31.0% | 33.9% | 0.9pp | -2.0pp |
| Net Margin | 12.9% | 11.0% | 10.1% | 1.9pp | 2.8pp |
| EPS (Diluted) | $0.83 | $0.70 | $0.81 | 18.6% | 2.5% |
| Free Cash Flow | -$8M | $33M | $51M | -125.9% | -116.5% |
| Item | Amount |
|---|---|
| REVENUE | $338M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $108M |
| R&D Expenses | $41M |
| Selling & Marketing | $22M |
| General & Administrative | $15M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $308M |
| OPERATING INCOME | $30M |
| Interest Income | $16M |
| Interest Expense | $0 |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | -$137.0K |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $8M |
| EBIT | $30M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $338M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $108M |
| R&D Expenses | $41M |
| Selling & Marketing | $22M |
| General & Administrative | $15M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $308M |
| OPERATING INCOME | $30M |
| Interest Income | $16M |
| Interest Expense | $0 |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | -$137.0K |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $8M |
| EBIT | $30M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $614.0K |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $24M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $618M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $628M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $620M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $131M |
| Net Receivables | $183M |
| Inventory | $297M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $295M |
| Goodwill | $133M |
| Intangible Assets | $68M |
| Long-Term Investments | $21M |
| Tax Assets | $11M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $533M |
| TOTAL ASSETS | $2.3B |
| Account Payables | $122M |
| Short-Term Debt | $16M |
| Deferred Revenue | $27M |
| Other Current Liabilities | $167M |
| TOTAL CURRENT LIABILITIES | $383M |
| Long-Term Debt | $570M |
| Deferred Revenue NC | $109M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $149M |
| TOTAL NON-CURRENT LIABILITIES | $864M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $574M |
| Retained Earnings | $460M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $615M |
| Net Debt | -$433M |
