| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.9B | $2.0B | 8.1% | 0.7% |
| Op. Income | $478M | $415M | $476M | 15.2% | 0.4% |
| Gross Margin | 50.4% | 51.2% | 51.2% | -0.9pp | -0.8pp |
| Net Margin | 13.4% | 13.0% | 12.2% | 0.5pp | 1.2pp |
| EPS (Diluted) | $0.60 | $0.50 | $0.50 | 20.0% | 20.0% |
| Free Cash Flow | $362M | $504M | $465M | -28.2% | -22.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $64M |
| Selling & Marketing | $222M |
| General & Administrative | $131M |
| SG&A Expenses | $353M |
| Other Expenses | $125M |
| Operating Expenses | $542M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $478M |
| Interest Income | $0 |
| Interest Expense | $96M |
| Other Income/Expenses | -$134M |
| INCOME BEFORE TAX | $344M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $272M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $272M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $274M |
| D&A | $139M |
| EBIT | $440M |
| EBITDA | $579M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $64M |
| Selling & Marketing | $222M |
| General & Administrative | $131M |
| SG&A Expenses | $353M |
| Other Expenses | $125M |
| Operating Expenses | $542M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $478M |
| Interest Income | $0 |
| Interest Expense | $96M |
| Other Income/Expenses | -$134M |
| INCOME BEFORE TAX | $344M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $272M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $272M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $274M |
| D&A | $139M |
| EBIT | $440M |
| EBITDA | $579M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $272M |
| Depreciation & Amortization | $139M |
| Stock-Based Compensation | $58M |
| Deferred Income Tax | $59M |
| Other Non-Cash Items | $57M |
| Change in Working Capital | -$142M |
| OPERATING CASH FLOW | $443M |
| Capital Expenditure | -$81M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | -$1.5B |
| Common Stock Repurchased | -$471M |
| Common Dividends Paid | -$58M |
| Other Financing Activities | -$38M |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $362M |
| Net Change in Cash | -$1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $582M |
| Inventory | $10M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $829M |
| PP&E (Net) | $2.0B |
| Goodwill | $3.9B |
| Intangible Assets | $3.4B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $643M |
| TOTAL NON-CURRENT ASSETS | $9.9B |
| TOTAL ASSETS | $10.7B |
| Account Payables | $1.1B |
| Short-Term Debt | $2M |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $7.8B |
| Deferred Revenue NC | $121M |
| Deferred Tax Liabilities | $91M |
| Other Non-Current Liabilities | $126M |
| TOTAL NON-CURRENT LIABILITIES | $8.6B |
| TOTAL LIABILITIES | $11.6B |
| Common Stock | $4M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$891M |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$911M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$911M |
| TOTAL LIABILITIES & EQUITY | $10.7B |
| Total Debt | $8.3B |
| Net Debt | $8.3B |
