| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.2B | 7.9% | 27.5% |
| Op. Income | $285M | $354M | $258M | -19.6% | 10.2% |
| Gross Margin | 35.3% | 39.8% | 36.2% | -4.5pp | -0.9pp |
| Net Margin | 13.6% | 18.2% | 17.2% | -4.7pp | -3.6pp |
| EPS (Diluted) | $3.55 | $4.47 | $3.56 | -20.6% | -0.3% |
| Free Cash Flow | $637M | -$296M | $461M | 315.0% | 38.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $966M |
| GROSS PROFIT | $527M |
| R&D Expenses | $9M |
| Selling & Marketing | $56M |
| General & Administrative | $165M |
| SG&A Expenses | $221M |
| Other Expenses | $12M |
| Operating Expenses | $242M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $285M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $266M |
| Income Tax Expense | $62M |
| Net Income from Continuing Ops | $204M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $203M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $203M |
| D&A | $23M |
| EBIT | $286M |
| EBITDA | $310M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $966M |
| GROSS PROFIT | $527M |
| R&D Expenses | $9M |
| Selling & Marketing | $56M |
| General & Administrative | $165M |
| SG&A Expenses | $221M |
| Other Expenses | $12M |
| Operating Expenses | $242M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $285M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $266M |
| Income Tax Expense | $62M |
| Net Income from Continuing Ops | $204M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $203M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $203M |
| D&A | $23M |
| EBIT | $286M |
| EBITDA | $310M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $203M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $402M |
| OPERATING CASH FLOW | $650M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$605M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | -$625M |
| FREE CASH FLOW | $637M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $970M |
| Inventory | $493M |
| Other Current Assets | $178M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $533M |
| Goodwill | $540M |
| Intangible Assets | $685M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $340M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $311M |
| Short-Term Debt | $206M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $590M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $250M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $466M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.6B |
| Treasury Stock | -$922M |
| Accum. Other Comp. Income | -$102M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $999M |
| Minority Interest | $5M |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $1.7B |
| Net Debt | $1.7B |
