| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.2B | $20.4B | $7.9B | -59.5% | 4.7% |
| Op. Income | $228M | $243M | $166M | -6.4% | 37.6% |
| Gross Margin | 1.3% | 0.7% | 1.4% | 0.7pp | -0.0pp |
| Net Margin | 0.4% | 0.2% | 0.2% | 0.3pp | 0.2pp |
| EPS (Diluted) | $0.83 | $0.89 | $0.37 | -6.7% | 124.3% |
| Free Cash Flow | $36M | $500M | $460M | -92.8% | -92.1% |
| Item | Amount |
|---|---|
| REVENUE | $8.2B |
| Cost of Revenue | $8.1B |
| GROSS PROFIT | $111M |
| R&D Expenses | $0 |
| Selling & Marketing | $500.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | -$132M |
| Operating Expenses | -$117M |
| Cost & Expenses | $8.0B |
| OPERATING INCOME | $228M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$179M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $7M |
| EBIT | $64M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $8.2B |
| Cost of Revenue | $8.1B |
| GROSS PROFIT | $111M |
| R&D Expenses | $0 |
| Selling & Marketing | $500.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | -$132M |
| Operating Expenses | -$117M |
| Cost & Expenses | $8.0B |
| OPERATING INCOME | $228M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$179M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $7M |
| EBIT | $64M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $300.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $381M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $374M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $408M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $465M |
| Short-Term Investments | $0 |
| Net Receivables | $416M |
| Inventory | $270M |
| Other Current Assets | $4.7B |
| TOTAL CURRENT ASSETS | $9.3B |
| PP&E (Net) | $127M |
| Goodwill | $55M |
| Intangible Assets | $21M |
| Long-Term Investments | $2.8B |
| Tax Assets | $13M |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $12.4B |
| Account Payables | $4.6B |
| Short-Term Debt | $314M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $5.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $728M |
| TOTAL NON-CURRENT LIABILITIES | $6.3B |
| TOTAL LIABILITIES | $11.7B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $289M |
| Retained Earnings | $495M |
| Treasury Stock | -$58M |
| Accum. Other Comp. Income | -$38M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $689M |
| Minority Interest | $0 |
| TOTAL EQUITY | $689M |
| TOTAL LIABILITIES & EQUITY | $12.4B |
| Total Debt | $5.9B |
| Net Debt | $5.4B |
