| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $258M | $279M | $205M | -7.5% | 25.7% |
| Op. Income | $69M | $127M | -$15M | -45.5% | 553.2% |
| Gross Margin | 35.9% | 52.4% | 0.5% | -16.5pp | 35.4pp |
| Net Margin | 26.6% | 44.5% | -7.4% | -17.8pp | 34.0pp |
| EPS (Diluted) | $0.73 | $1.33 | $-0.16 | -45.1% | 556.3% |
| Free Cash Flow | $15M | $34M | -$1M | -55.8% | 1438.6% |
| Item | Amount |
|---|---|
| REVENUE | $258M |
| Cost of Revenue | $165M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $2M |
| Operating Expenses | $23M |
| Cost & Expenses | $188M |
| OPERATING INCOME | $69M |
| Interest Income | $5M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $700.0K |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $0 |
| EBIT | $72M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $258M |
| Cost of Revenue | $165M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $2M |
| Operating Expenses | $23M |
| Cost & Expenses | $188M |
| OPERATING INCOME | $69M |
| Interest Income | $5M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $700.0K |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $0 |
| EBIT | $72M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$111M |
| Change in Working Capital | $55M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $72M |
| Other Investing Activities | $86M |
| NET CASH FROM INVESTING | $139M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $143M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $514M |
| Short-Term Investments | $0 |
| Net Receivables | $575M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $143M |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$143M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $134M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$134M |
| TOTAL CURRENT LIABILITIES | $134M |
| Long-Term Debt | $114M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | -$2.0B |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $115M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $10M |
| Additional Paid-In Capital | $932M |
| Retained Earnings | $486M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $999.0K |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $114M |
| Net Debt | -$400M |
