| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $1.1B | 1.3% | 0.8% |
| Op. Income | $257M | $241M | $228M | 6.5% | 12.9% |
| Gross Margin | 45.4% | 44.9% | 43.8% | 0.5pp | 1.6pp |
| Net Margin | 13.8% | 14.9% | 8.3% | -1.1pp | 5.5pp |
| EPS (Diluted) | $0.60 | $0.64 | $0.36 | -6.3% | 66.7% |
| Free Cash Flow | $171M | $383M | $299M | -55.2% | -42.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $629M |
| GROSS PROFIT | $524M |
| R&D Expenses | $97M |
| Selling & Marketing | $85M |
| General & Administrative | $85M |
| SG&A Expenses | $170M |
| Other Expenses | $0 |
| Operating Expenses | $267M |
| Cost & Expenses | $896M |
| OPERATING INCOME | $257M |
| Interest Income | $0 |
| Interest Expense | $55M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $218M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $159M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $159M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159M |
| D&A | $180M |
| EBIT | $273M |
| EBITDA | $453M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $629M |
| GROSS PROFIT | $524M |
| R&D Expenses | $97M |
| Selling & Marketing | $85M |
| General & Administrative | $85M |
| SG&A Expenses | $170M |
| Other Expenses | $0 |
| Operating Expenses | $267M |
| Cost & Expenses | $896M |
| OPERATING INCOME | $257M |
| Interest Income | $0 |
| Interest Expense | $55M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $218M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $159M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $159M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159M |
| D&A | $180M |
| EBIT | $273M |
| EBITDA | $453M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $159M |
| Depreciation & Amortization | $180M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$32M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$123M |
| OPERATING CASH FLOW | $199M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $600.0K |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$73M |
| Common Stock Repurchased | -$192M |
| Common Dividends Paid | -$36M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$257M |
| FREE CASH FLOW | $171M |
| Net Change in Cash | -$82M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $185M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $774M |
| Goodwill | $8.0B |
| Intangible Assets | $4.4B |
| Long-Term Investments | $408M |
| Tax Assets | $0 |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $13.7B |
| TOTAL ASSETS | $15.5B |
| Account Payables | $28M |
| Short-Term Debt | $78M |
| Deferred Revenue | $320M |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $6.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $957M |
| Other Non-Current Liabilities | $302M |
| TOTAL NON-CURRENT LIABILITIES | $8.4B |
| TOTAL LIABILITIES | $10.1B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | $1.5B |
| Treasury Stock | -$288M |
| Accum. Other Comp. Income | -$302M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $15.5B |
| Total Debt | $7.2B |
| Net Debt | $7.0B |
