| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $475M | $359M | $637M | 32.2% | -25.5% |
| Op. Income | $13M | -$21M | $29M | 159.9% | -56.4% |
| Gross Margin | 23.3% | 23.2% | 26.6% | 0.1pp | -3.3pp |
| Net Margin | 1.9% | -2.3% | 4.2% | 4.1pp | -2.3pp |
| EPS (Diluted) | $0.25 | $-0.23 | $0.68 | 208.7% | -63.2% |
| Free Cash Flow | -$9M | $71M | $8M | -113.1% | -211.9% |
| Item | Amount |
|---|---|
| REVENUE | $475M |
| Cost of Revenue | $364M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $90M |
| Other Expenses | $8M |
| Operating Expenses | $98M |
| Cost & Expenses | $462M |
| OPERATING INCOME | $13M |
| Interest Income | $454.0K |
| Interest Expense | $628.0K |
| Other Income/Expenses | -$174.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $8M |
| EBIT | $13M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $475M |
| Cost of Revenue | $364M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $90M |
| Other Expenses | $8M |
| Operating Expenses | $98M |
| Cost & Expenses | $462M |
| OPERATING INCOME | $13M |
| Interest Income | $454.0K |
| Interest Expense | $628.0K |
| Other Income/Expenses | -$174.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $8M |
| EBIT | $13M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$44M |
| Common Stock Repurchased | -$375.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $106.0K |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $296M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $351M |
| PP&E (Net) | $105M |
| Goodwill | $94M |
| Intangible Assets | $31M |
| Long-Term Investments | $0 |
| Tax Assets | $29M |
| Other Non-Current Assets | $299M |
| TOTAL NON-CURRENT ASSETS | $557M |
| TOTAL ASSETS | $908M |
| Account Payables | $56M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $72M |
| TOTAL CURRENT LIABILITIES | $202M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $218M |
| TOTAL NON-CURRENT LIABILITIES | $282M |
| TOTAL LIABILITIES | $484M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $442M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $424M |
| Minority Interest | $0 |
| TOTAL EQUITY | $424M |
| TOTAL LIABILITIES & EQUITY | $908M |
| Total Debt | $41M |
| Net Debt | $13M |
