| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $792M | $734M | $784M | 8.0% | 1.0% |
| Op. Income | $102M | $98M | $92M | 4.5% | 11.2% |
| Gross Margin | 55.5% | 55.3% | 53.8% | 0.2pp | 1.7pp |
| Net Margin | 10.7% | 8.6% | 10.0% | 2.1pp | 0.7pp |
| EPS (Diluted) | $0.34 | $0.25 | $0.31 | 36.0% | 9.7% |
| Free Cash Flow | $165M | $135M | $121M | 22.6% | 36.1% |
| Item | Amount |
|---|---|
| REVENUE | $792M |
| Cost of Revenue | $352M |
| GROSS PROFIT | $440M |
| R&D Expenses | $118M |
| Selling & Marketing | $112M |
| General & Administrative | $79M |
| SG&A Expenses | $191M |
| Other Expenses | $29M |
| Operating Expenses | $338M |
| Cost & Expenses | $690M |
| OPERATING INCOME | $102M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $50M |
| EBIT | $116M |
| EBITDA | $166M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $792M |
| Cost of Revenue | $352M |
| GROSS PROFIT | $440M |
| R&D Expenses | $118M |
| Selling & Marketing | $112M |
| General & Administrative | $79M |
| SG&A Expenses | $191M |
| Other Expenses | $29M |
| Operating Expenses | $338M |
| Cost & Expenses | $690M |
| OPERATING INCOME | $102M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $50M |
| EBIT | $116M |
| EBITDA | $166M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $181M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$900.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$300.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$171M |
| Common Stock Repurchased | -$28M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | -$182M |
| FREE CASH FLOW | $165M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $184M |
| Short-Term Investments | $0 |
| Net Receivables | $489M |
| Inventory | $319M |
| Other Current Assets | $109M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $383M |
| Goodwill | $3.8B |
| Intangible Assets | $610M |
| Long-Term Investments | $0 |
| Tax Assets | $457M |
| Other Non-Current Assets | $237M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $131M |
| Short-Term Debt | $280M |
| Deferred Revenue | $445M |
| Other Current Liabilities | $335M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $56M |
| Deferred Tax Liabilities | $309M |
| Other Non-Current Liabilities | $214M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$161M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $1M |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $1.8B |
| Net Debt | $1.6B |
