| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $446M | $465M | $454M | -4.1% | -1.8% |
| Op. Income | $28M | $44M | $60M | -37.2% | -54.0% |
| Gross Margin | 31.9% | 35.1% | 38.3% | -3.2pp | -6.4pp |
| Net Margin | 4.8% | 7.5% | 10.4% | -2.7pp | -5.6pp |
| EPS (Diluted) | $1.12 | $1.82 | $2.46 | -38.5% | -54.5% |
| Free Cash Flow | $40M | $51M | $35M | -22.4% | 14.2% |
| Item | Amount |
|---|---|
| REVENUE | $446M |
| Cost of Revenue | $303M |
| GROSS PROFIT | $142M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $88M |
| Other Expenses | $26M |
| Operating Expenses | $115M |
| Cost & Expenses | $418M |
| OPERATING INCOME | $28M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | -$502.0K |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $26M |
| EBIT | $28M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $446M |
| Cost of Revenue | $303M |
| GROSS PROFIT | $142M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $88M |
| Other Expenses | $26M |
| Operating Expenses | $115M |
| Cost & Expenses | $418M |
| OPERATING INCOME | $28M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | -$502.0K |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $26M |
| EBIT | $28M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$646.0K |
| Other Non-Cash Items | $413.0K |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | -$77.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $25.0K |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$142.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $421M |
| Short-Term Investments | $0 |
| Net Receivables | $200M |
| Inventory | $266M |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $926M |
| PP&E (Net) | $629M |
| Goodwill | $425M |
| Intangible Assets | $87M |
| Long-Term Investments | $0 |
| Tax Assets | $458.0K |
| Other Non-Current Assets | $87M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $58M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $196M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $98M |
| Other Non-Current Liabilities | $120M |
| TOTAL NON-CURRENT LIABILITIES | $249M |
| TOTAL LIABILITIES | $445M |
| Common Stock | $2M |
| Additional Paid-In Capital | $86M |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $43M |
| Net Debt | -$378M |
