| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $747M | $534M | $714M | 39.9% | 4.5% |
| Op. Income | $179M | $90M | $155M | 98.4% | 15.3% |
| Gross Margin | 44.4% | 43.3% | 43.1% | 1.1pp | 1.3pp |
| Net Margin | 18.9% | 12.8% | 16.9% | 6.1pp | 1.9pp |
| EPS (Diluted) | $0.84 | $0.41 | $0.71 | 104.9% | 18.3% |
| Free Cash Flow | $233M | $173M | $138M | 34.8% | 68.2% |
| Item | Amount |
|---|---|
| REVENUE | $747M |
| Cost of Revenue | $415M |
| GROSS PROFIT | $331M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $121M |
| Other Expenses | -$100.0K |
| Operating Expenses | $153M |
| Cost & Expenses | $568M |
| OPERATING INCOME | $179M |
| Interest Income | $0 |
| Interest Expense | $200.0K |
| Other Income/Expenses | -$300.0K |
| INCOME BEFORE TAX | $178M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $141M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $141M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $141M |
| D&A | $21M |
| EBIT | $179M |
| EBITDA | $199M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $747M |
| Cost of Revenue | $415M |
| GROSS PROFIT | $331M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $121M |
| Other Expenses | -$100.0K |
| Operating Expenses | $153M |
| Cost & Expenses | $568M |
| OPERATING INCOME | $179M |
| Interest Income | $0 |
| Interest Expense | $200.0K |
| Other Income/Expenses | -$300.0K |
| INCOME BEFORE TAX | $178M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $141M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $141M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $141M |
| D&A | $21M |
| EBIT | $179M |
| EBITDA | $199M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $141M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$500.0K |
| Change in Working Capital | $78M |
| OPERATING CASH FLOW | $246M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $200.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$237M |
| NET CASH FROM FINANCING | -$238M |
| FREE CASH FLOW | $233M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $0 |
| Net Receivables | $431M |
| Inventory | $218M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $756M |
| PP&E (Net) | $135M |
| Goodwill | $1.1B |
| Intangible Assets | $251M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $403M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $356M |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $705M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $281M |
| TOTAL NON-CURRENT LIABILITIES | $311M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $137M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $4M |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $54M |
| Net Debt | $54M |
