| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.5B | $1.4B | 18.4% | 22.3% |
| Op. Income | $275M | $185M | $102M | 48.1% | 169.5% |
| Gross Margin | 40.0% | 37.0% | 35.9% | 3.0pp | 4.1pp |
| Net Margin | 11.4% | 9.0% | 5.2% | 2.4pp | 6.3pp |
| EPS (Diluted) | $1.27 | $0.85 | $0.47 | 49.8% | 169.6% |
| Free Cash Flow | $461M | $129M | $73M | 258.5% | 535.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $706M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $431M |
| Other Expenses | $0 |
| Operating Expenses | $431M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $275M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $269M |
| Income Tax Expense | $67M |
| Net Income from Continuing Ops | $202M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $202M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $202M |
| D&A | $47M |
| EBIT | $275M |
| EBITDA | $322M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $706M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $431M |
| Other Expenses | $0 |
| Operating Expenses | $431M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $275M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $269M |
| Income Tax Expense | $67M |
| Net Income from Continuing Ops | $202M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $202M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $202M |
| D&A | $47M |
| EBIT | $275M |
| EBITDA | $322M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $202M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $54M |
| Change in Working Capital | $191M |
| OPERATING CASH FLOW | $510M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $265.0K |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | -$488M |
| Common Stock Repurchased | -$109M |
| Common Dividends Paid | -$37M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$638M |
| FREE CASH FLOW | $461M |
| Net Change in Cash | -$175M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $773M |
| Short-Term Investments | $0 |
| Net Receivables | $130M |
| Inventory | $1.1B |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $2.0B |
| Goodwill | $85M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $42M |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $562M |
| Short-Term Debt | $0 |
| Deferred Revenue | $350M |
| Other Current Liabilities | $100M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $299M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $122M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $768.0K |
| Additional Paid-In Capital | $623M |
| Retained Earnings | $792M |
| Treasury Stock | -$598.0K |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $1.5B |
| Net Debt | $771M |
