| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $527M | $491M | $469M | 7.2% | 12.2% |
| Op. Income | $108M | $85M | $78M | 28.0% | 39.4% |
| Gross Margin | 36.9% | 34.0% | 33.6% | 2.9pp | 3.4pp |
| Net Margin | 17.3% | 15.1% | 14.1% | 2.2pp | 3.2pp |
| EPS (Diluted) | $1.21 | $0.99 | $0.88 | 22.2% | 37.5% |
| Free Cash Flow | $107M | $25M | $77M | 328.8% | 39.6% |
| Item | Amount |
|---|---|
| REVENUE | $527M |
| Cost of Revenue | $332M |
| GROSS PROFIT | $195M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $76M |
| Other Expenses | $0 |
| Operating Expenses | $86M |
| Cost & Expenses | $419M |
| OPERATING INCOME | $108M |
| Interest Income | $200.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $26M |
| EBIT | $104M |
| EBITDA | $130M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $527M |
| Cost of Revenue | $332M |
| GROSS PROFIT | $195M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $76M |
| Other Expenses | $0 |
| Operating Expenses | $86M |
| Cost & Expenses | $419M |
| OPERATING INCOME | $108M |
| Interest Income | $200.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $26M |
| EBIT | $104M |
| EBITDA | $130M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $91M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $900.0K |
| Other Non-Cash Items | -$800.0K |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $148M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | -$900.0K |
| FREE CASH FLOW | $107M |
| Net Change in Cash | $111M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $446M |
| Short-Term Investments | $0 |
| Net Receivables | $341M |
| Inventory | $275M |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $908M |
| Goodwill | $108M |
| Intangible Assets | $31M |
| Long-Term Investments | $200M |
| Tax Assets | $14M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $162M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $102M |
| TOTAL CURRENT LIABILITIES | $375M |
| Long-Term Debt | $254M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $96M |
| TOTAL NON-CURRENT LIABILITIES | $411M |
| TOTAL LIABILITIES | $786M |
| Common Stock | $19M |
| Additional Paid-In Capital | $263M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$191M |
| Accum. Other Comp. Income | -$188M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $327M |
| Net Debt | -$119M |
