| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $524M | $720M | $752M | -27.3% | -30.3% |
| Op. Income | $39M | $128M | $99M | -69.5% | -60.6% |
| Gross Margin | 24.5% | 28.1% | 25.2% | -3.6pp | -0.7pp |
| Net Margin | 7.3% | 12.7% | 8.8% | -5.3pp | -1.4pp |
| EPS (Diluted) | $0.61 | $1.41 | $1.02 | -56.7% | -40.2% |
| Free Cash Flow | $151M | $13M | $52M | 1094.2% | 187.0% |
| Item | Amount |
|---|---|
| REVENUE | $524M |
| Cost of Revenue | $396M |
| GROSS PROFIT | $128M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $89M |
| Cost & Expenses | $485M |
| OPERATING INCOME | $39M |
| Interest Income | $377.0K |
| Interest Expense | $9M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $32M |
| EBIT | $39M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $524M |
| Cost of Revenue | $396M |
| GROSS PROFIT | $128M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $89M |
| Cost & Expenses | $485M |
| OPERATING INCOME | $39M |
| Interest Income | $377.0K |
| Interest Expense | $9M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $32M |
| EBIT | $39M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$28M |
| Change in Working Capital | $113M |
| OPERATING CASH FLOW | $160M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $10M |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $16.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$145M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$148M |
| FREE CASH FLOW | $151M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $101M |
| Short-Term Investments | $0 |
| Net Receivables | $572M |
| Inventory | $506M |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $1.0B |
| Goodwill | $796M |
| Intangible Assets | $595M |
| Long-Term Investments | $9M |
| Tax Assets | $18M |
| Other Non-Current Assets | $242M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $161M |
| Short-Term Debt | $200M |
| Deferred Revenue | $30M |
| Other Current Liabilities | -$3M |
| TOTAL CURRENT LIABILITIES | $536M |
| Long-Term Debt | $729M |
| Deferred Revenue NC | $356M |
| Deferred Tax Liabilities | $157M |
| Other Non-Current Liabilities | $203M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $233M |
| Retained Earnings | $2.4B |
| Treasury Stock | -$602M |
| Accum. Other Comp. Income | -$104M |
| Other Equity | $10M |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $952M |
| Net Debt | $851M |
