| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.5B | — | 20.6% | — |
| Op. Income | $118M | $52M | — | 126.9% | — |
| Gross Margin | 36.8% | 38.5% | — | -1.7pp | — |
| Net Margin | 5.1% | 1.8% | — | 3.3pp | — |
| EPS (Diluted) | $0.41 | $0.11 | — | 272.7% | — |
| Free Cash Flow | $88M | $15M | — | 486.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $651M |
| R&D Expenses | $76M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $444M |
| Other Expenses | $13M |
| Operating Expenses | $533M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $118M |
| Interest Income | $1M |
| Interest Expense | $30M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $90M |
| EBIT | $149M |
| EBITDA | $239M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $651M |
| R&D Expenses | $76M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $444M |
| Other Expenses | $13M |
| Operating Expenses | $533M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $118M |
| Interest Income | $1M |
| Interest Expense | $30M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $90M |
| EBIT | $149M |
| EBITDA | $239M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $90M |
| Depreciation & Amortization | $90M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | -$63M |
| OPERATING CASH FLOW | $106M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $27M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | -$150M |
| Common Dividends Paid | -$61M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $856M |
| FREE CASH FLOW | $88M |
| Net Change in Cash | $983M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.3B |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $978M |
| Other Current Assets | $233M |
| TOTAL CURRENT ASSETS | $6.5B |
| PP&E (Net) | $1.0B |
| Goodwill | $4.0B |
| Intangible Assets | $240M |
| Long-Term Investments | $1.9B |
| Tax Assets | $573M |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $15.4B |
| Account Payables | $1.0B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $729M |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $6.4B |
| TOTAL LIABILITIES | $9.7B |
| Common Stock | $214M |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $6.3B |
| Treasury Stock | -$150M |
| Accum. Other Comp. Income | -$3.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $4M |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $15.4B |
| Total Debt | $5.4B |
| Net Debt | $2.1B |
