| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $295M | $247M | $229M | 19.3% | 28.6% |
| Op. Income | $70M | $47M | $34M | 50.7% | 106.2% |
| Gross Margin | 59.1% | 55.7% | 52.4% | 3.4pp | 6.6pp |
| Net Margin | 17.5% | 13.6% | 9.3% | 3.9pp | 8.2pp |
| EPS (Diluted) | $0.58 | $0.38 | $0.25 | 52.6% | 132.0% |
| Free Cash Flow | $163M | $61M | $8M | 165.4% | 2058.4% |
| Item | Amount |
|---|---|
| REVENUE | $295M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $174M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $104M |
| Other Expenses | $0 |
| Operating Expenses | $104M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $70M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $7M |
| EBIT | $70M |
| EBITDA | $78M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $295M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $174M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $104M |
| Other Expenses | $0 |
| Operating Expenses | $104M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $70M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $7M |
| EBIT | $70M |
| EBITDA | $78M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $827.0K |
| Change in Working Capital | $108M |
| OPERATING CASH FLOW | $167M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$54M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$323.0K |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | $163M |
| Net Change in Cash | $107M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $235M |
| Short-Term Investments | $0 |
| Net Receivables | $71M |
| Inventory | $135M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $455M |
| PP&E (Net) | $110M |
| Goodwill | $54M |
| Intangible Assets | $92M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $883.0K |
| TOTAL NON-CURRENT ASSETS | $258M |
| TOTAL ASSETS | $713M |
| Account Payables | $102M |
| Short-Term Debt | $21M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $220M |
| Long-Term Debt | $215M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $270M |
| TOTAL LIABILITIES | $490M |
| Common Stock | $871.0K |
| Additional Paid-In Capital | $318M |
| Retained Earnings | -$96M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$96.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $223M |
| Minority Interest | $0 |
| TOTAL EQUITY | $223M |
| TOTAL LIABILITIES & EQUITY | $713M |
| Total Debt | $283M |
| Net Debt | $48M |
