| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $970M | $935M | $769M | 3.7% | 26.1% |
| Op. Income | $171M | $240M | $205M | -29.0% | -16.5% |
| Gross Margin | 21.0% | 27.6% | 30.3% | -6.7pp | -9.4pp |
| Net Margin | 18.1% | 22.6% | 24.8% | -4.5pp | -6.7pp |
| EPS (Diluted) | $0.22 | $0.27 | $0.24 | -17.3% | -8.4% |
| Free Cash Flow | $216M | -$199M | $207M | 208.6% | 4.4% |
| Item | Amount |
|---|---|
| REVENUE | $970M |
| Cost of Revenue | $766M |
| GROSS PROFIT | $203M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | -$22M |
| Operating Expenses | $32M |
| Cost & Expenses | $799M |
| OPERATING INCOME | $171M |
| Interest Income | $14M |
| Interest Expense | $2M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $177M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $175M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $175M |
| D&A | $0 |
| EBIT | $175M |
| EBITDA | $175M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $970M |
| Cost of Revenue | $766M |
| GROSS PROFIT | $203M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | -$22M |
| Operating Expenses | $32M |
| Cost & Expenses | $799M |
| OPERATING INCOME | $171M |
| Interest Income | $14M |
| Interest Expense | $2M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $177M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $175M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $175M |
| D&A | $0 |
| EBIT | $175M |
| EBITDA | $175M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $175M |
| Depreciation & Amortization | $70M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $41M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $216M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $172M |
| NET CASH FROM INVESTING | $172M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.3B |
| NET CASH FROM FINANCING | $1.3B |
| FREE CASH FLOW | $216M |
| Net Change in Cash | $1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $702M |
| Net Receivables | $98M |
| Inventory | $7M |
| Other Current Assets | $154M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $2.5B |
| Goodwill | $619M |
| Intangible Assets | $606M |
| Long-Term Investments | $693M |
| Tax Assets | $103M |
| Other Non-Current Assets | $266M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $8.6B |
| Account Payables | $214M |
| Short-Term Debt | $410M |
| Deferred Revenue | $166M |
| Other Current Liabilities | $596M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $98M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $80.0K |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | $2.9B |
| Treasury Stock | -$197M |
| Accum. Other Comp. Income | $73M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.0B |
| Minority Interest | $16M |
| TOTAL EQUITY | $7.1B |
| TOTAL LIABILITIES & EQUITY | $8.6B |
| Total Debt | $516M |
| Net Debt | -$1.9B |
