| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $2.1B | $2.0B | -51.8% | -49.1% |
| Op. Income | -$168M | $387M | $429M | -143.4% | -139.2% |
| Gross Margin | 127.2% | 63.8% | 102.8% | 63.5pp | 24.5pp |
| Net Margin | -14.1% | 10.2% | 16.7% | -24.2pp | -30.8pp |
| EPS (Diluted) | $-1.56 | $2.31 | $3.63 | -167.5% | -143.0% |
| Free Cash Flow | $523M | $754M | $454M | -30.6% | 15.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | -$273M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$1.7B |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | -$168M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | $211M |
| INCOME BEFORE TAX | -$185M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | -$304M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $163M |
| NET INCOME | -$141M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$141M |
| D&A | $168M |
| EBIT | -$371M |
| EBITDA | -$258M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$141M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $735M |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | $532M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$5.1B |
| Sales/Maturities of Investments | $3.4B |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$61M |
| Common Dividends Paid | -$40M |
| Other Financing Activities | $571M |
| NET CASH FROM FINANCING | $480M |
| FREE CASH FLOW | $523M |
| Net Change in Cash | -$641M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $162M |
| Goodwill | $207M |
| Intangible Assets | $1.6B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $64.0B |
| TOTAL NON-CURRENT ASSETS | $66.0B |
| TOTAL ASSETS | $67.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $90M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $3.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $2.6B |
| Net Debt | $931M |
