| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.0B | $1.9B | 40.0% | -26.2% |
| Op. Income | $163M | -$168M | $276M | 197.0% | -40.9% |
| Gross Margin | 139.1% | 127.2% | 103.1% | 11.8pp | 36.0pp |
| Net Margin | 8.1% | -14.1% | 11.0% | 22.1pp | -3.0pp |
| EPS (Diluted) | $1.26 | $-1.56 | $2.31 | 180.8% | -45.5% |
| Free Cash Flow | $544M | $523M | $423M | 4.0% | 28.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | -$548M |
| GROSS PROFIT | $2.0B |
| 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 | $163M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$155M |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $103M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $10M |
| NET INCOME | $113M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | -$163M |
| EBIT | $241M |
| EBITDA | -$13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | -$548M |
| GROSS PROFIT | $2.0B |
| 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 | $163M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$155M |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $103M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $10M |
| NET INCOME | $113M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | -$163M |
| EBIT | $241M |
| EBITDA | -$13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $113M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $215M |
| Change in Working Capital | $227M |
| OPERATING CASH FLOW | $555M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$2.6B |
| Sales/Maturities of Investments | $3.0B |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $357M |
| Net Debt Issuance | $439M |
| Common Stock Repurchased | -$76M |
| Common Dividends Paid | -$41M |
| Other Financing Activities | -$211M |
| NET CASH FROM FINANCING | $113M |
| FREE CASH FLOW | $544M |
| Net Change in Cash | $1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.7B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $163M |
| Goodwill | $207M |
| Intangible Assets | $855M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $66.9B |
| TOTAL NON-CURRENT ASSETS | $68.2B |
| TOTAL ASSETS | $70.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $89M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $3.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.1B |
| TOTAL LIABILITIES & EQUITY | $9.2B |
| Total Debt | $3.0B |
| Net Debt | $349M |
