| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.6B | $2.4B | -6.1% | 0.9% |
| Op. Income | $100M | $179M | $217M | -44.0% | -53.9% |
| Gross Margin | 41.6% | 42.2% | 42.7% | -0.6pp | -1.1pp |
| Net Margin | 6.3% | 4.9% | 6.8% | 1.4pp | -0.5pp |
| EPS (Diluted) | $2.43 | $1.98 | $2.52 | 22.7% | -3.6% |
| Free Cash Flow | -$145M | $206M | $214M | -170.6% | -167.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $918M |
| Operating Expenses | $918M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $100M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | -$49M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $7M |
| Other Adjustments | $0 |
| NET INCOME | $155M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $33M |
| EBIT | $126M |
| EBITDA | $158M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $918M |
| Operating Expenses | $918M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $100M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | -$49M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $7M |
| Other Adjustments | $0 |
| NET INCOME | $155M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $33M |
| EBIT | $126M |
| EBITDA | $158M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $155M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $116M |
| Other Non-Cash Items | $102M |
| Change in Working Capital | -$541M |
| OPERATING CASH FLOW | -$124M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $10M |
| Purchases of Investments | -$716M |
| Sales/Maturities of Investments | $909M |
| Other Investing Activities | $300.0K |
| NET CASH FROM INVESTING | $182M |
| Net Debt Issuance | $199M |
| Common Stock Repurchased | -$57M |
| Common Dividends Paid | -$38M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $91M |
| FREE CASH FLOW | -$145M |
| Net Change in Cash | $133M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $11.9B |
| Net Receivables | $11.2B |
| Inventory | $0 |
| Other Current Assets | -$25.1B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $438M |
| Goodwill | $2.3B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $14.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$19.2B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $43.4B |
| Account Payables | $3.0B |
| Short-Term Debt | $200M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$3.6B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$2.0B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $38.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | $6.1B |
| Treasury Stock | -$5.3B |
| Accum. Other Comp. Income | $88M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $16M |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $43.4B |
| Total Debt | $2.2B |
| Net Debt | $208M |
