| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.7B | — | $6.5B | — | 4.0% |
| Op. Income | $631M | — | $451M | — | 39.9% |
| Gross Margin | 42.6% | — | 37.8% | — | 4.8pp |
| Net Margin | 5.1% | — | 5.2% | — | -0.1pp |
| EPS (Diluted) | $0.30 | — | $0.32 | — | -6.3% |
| Free Cash Flow | $276M | — | -$129M | — | 314.0% |
| Item | Amount |
|---|---|
| REVENUE | $6.7B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $750M |
| Other Expenses | -$60M |
| Operating Expenses | $2.2B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $631M |
| Interest Income | $15M |
| Interest Expense | $94M |
| Other Income/Expenses | -$259M |
| INCOME BEFORE TAX | $372M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $341M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $341M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $341M |
| D&A | $258M |
| EBIT | $466M |
| EBITDA | $724M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.7B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $750M |
| Other Expenses | -$60M |
| Operating Expenses | $2.2B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $631M |
| Interest Income | $15M |
| Interest Expense | $94M |
| Other Income/Expenses | -$259M |
| INCOME BEFORE TAX | $372M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $341M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $341M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $341M |
| D&A | $258M |
| EBIT | $466M |
| EBITDA | $724M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $341M |
| Depreciation & Amortization | $258M |
| Stock-Based Compensation | $197M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $243M |
| Change in Working Capital | -$542M |
| OPERATING CASH FLOW | $493M |
| Capital Expenditure | -$217M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$284M |
| Sales/Maturities of Investments | $325M |
| Other Investing Activities | $27M |
| NET CASH FROM INVESTING | -$149M |
| Net Debt Issuance | -$473M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $522M |
| NET CASH FROM FINANCING | $43M |
| FREE CASH FLOW | $276M |
| Net Change in Cash | $387M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $37M |
| Net Receivables | $1.9B |
| Inventory | $982M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $705M |
| Goodwill | $289M |
| Intangible Assets | $210M |
| Long-Term Investments | $58M |
| Tax Assets | $22M |
| Other Non-Current Assets | $147M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $988M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $314M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $486M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $157M |
| TOTAL NON-CURRENT LIABILITIES | $842M |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $12M |
| Additional Paid-In Capital | $10.0B |
| Retained Earnings | -$7.1B |
| Treasury Stock | -$53M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $728M |
| Net Debt | -$738M |
