| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.9B | $2.0B | 6.7% | -1.4% |
| Op. Income | $357M | $317M | $408M | 12.8% | -12.5% |
| Gross Margin | 30.4% | 30.1% | 32.1% | 0.3pp | -1.8pp |
| Net Margin | 13.0% | 13.0% | 14.3% | -0.0pp | -1.3pp |
| EPS (Diluted) | $0.21 | $0.20 | $0.24 | 5.0% | -12.5% |
| Free Cash Flow | $301M | $324M | $247M | -7.1% | 21.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $604M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $246M |
| Other Expenses | $0 |
| Operating Expenses | $246M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $357M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $329M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $261M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $258M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $258M |
| D&A | $72M |
| EBIT | $359M |
| EBITDA | $430M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $604M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $246M |
| Other Expenses | $0 |
| Operating Expenses | $246M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $357M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $329M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $261M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $258M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $258M |
| D&A | $72M |
| EBIT | $359M |
| EBITDA | $430M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $258M |
| Depreciation & Amortization | $72M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $368M |
| Capital Expenditure | -$68M |
| Acquisitions (Net) | $68M |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$67M |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$74M |
| Other Financing Activities | -$81M |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $301M |
| Net Change in Cash | -$1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $26M |
| Net Receivables | $1.7B |
| Inventory | $1.4B |
| Other Current Assets | $284M |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $1.0B |
| Goodwill | $4.9B |
| Intangible Assets | $416M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $301M |
| TOTAL NON-CURRENT ASSETS | $6.6B |
| TOTAL ASSETS | $11.2B |
| Account Payables | $928M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $557M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $271M |
| Other Non-Current Liabilities | $584M |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $6.4B |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $3.4B |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | -$495M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $62M |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $11.2B |
| Total Debt | $3.8B |
| Net Debt | $2.5B |
