| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $358M | $359M | $395M | -0.1% | -9.3% |
| Op. Income | $56M | $89M | $109M | -37.3% | -48.6% |
| Gross Margin | 68.4% | 80.8% | 75.6% | -12.4pp | -7.2pp |
| Net Margin | 12.8% | 20.1% | 21.9% | -7.3pp | -9.2pp |
| EPS (Diluted) | $0.27 | $0.43 | $0.50 | -37.2% | -46.0% |
| Free Cash Flow | -$31M | $87M | -$27M | -135.9% | -16.2% |
| Item | Amount |
|---|---|
| REVENUE | $358M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $245M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $120M |
| SG&A Expenses | $126M |
| Other Expenses | $64M |
| Operating Expenses | $189M |
| Cost & Expenses | $302M |
| OPERATING INCOME | $56M |
| Interest Income | $263M |
| Interest Expense | $60M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.0K |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $27M |
| EBIT | $56M |
| EBITDA | $83M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $358M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $245M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $120M |
| SG&A Expenses | $126M |
| Other Expenses | $64M |
| Operating Expenses | $189M |
| Cost & Expenses | $302M |
| OPERATING INCOME | $56M |
| Interest Income | $263M |
| Interest Expense | $60M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.0K |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $27M |
| EBIT | $56M |
| EBITDA | $83M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $29M |
| Change in Working Capital | -$128M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$31M |
| Purchases of Investments | -$141M |
| Sales/Maturities of Investments | $636M |
| Other Investing Activities | -$1.4B |
| NET CASH FROM INVESTING | -$928M |
| Net Debt Issuance | -$300M |
| Common Stock Repurchased | -$77M |
| Common Dividends Paid | -$28M |
| Other Financing Activities | $1.4B |
| NET CASH FROM FINANCING | $1.0B |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | $90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $657M |
| Short-Term Investments | $2.9B |
| Net Receivables | $92M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $438M |
| Goodwill | $1.2B |
| Intangible Assets | $151M |
| Long-Term Investments | $26.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $30.2B |
| TOTAL ASSETS | $33.9B |
| Account Payables | $0 |
| Short-Term Debt | $464M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25.7B |
| TOTAL CURRENT LIABILITIES | $26.6B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $56M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $30.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$454M |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $33.9B |
| Total Debt | $3.9B |
| Net Debt | $3.3B |
