| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.1B | $1.2B | 41.4% | 29.8% |
| Op. Income | $184M | $14M | $73M | 1210.7% | 153.0% |
| Gross Margin | 30.9% | 26.2% | 31.1% | 4.7pp | -0.2pp |
| Net Margin | 10.4% | -0.9% | 3.9% | 11.3pp | 6.5pp |
| EPS (Diluted) | $1.90 | $-0.13 | $0.62 | 1561.5% | 206.5% |
| Free Cash Flow | $679M | $81M | $123M | 740.0% | 453.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $497M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $313M |
| Other Expenses | $628.0K |
| Operating Expenses | $313M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $184M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $169M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $27M |
| EBIT | $192M |
| EBITDA | $219M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $497M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $313M |
| Other Expenses | $628.0K |
| Operating Expenses | $313M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $184M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $169M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $27M |
| EBIT | $192M |
| EBITDA | $219M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $168M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $31.0K |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $493M |
| OPERATING CASH FLOW | $683M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$500M |
| NET CASH FROM FINANCING | -$521M |
| FREE CASH FLOW | $679M |
| Net Change in Cash | $158M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $636M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $899M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $1.6B |
| Goodwill | $862M |
| Intangible Assets | $577M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $727M |
| Short-Term Debt | $18M |
| Deferred Revenue | $58M |
| Other Current Liabilities | $125M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$8M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$8M |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $2.7B |
| Net Debt | $2.1B |
