| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.3B | -0.9% | -9.0% |
| Op. Income | $124M | -$159M | $189M | 177.8% | -34.4% |
| Gross Margin | 23.4% | 3.8% | 29.5% | 19.6pp | -6.2pp |
| Net Margin | 10.2% | -14.9% | 13.6% | 25.1pp | -3.5pp |
| EPS (Diluted) | $1.33 | $-2.11 | $1.97 | 163.0% | -32.5% |
| Free Cash Flow | $156M | -$50M | $41M | 413.1% | 278.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $905M |
| GROSS PROFIT | $276M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $141M |
| SG&A Expenses | $141M |
| Other Expenses | $11M |
| Operating Expenses | $152M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $124M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $131M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $120M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $15M |
| EBIT | $144M |
| EBITDA | $159M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $905M |
| GROSS PROFIT | $276M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $141M |
| SG&A Expenses | $141M |
| Other Expenses | $11M |
| Operating Expenses | $152M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $124M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $131M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $120M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $15M |
| EBIT | $144M |
| EBITDA | $159M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $120M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $156M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.6B |
| Sales/Maturities of Investments | $3.4B |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | $780M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$35M |
| Other Financing Activities | -$500M |
| NET CASH FROM FINANCING | -$542M |
| FREE CASH FLOW | $156M |
| Net Change in Cash | $408M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $12.1B |
| Net Receivables | $8.2B |
| Inventory | $0 |
| Other Current Assets | -$22.7B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $137M |
| Goodwill | $102M |
| Intangible Assets | $225M |
| Long-Term Investments | $12.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$13.0B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $26.4B |
| Account Payables | $1.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.7B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.5B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $21.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $5.9B |
| Treasury Stock | -$3.8B |
| Accum. Other Comp. Income | $282M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $26.4B |
| Total Debt | $1.5B |
| Net Debt | $364M |
