| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.2B | 1.1% | 11.1% |
| Op. Income | $398M | $439M | $393M | -9.4% | 1.1% |
| Gross Margin | 71.6% | 70.6% | 70.1% | 1.0pp | 1.5pp |
| Net Margin | 20.9% | 23.8% | 22.9% | -2.8pp | -2.0pp |
| EPS (Diluted) | $3.53 | $3.96 | $3.47 | -11.0% | 1.7% |
| Free Cash Flow | -$3.3B | $41M | -$3.1B | -8246.9% | -9.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $381M |
| GROSS PROFIT | $962M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $377M |
| SG&A Expenses | $412M |
| Other Expenses | $152M |
| Operating Expenses | $564M |
| Cost & Expenses | $945M |
| OPERATING INCOME | $398M |
| Interest Income | $916M |
| Interest Expense | $233M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $398M |
| Income Tax Expense | $111M |
| NET INCOME | $281M |
| D&A | $51M |
| EBIT | $398M |
| EBITDA | $449M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $381M |
| GROSS PROFIT | $962M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $377M |
| SG&A Expenses | $412M |
| Other Expenses | $152M |
| Operating Expenses | $564M |
| Cost & Expenses | $945M |
| OPERATING INCOME | $398M |
| Interest Income | $916M |
| Interest Expense | $233M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $398M |
| Income Tax Expense | $111M |
| NET INCOME | $281M |
| D&A | $51M |
| EBIT | $398M |
| EBITDA | $449M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $281M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.4B |
| Change in Working Capital | -$2.3B |
| OPERATING CASH FLOW | -$3.3B |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$109M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $495M |
| NET CASH FROM INVESTING | $374M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$624.4K |
| Common Dividends Paid | $218M |
| Other Financing Activities | $3.0B |
| NET CASH FROM FINANCING | $2.9B |
| FREE CASH FLOW | -$3.3B |
| Net Change in Cash | -$122M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.5B |
| Short-Term Investments | $7.4B |
| Net Receivables | $3.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $18.0B |
| PP&E (Net) | $683M |
| Goodwill | $250M |
| Intangible Assets | $481M |
| Long-Term Investments | $33.1B |
| Tax Assets | $150M |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $36.3B |
| TOTAL ASSETS | $54.3B |
| Account Payables | $483M |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $32.5B |
| TOTAL CURRENT LIABILITIES | $35.4B |
| Long-Term Debt | $6.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $39M |
| Other Non-Current Liabilities | $4.0B |
| TOTAL NON-CURRENT LIABILITIES | $11.1B |
| TOTAL LIABILITIES | $46.6B |
| Common Stock | $381M |
| Additional Paid-In Capital | $65M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$60M |
| Accum. Other Comp. Income | $314M |
| Other Equity | $5.6B |
| TOTAL STOCKHOLDERS' EQUITY | $7.6B |
| Minority Interest | $147M |
| TOTAL EQUITY | $7.7B |
| TOTAL LIABILITIES & EQUITY | $54.3B |
| Total Debt | $9.3B |
| Net Debt | $1.8B |
