| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $694M | $802M | $868M | -13.4% | -20.0% |
| Op. Income | $161M | $190M | $272M | -15.6% | -40.9% |
| Gross Margin | 58.5% | 53.7% | 60.7% | 4.8pp | -2.2pp |
| Net Margin | 18.1% | 19.2% | 24.9% | -1.1pp | -6.8pp |
| EPS (Diluted) | $0.25 | $0.31 | $0.43 | -19.1% | -42.1% |
| Free Cash Flow | -$776M | $257M | -$802M | -402.5% | 3.2% |
| Item | Amount |
|---|---|
| REVENUE | $694M |
| Cost of Revenue | $288M |
| GROSS PROFIT | $406M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $211M |
| SG&A Expenses | $219M |
| Other Expenses | $27M |
| Operating Expenses | $246M |
| Cost & Expenses | $534M |
| OPERATING INCOME | $161M |
| Interest Income | $496M |
| Interest Expense | $131M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $161M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $126M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $126M |
| D&A | $20M |
| EBIT | $161M |
| EBITDA | $181M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $694M |
| Cost of Revenue | $288M |
| GROSS PROFIT | $406M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $211M |
| SG&A Expenses | $219M |
| Other Expenses | $27M |
| Operating Expenses | $246M |
| Cost & Expenses | $534M |
| OPERATING INCOME | $161M |
| Interest Income | $496M |
| Interest Expense | $131M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $161M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $126M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $126M |
| D&A | $20M |
| EBIT | $161M |
| EBITDA | $181M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $126M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $68M |
| Change in Working Capital | -$966M |
| OPERATING CASH FLOW | -$765M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $51M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | $34M |
| Net Debt Issuance | -$43M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2.9B |
| NET CASH FROM FINANCING | $2.9B |
| FREE CASH FLOW | -$776M |
| Net Change in Cash | $2.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.7B |
| Short-Term Investments | $1.8B |
| Net Receivables | $127M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.6B |
| PP&E (Net) | $503M |
| Goodwill | $0 |
| Intangible Assets | $67M |
| Long-Term Investments | $40.7B |
| Tax Assets | $365M |
| Other Non-Current Assets | $4.7B |
| TOTAL NON-CURRENT ASSETS | $46.3B |
| TOTAL ASSETS | $51.9B |
| Account Payables | $298M |
| Short-Term Debt | $268M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25.7B |
| TOTAL CURRENT LIABILITIES | $26.2B |
| Long-Term Debt | $11.7B |
| Deferred Revenue NC | $96M |
| Deferred Tax Liabilities | $15.8K |
| Other Non-Current Liabilities | $9.8B |
| TOTAL NON-CURRENT LIABILITIES | $21.7B |
| TOTAL LIABILITIES | $47.9B |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $744M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $561M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $1.1K |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $51.9B |
| Total Debt | $12.1B |
| Net Debt | $8.4B |
