| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $979M | $1.4B | $1.3B | -29.1% | -27.4% |
| Op. Income | $175M | $164M | $337M | 6.5% | -48.2% |
| Gross Margin | 36.6% | 53.8% | 40.8% | -17.2pp | -4.2pp |
| Net Margin | 3.9% | 2.2% | 10.3% | 1.8pp | -6.4pp |
| EPS (Diluted) | $0.81 | $0.63 | $2.64 | 28.6% | -69.3% |
| Free Cash Flow | $485M | $557M | $425M | -13.0% | 13.9% |
| Item | Amount |
|---|---|
| REVENUE | $979M |
| Cost of Revenue | $621M |
| GROSS PROFIT | $359M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $164M |
| Operating Expenses | $184M |
| Cost & Expenses | $805M |
| OPERATING INCOME | $175M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$128M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $41M |
| EBIT | $47M |
| EBITDA | $88M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $979M |
| Cost of Revenue | $621M |
| GROSS PROFIT | $359M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $164M |
| Operating Expenses | $184M |
| Cost & Expenses | $805M |
| OPERATING INCOME | $175M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$128M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $41M |
| EBIT | $47M |
| EBITDA | $88M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $290M |
| Other Non-Cash Items | $307M |
| Change in Working Capital | -$188M |
| OPERATING CASH FLOW | $495M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $10M |
| Purchases of Investments | $14M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | $1.6B |
| NET CASH FROM INVESTING | $1.6B |
| Net Debt Issuance | -$1.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$168M |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $485M |
| Net Change in Cash | $685M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.0B |
| Short-Term Investments | $0 |
| Net Receivables | $14.1B |
| Inventory | $194M |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $20.6B |
| PP&E (Net) | $505M |
| Goodwill | $944M |
| Intangible Assets | $110M |
| Long-Term Investments | $0 |
| Tax Assets | $46M |
| Other Non-Current Assets | $618M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $22.9B |
| Account Payables | $264M |
| Short-Term Debt | $2.7B |
| Deferred Revenue | $793M |
| Other Current Liabilities | $7.3B |
| TOTAL CURRENT LIABILITIES | $11.4B |
| Long-Term Debt | $5.5B |
| Deferred Revenue NC | $101M |
| Deferred Tax Liabilities | $52M |
| Other Non-Current Liabilities | $4.4B |
| TOTAL NON-CURRENT LIABILITIES | $10.3B |
| TOTAL LIABILITIES | $21.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $4.7B |
| Treasury Stock | -$6.7B |
| Accum. Other Comp. Income | -$88M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $22.9B |
| Total Debt | $8.5B |
| Net Debt | $3.6B |
