| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $572M | $624M | $554M | -8.5% | 3.2% |
| Op. Income | $74M | $59M | $57M | 25.6% | 31.4% |
| Gross Margin | 55.5% | 52.9% | 56.3% | 2.6pp | -0.8pp |
| Net Margin | 120.0% | 88.6% | 156.2% | 31.4pp | -36.2pp |
| EPS (Diluted) | $22.72 | $18.31 | $28.74 | 24.1% | -20.9% |
| Free Cash Flow | $41M | $138M | $19M | -70.2% | 112.9% |
| Item | Amount |
|---|---|
| REVENUE | $572M |
| Cost of Revenue | $254M |
| GROSS PROFIT | $317M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $194M |
| SG&A Expenses | $194M |
| Other Expenses | $0 |
| Operating Expenses | $243M |
| Cost & Expenses | $497M |
| OPERATING INCOME | $74M |
| Interest Income | $3M |
| Interest Expense | $6M |
| Other Income/Expenses | $824M |
| INCOME BEFORE TAX | $899M |
| Income Tax Expense | $213M |
| Net Income from Continuing Ops | $686M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $686M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $686M |
| D&A | $34M |
| EBIT | $904M |
| EBITDA | $938M |
| EPS | $23 |
| EPS Diluted | $23 |
| Item | Amount |
|---|---|
| REVENUE | $572M |
| Cost of Revenue | $254M |
| GROSS PROFIT | $317M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $194M |
| SG&A Expenses | $194M |
| Other Expenses | $0 |
| Operating Expenses | $243M |
| Cost & Expenses | $497M |
| OPERATING INCOME | $74M |
| Interest Income | $3M |
| Interest Expense | $6M |
| Other Income/Expenses | $824M |
| INCOME BEFORE TAX | $899M |
| Income Tax Expense | $213M |
| Net Income from Continuing Ops | $686M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $686M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $686M |
| D&A | $34M |
| EBIT | $904M |
| EBITDA | $938M |
| EPS | $23 |
| EPS Diluted | $23 |
| Item | Amount |
|---|---|
| Net Income | $686M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$828M |
| Change in Working Capital | $162M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$98M |
| Sales/Maturities of Investments | $107M |
| Other Investing Activities | $38.0K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$99M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | -$54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $604M |
| Short-Term Investments | $433M |
| Net Receivables | $380M |
| Inventory | $557M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $687M |
| Goodwill | $264M |
| Intangible Assets | $138M |
| Long-Term Investments | $5.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $78M |
| TOTAL NON-CURRENT ASSETS | $6.6B |
| TOTAL ASSETS | $8.7B |
| Account Payables | $118M |
| Short-Term Debt | $426M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $128M |
| TOTAL CURRENT LIABILITIES | $869M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.2B |
| Other Non-Current Liabilities | $173M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $424M |
| Retained Earnings | $6.2B |
| Treasury Stock | -$138M |
| Accum. Other Comp. Income | -$149M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.3B |
| TOTAL LIABILITIES & EQUITY | $8.7B |
| Total Debt | $648M |
| Net Debt | $45M |
