| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $537M | $572M | $573M | -6.1% | -6.2% |
| Op. Income | $52M | $74M | $56M | -30.4% | -8.2% |
| Gross Margin | 54.6% | 55.5% | 53.7% | -0.9pp | 0.8pp |
| Net Margin | 180.0% | 120.0% | 104.6% | 60.0pp | 75.4pp |
| EPS (Diluted) | $32.15 | $22.72 | $19.86 | 41.5% | 61.9% |
| Free Cash Flow | $74M | $41M | $133M | 80.0% | -44.4% |
| Item | Amount |
|---|---|
| REVENUE | $537M |
| Cost of Revenue | $244M |
| GROSS PROFIT | $293M |
| R&D Expenses | $52M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $189M |
| Other Expenses | $0 |
| Operating Expenses | $241M |
| Cost & Expenses | $485M |
| OPERATING INCOME | $52M |
| Interest Income | $10M |
| Interest Expense | $6M |
| Other Income/Expenses | $1.2B |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $280M |
| Net Income from Continuing Ops | $966M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $966M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $966M |
| D&A | $35M |
| EBIT | $1.3B |
| EBITDA | $1.3B |
| EPS | $33 |
| EPS Diluted | $32 |
| Item | Amount |
|---|---|
| REVENUE | $537M |
| Cost of Revenue | $244M |
| GROSS PROFIT | $293M |
| R&D Expenses | $52M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $189M |
| Other Expenses | $0 |
| Operating Expenses | $241M |
| Cost & Expenses | $485M |
| OPERATING INCOME | $52M |
| Interest Income | $10M |
| Interest Expense | $6M |
| Other Income/Expenses | $1.2B |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $280M |
| Net Income from Continuing Ops | $966M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $966M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $966M |
| D&A | $35M |
| EBIT | $1.3B |
| EBITDA | $1.3B |
| EPS | $33 |
| EPS Diluted | $32 |
| Item | Amount |
|---|---|
| Net Income | $966M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.2B |
| Change in Working Capital | $275M |
| OPERATING CASH FLOW | $92M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$85M |
| Purchases of Investments | -$75M |
| Sales/Maturities of Investments | $89M |
| Other Investing Activities | -$5.0K |
| NET CASH FROM INVESTING | -$89M |
| Net Debt Issuance | -$182.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $608M |
| Short-Term Investments | $424M |
| Net Receivables | $370M |
| Inventory | $628M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $679M |
| Goodwill | $292M |
| Intangible Assets | $211M |
| Long-Term Investments | $6.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $8.0B |
| TOTAL ASSETS | $10.1B |
| Account Payables | $131M |
| Short-Term Debt | $426M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $147M |
| TOTAL CURRENT LIABILITIES | $927M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.5B |
| Other Non-Current Liabilities | $175M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $429M |
| Retained Earnings | $7.1B |
| Treasury Stock | -$138M |
| Accum. Other Comp. Income | -$61M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.4B |
| TOTAL LIABILITIES & EQUITY | $10.1B |
| Total Debt | $646M |
| Net Debt | $38M |
