| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $517M | $529M | $551M | -2.4% | -6.3% |
| Op. Income | $80M | $79M | $175M | 1.0% | -54.3% |
| Gross Margin | 68.3% | 65.7% | 80.0% | 2.6pp | -11.6pp |
| Net Margin | 12.5% | 11.7% | 25.0% | 0.8pp | -12.4pp |
| EPS (Diluted) | $0.92 | $0.88 | $1.93 | 4.5% | -52.3% |
| Free Cash Flow | $2.5B | -$1.8B | $295M | 239.5% | 743.8% |
| Item | Amount |
|---|---|
| REVENUE | $517M |
| Cost of Revenue | $164M |
| GROSS PROFIT | $353M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $185M |
| SG&A Expenses | $187M |
| Other Expenses | $86M |
| Operating Expenses | $273M |
| Cost & Expenses | $437M |
| OPERATING INCOME | $80M |
| Interest Income | $306M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $24M |
| EBIT | $80M |
| EBITDA | $104M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $517M |
| Cost of Revenue | $164M |
| GROSS PROFIT | $353M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $185M |
| SG&A Expenses | $187M |
| Other Expenses | $86M |
| Operating Expenses | $273M |
| Cost & Expenses | $437M |
| OPERATING INCOME | $80M |
| Interest Income | $306M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $24M |
| EBIT | $80M |
| EBITDA | $104M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$49M |
| Change in Working Capital | $2.5B |
| OPERATING CASH FLOW | $2.5B |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$556M |
| Sales/Maturities of Investments | $860M |
| Other Investing Activities | -$1.4B |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | -$5.7B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$36M |
| Other Financing Activities | $4.6B |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $2.5B |
| Net Change in Cash | $275M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $12.5B |
| Net Receivables | $2.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15.8B |
| PP&E (Net) | $550M |
| Goodwill | $1.0B |
| Intangible Assets | $222M |
| Long-Term Investments | $25.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.5B |
| TOTAL NON-CURRENT ASSETS | $30.0B |
| TOTAL ASSETS | $45.8B |
| Account Payables | $366M |
| Short-Term Debt | $3.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $33.9B |
| TOTAL CURRENT LIABILITIES | $37.8B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $40.7B |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $3.7B |
| Treasury Stock | -$369M |
| Accum. Other Comp. Income | $370M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $7M |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $45.8B |
| Total Debt | $4.8B |
| Net Debt | $3.6B |
