| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $667M | $702M | $686M | -5.0% | -2.8% |
| Op. Income | $37M | $182M | $218M | -79.5% | -82.9% |
| Gross Margin | 60.0% | 80.1% | 81.2% | -20.1pp | -21.3pp |
| Net Margin | 5.1% | 23.8% | 24.5% | -18.6pp | -19.3pp |
| EPS (Diluted) | $0.37 | $1.72 | $1.69 | -78.5% | -78.1% |
| Free Cash Flow | $178M | $127M | $153M | 39.8% | 16.5% |
| Item | Amount |
|---|---|
| REVENUE | $667M |
| Cost of Revenue | $267M |
| GROSS PROFIT | $400M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $221M |
| SG&A Expenses | $235M |
| Other Expenses | $127M |
| Operating Expenses | $362M |
| Cost & Expenses | $629M |
| OPERATING INCOME | $37M |
| Interest Income | $550M |
| Interest Expense | $77M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $17M |
| EBIT | $37M |
| EBITDA | $54M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $667M |
| Cost of Revenue | $267M |
| GROSS PROFIT | $400M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $221M |
| SG&A Expenses | $235M |
| Other Expenses | $127M |
| Operating Expenses | $362M |
| Cost & Expenses | $629M |
| OPERATING INCOME | $37M |
| Interest Income | $550M |
| Interest Expense | $77M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $17M |
| EBIT | $37M |
| EBITDA | $54M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$23M |
| Other Non-Cash Items | $54M |
| Change in Working Capital | $105M |
| OPERATING CASH FLOW | $193M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.2B |
| Sales/Maturities of Investments | $3.9B |
| Other Investing Activities | -$261M |
| NET CASH FROM INVESTING | -$668M |
| Net Debt Issuance | $56M |
| Common Stock Repurchased | -$528M |
| Common Dividends Paid | -$30M |
| Other Financing Activities | $1.0B |
| NET CASH FROM FINANCING | $532M |
| FREE CASH FLOW | $178M |
| Net Change in Cash | $57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.4B |
| Short-Term Investments | $15.6B |
| Net Receivables | $291M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $22.5B |
| PP&E (Net) | $712M |
| Goodwill | $671M |
| Intangible Assets | $174M |
| Long-Term Investments | $27.3B |
| Tax Assets | $929M |
| Other Non-Current Assets | $491M |
| TOTAL NON-CURRENT ASSETS | $30.3B |
| TOTAL ASSETS | $52.8B |
| Account Payables | $102M |
| Short-Term Debt | $390M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $44.8B |
| TOTAL CURRENT LIABILITIES | $45.5B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $335M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $47.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | $1.9B |
| Treasury Stock | -$871M |
| Accum. Other Comp. Income | $211M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $52.8B |
| Total Debt | $1.6B |
| Net Debt | -$4.8B |
