| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $611M | $667M | $699M | -8.4% | -12.7% |
| Op. Income | $152M | $37M | $211M | 307.1% | -28.0% |
| Gross Margin | 80.3% | 60.0% | 80.7% | 20.4pp | -0.4pp |
| Net Margin | 20.9% | 5.1% | 24.5% | 15.8pp | -3.6pp |
| EPS (Diluted) | $1.49 | $0.37 | $1.76 | 302.7% | -15.3% |
| Free Cash Flow | $106M | $178M | $148M | -40.6% | -28.6% |
| Item | Amount |
|---|---|
| REVENUE | $611M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $491M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $209M |
| SG&A Expenses | $222M |
| Other Expenses | $117M |
| Operating Expenses | $338M |
| Cost & Expenses | $458M |
| OPERATING INCOME | $152M |
| Interest Income | $509M |
| Interest Expense | $58M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $152M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $16M |
| EBIT | $152M |
| EBITDA | $168M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $611M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $491M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $209M |
| SG&A Expenses | $222M |
| Other Expenses | $117M |
| Operating Expenses | $338M |
| Cost & Expenses | $458M |
| OPERATING INCOME | $152M |
| Interest Income | $509M |
| Interest Expense | $58M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $152M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $16M |
| EBIT | $152M |
| EBITDA | $168M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $128M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $115M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12.5B |
| Sales/Maturities of Investments | $4.3B |
| Other Investing Activities | -$949M |
| NET CASH FROM INVESTING | -$9.1B |
| Net Debt Issuance | $27M |
| Common Stock Repurchased | -$60.0K |
| Common Dividends Paid | -$36M |
| Other Financing Activities | $9.0B |
| NET CASH FROM FINANCING | $9.0B |
| FREE CASH FLOW | $106M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.1B |
| Short-Term Investments | $20.8B |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $32.5B |
| PP&E (Net) | $680M |
| Goodwill | $671M |
| Intangible Assets | $166M |
| Long-Term Investments | $27.6B |
| Tax Assets | $914M |
| Other Non-Current Assets | $324M |
| TOTAL NON-CURRENT ASSETS | $30.3B |
| TOTAL ASSETS | $62.8B |
| Account Payables | $581M |
| Short-Term Debt | $675M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $53.8B |
| TOTAL CURRENT LIABILITIES | $55.3B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $339M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $57.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | $219M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $62.8B |
| Total Debt | $2.0B |
| Net Debt | -$8.0B |
