| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.2B | 2.4% | 18.1% |
| Op. Income | $110M | $100M | $102M | 10.0% | 7.7% |
| Gross Margin | 35.2% | 35.5% | 8.7% | -0.4pp | 26.5pp |
| Net Margin | 5.7% | 5.0% | 5.8% | 0.7pp | -0.1pp |
| EPS (Diluted) | $3.11 | $2.66 | $2.71 | 16.9% | 14.8% |
| Free Cash Flow | $115M | $81M | $48M | 43.0% | 140.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $905M |
| GROSS PROFIT | $491M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $380M |
| Operating Expenses | $380M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $110M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $28M |
| EBIT | $110M |
| EBITDA | $138M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $905M |
| GROSS PROFIT | $491M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $380M |
| Operating Expenses | $380M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $110M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $28M |
| EBIT | $110M |
| EBITDA | $138M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $79M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $134M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$101M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$119M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$27M |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | $115M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $0 |
| Net Receivables | $832M |
| Inventory | $58M |
| Other Current Assets | $66M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $516M |
| Goodwill | $3.4B |
| Intangible Assets | $437M |
| Long-Term Investments | $18M |
| Tax Assets | $0 |
| Other Non-Current Assets | $120M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $135M |
| Short-Term Debt | $114M |
| Deferred Revenue | $65M |
| Other Current Liabilities | $161M |
| TOTAL CURRENT LIABILITIES | $769M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $220M |
| Other Non-Current Liabilities | $145M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $4M |
| Additional Paid-In Capital | $562M |
| Retained Earnings | $2.6B |
| Treasury Stock | -$576M |
| Accum. Other Comp. Income | -$38M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $135.0K |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $2.0B |
| Net Debt | $1.9B |
