| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.0B | $2.0B | -1.0% | -0.9% |
| Op. Income | $45M | $541M | $566M | -91.7% | -92.0% |
| Gross Margin | 53.5% | 76.5% | 75.2% | -23.0pp | -21.6pp |
| Net Margin | 1.7% | 22.6% | 22.0% | -20.8pp | -20.3pp |
| EPS (Diluted) | $0.03 | $0.98 | $0.92 | -96.9% | -96.7% |
| Free Cash Flow | -$1.3B | $589M | $472M | -328.0% | -384.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $918M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $549M |
| SG&A Expenses | $573M |
| Other Expenses | $439M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $45M |
| Interest Income | $1.5B |
| Interest Expense | $318M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | -$22M |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $204M |
| EBIT | $45M |
| EBITDA | $249M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $918M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $549M |
| SG&A Expenses | $573M |
| Other Expenses | $439M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $45M |
| Interest Income | $1.5B |
| Interest Expense | $318M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | -$22M |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $204M |
| EBIT | $45M |
| EBITDA | $249M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $204M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$134M |
| Other Non-Cash Items | -$260M |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | -$1.3B |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$2.1B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | -$7.8B |
| NET CASH FROM INVESTING | -$8.8B |
| Net Debt Issuance | $3.1B |
| Common Stock Repurchased | -$270M |
| Common Dividends Paid | -$168M |
| Other Financing Activities | $8.1B |
| NET CASH FROM FINANCING | $10.8B |
| FREE CASH FLOW | -$1.3B |
| Net Change in Cash | $672M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.3B |
| Short-Term Investments | $21.8B |
| Net Receivables | $2.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $29.1B |
| PP&E (Net) | $746M |
| Goodwill | $7.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $132.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.8B |
| TOTAL NON-CURRENT ASSETS | $147.7B |
| TOTAL ASSETS | $176.7B |
| Account Payables | $0 |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $133.5B |
| TOTAL CURRENT LIABILITIES | $134.8B |
| Long-Term Debt | $16.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $782M |
| Other Non-Current Liabilities | $3.0B |
| TOTAL NON-CURRENT LIABILITIES | $19.9B |
| TOTAL LIABILITIES | $154.8B |
| Common Stock | $6M |
| Additional Paid-In Capital | $18.9B |
| Retained Earnings | $6.0B |
| Treasury Stock | -$4.6B |
| Accum. Other Comp. Income | $85M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $21.9B |
| TOTAL LIABILITIES & EQUITY | $176.7B |
| Total Debt | $17.5B |
| Net Debt | $13.2B |
