| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.0B | $2.0B | -1.8% | -5.0% |
| Op. Income | $307M | $45M | $580M | 582.2% | -47.1% |
| Gross Margin | 66.3% | 53.5% | 75.0% | 12.8pp | -8.7pp |
| Net Margin | 13.0% | 1.7% | 22.2% | 11.3pp | -9.1pp |
| EPS (Diluted) | $0.53 | $0.03 | $0.95 | 1666.7% | -44.2% |
| Free Cash Flow | -$123M | -$1.3B | $95M | 90.8% | -229.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $654M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $27M |
| General & Administrative | $513M |
| SG&A Expenses | $540M |
| Other Expenses | $439M |
| Operating Expenses | $979M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $307M |
| Interest Income | $1.4B |
| Interest Expense | $190M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $307M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $253M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $253M |
| Net Income Deductions | -$28M |
| BOTTOM LINE NET INCOME | $225M |
| D&A | $112M |
| EBIT | $307M |
| EBITDA | $419M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $654M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $27M |
| General & Administrative | $513M |
| SG&A Expenses | $540M |
| Other Expenses | $439M |
| Operating Expenses | $979M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $307M |
| Interest Income | $1.4B |
| Interest Expense | $190M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $307M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $253M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $253M |
| Net Income Deductions | -$28M |
| BOTTOM LINE NET INCOME | $225M |
| D&A | $112M |
| EBIT | $307M |
| EBITDA | $419M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $253M |
| Depreciation & Amortization | $112M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$74M |
| Other Non-Cash Items | $584M |
| Change in Working Capital | -$963M |
| OPERATING CASH FLOW | -$86M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $1.7B |
| Other Investing Activities | $683M |
| NET CASH FROM INVESTING | $1.2B |
| Net Debt Issuance | -$8.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$168M |
| Other Financing Activities | $10.1B |
| NET CASH FROM FINANCING | $2.3B |
| FREE CASH FLOW | -$123M |
| Net Change in Cash | $3.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.9B |
| Short-Term Investments | $21.5B |
| Net Receivables | $2.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $32.3B |
| PP&E (Net) | $751M |
| Goodwill | $7.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $131.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.4B |
| TOTAL NON-CURRENT ASSETS | $147.6B |
| TOTAL ASSETS | $179.9B |
| Account Payables | $155M |
| Short-Term Debt | $552M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $143.6B |
| TOTAL CURRENT LIABILITIES | $144.3B |
| Long-Term Debt | $8.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $709M |
| Other Non-Current Liabilities | $3.5B |
| TOTAL NON-CURRENT LIABILITIES | $13.1B |
| TOTAL LIABILITIES | $157.5B |
| Common Stock | $6M |
| Additional Paid-In Capital | $18.9B |
| Retained Earnings | $6.1B |
| Treasury Stock | -$4.6B |
| Accum. Other Comp. Income | $94M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $22.4B |
| TOTAL LIABILITIES & EQUITY | $179.9B |
| Total Debt | $9.5B |
| Net Debt | $1.5B |
