| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $479M | $373M | $378M | 28.3% | 26.7% |
| Op. Income | $58M | $117M | $130M | -50.4% | -55.5% |
| Gross Margin | 58.9% | 90.5% | 87.9% | -31.6pp | -28.9pp |
| Net Margin | 11.4% | 27.8% | 30.8% | -16.3pp | -19.4pp |
| EPS (Diluted) | $0.75 | $1.66 | $1.79 | -54.8% | -58.1% |
| Free Cash Flow | $217M | $11M | $102M | 1967.6% | 112.7% |
| Item | Amount |
|---|---|
| REVENUE | $479M |
| Cost of Revenue | $197M |
| GROSS PROFIT | $282M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $126M |
| SG&A Expenses | $126M |
| Other Expenses | $98M |
| Operating Expenses | $224M |
| Cost & Expenses | $421M |
| OPERATING INCOME | $58M |
| Interest Income | $266M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $16M |
| EBIT | $58M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $479M |
| Cost of Revenue | $197M |
| GROSS PROFIT | $282M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $126M |
| SG&A Expenses | $126M |
| Other Expenses | $98M |
| Operating Expenses | $224M |
| Cost & Expenses | $421M |
| OPERATING INCOME | $58M |
| Interest Income | $266M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $16M |
| EBIT | $58M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$26M |
| Other Non-Cash Items | $94M |
| Change in Working Capital | $109M |
| OPERATING CASH FLOW | $249M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$689M |
| Sales/Maturities of Investments | $1.7B |
| Other Investing Activities | -$623M |
| NET CASH FROM INVESTING | $391M |
| Net Debt Issuance | -$524M |
| Common Stock Repurchased | -$164M |
| Common Dividends Paid | -$45M |
| Other Financing Activities | $501M |
| NET CASH FROM FINANCING | -$233M |
| FREE CASH FLOW | $217M |
| Net Change in Cash | $407M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.8B |
| Short-Term Investments | $10.5B |
| Net Receivables | $518M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14.8B |
| PP&E (Net) | $1.0B |
| Goodwill | $655M |
| Intangible Assets | $2M |
| Long-Term Investments | $17.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $591M |
| TOTAL NON-CURRENT ASSETS | $19.3B |
| TOTAL ASSETS | $34.1B |
| Account Payables | $774M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28.1B |
| TOTAL CURRENT LIABILITIES | $30.1B |
| Long-Term Debt | $235M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $235M |
| TOTAL LIABILITIES | $30.3B |
| Common Stock | $642.0K |
| Additional Paid-In Capital | $986M |
| Retained Earnings | $2.6B |
| Treasury Stock | -$159M |
| Accum. Other Comp. Income | $364M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $34.1B |
| Total Debt | $1.4B |
| Net Debt | -$2.4B |
