| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $987M | — | $1.3B | — | -23.4% |
| Op. Income | $1.2B | — | $1.1B | — | 7.5% |
| Gross Margin | 95.2% | — | 96.2% | — | -1.0pp |
| Net Margin | 41.9% | — | 31.9% | — | 10.0pp |
| EPS (Diluted) | $5.43 | — | $5.89 | — | -7.8% |
| Free Cash Flow | $65M | — | $298M | — | -78.1% |
| Item | Amount |
|---|---|
| REVENUE | $987M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $940M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | -$181M |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$754M |
| INCOME BEFORE TAX | $414M |
| Income Tax Expense | $193.0K |
| Net Income from Continuing Ops | $414M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $414M |
| Net Income Deductions | -$73M |
| BOTTOM LINE NET INCOME | $414M |
| D&A | $0 |
| EBIT | $1.2B |
| EBITDA | $1.2B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $987M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $940M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | -$181M |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$754M |
| INCOME BEFORE TAX | $414M |
| Income Tax Expense | $193.0K |
| Net Income from Continuing Ops | $414M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $414M |
| Net Income Deductions | -$73M |
| BOTTOM LINE NET INCOME | $414M |
| D&A | $0 |
| EBIT | $1.2B |
| EBITDA | $1.2B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $414M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$280M |
| Change in Working Capital | -$68M |
| OPERATING CASH FLOW | $65M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.3B |
| Sales/Maturities of Investments | $5.5B |
| Other Investing Activities | -$967M |
| NET CASH FROM INVESTING | $1.2B |
| Net Debt Issuance | -$986M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $65M |
| Net Change in Cash | $62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $0 |
| Net Receivables | $563M |
| Inventory | $0 |
| Other Current Assets | -$673M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $27.1B |
| Account Payables | $0 |
| Short-Term Debt | $15.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $16.5B |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$6.7B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $23.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $708M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $27.1B |
| Total Debt | $21.7B |
| Net Debt | $21.6B |
