| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.5B | $1.5B | -3.8% | -1.6% |
| Op. Income | $256M | $285M | $259M | -10.2% | -1.2% |
| Gross Margin | 44.2% | 44.0% | 43.9% | 0.1pp | 0.2pp |
| Net Margin | 12.8% | 13.5% | 12.4% | -0.7pp | 0.4pp |
| EPS (Diluted) | $1.46 | $1.59 | $1.40 | -8.2% | 4.3% |
| Free Cash Flow | $170M | $217M | $140M | -21.7% | 21.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $809M |
| GROSS PROFIT | $640M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $350M |
| Other Expenses | $0 |
| Operating Expenses | $384M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $256M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $235M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $185M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $185M |
| D&A | $44M |
| EBIT | $259M |
| EBITDA | $303M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $809M |
| GROSS PROFIT | $640M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $350M |
| Other Expenses | $0 |
| Operating Expenses | $384M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $256M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $235M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $185M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $185M |
| D&A | $44M |
| EBIT | $259M |
| EBITDA | $303M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $185M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $227M |
| Capital Expenditure | -$57M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $55M |
| Common Stock Repurchased | -$85M |
| Common Dividends Paid | -$133M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$155M |
| FREE CASH FLOW | $170M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $168M |
| Short-Term Investments | $0 |
| Net Receivables | $544M |
| Inventory | $514M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $1.4B |
| Goodwill | $1.6B |
| Intangible Assets | $905M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $308M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $945M |
| Short-Term Debt | $507M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $76M |
| Other Non-Current Liabilities | $745M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $159M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $3.3B |
| Treasury Stock | -$3.4B |
| Accum. Other Comp. Income | -$601M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $555M |
| Minority Interest | $0 |
| TOTAL EQUITY | $555M |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $3.1B |
| Net Debt | $3.0B |
