| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $2.3B | $2.6B | 18.8% | 4.3% |
| Op. Income | $182M | -$89M | $342M | 304.5% | -46.8% |
| Gross Margin | 27.1% | 22.8% | 35.2% | 4.3pp | -8.1pp |
| Net Margin | 5.5% | -2.7% | 10.7% | 8.2pp | -5.1pp |
| EPS (Diluted) | $0.55 | $-0.22 | $1.02 | 350.0% | -46.1% |
| Free Cash Flow | $431M | $209M | $221M | 106.2% | 95.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $738M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $556M |
| Operating Expenses | $556M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $182M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $182M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $15M |
| EBIT | $213M |
| EBITDA | $228M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $738M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $556M |
| Operating Expenses | $556M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $182M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $182M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $15M |
| EBIT | $213M |
| EBITDA | $228M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $151M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$51M |
| Change in Working Capital | $319M |
| OPERATING CASH FLOW | $438M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$4.9B |
| Sales/Maturities of Investments | $4.3B |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | -$612M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$101M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$101M |
| FREE CASH FLOW | $431M |
| Net Change in Cash | -$271M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $586M |
| Short-Term Investments | $1.5B |
| Net Receivables | $7.2B |
| Inventory | $0 |
| Other Current Assets | -$9.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $264M |
| Goodwill | $145M |
| Intangible Assets | $0 |
| Long-Term Investments | $46.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$47.1B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $62.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $3.9B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$6.5B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $50.5B |
| Common Stock | $683M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $8.7B |
| Treasury Stock | -$71M |
| Accum. Other Comp. Income | $154M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.6B |
| TOTAL LIABILITIES & EQUITY | $62.1B |
| Total Debt | $2.7B |
| Net Debt | $2.1B |
