| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $717M | $980M | 41.4% | 3.5% |
| Op. Income | $105M | -$71M | $48M | 248.5% | 121.0% |
| Gross Margin | 38.0% | 24.6% | 33.0% | 13.4pp | 5.0pp |
| Net Margin | 8.1% | -3.0% | 3.8% | 11.0pp | 4.2pp |
| EPS (Diluted) | $0.57 | $-0.15 | $0.24 | 480.0% | 137.5% |
| Free Cash Flow | $199M | $126M | $175M | 58.6% | 13.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $629M |
| GROSS PROFIT | $385M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $280M |
| Operating Expenses | $280M |
| Cost & Expenses | $909M |
| OPERATING INCOME | $105M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $97M |
| EBIT | $134M |
| EBITDA | $231M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $629M |
| GROSS PROFIT | $385M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $280M |
| Operating Expenses | $280M |
| Cost & Expenses | $909M |
| OPERATING INCOME | $105M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $97M |
| EBIT | $134M |
| EBITDA | $231M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $97M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $20M |
| Other Non-Cash Items | -$113M |
| Change in Working Capital | $113M |
| OPERATING CASH FLOW | $199M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $920M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$201M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $58M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $199M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $22.2B |
| Net Receivables | $5.1B |
| Inventory | $0 |
| Other Current Assets | -$27.3B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $23.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$23.6B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $34.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$3.8B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $29.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $545M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $34.0B |
| Total Debt | $3.8B |
| Net Debt | $3.7B |
