| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $661M | $699M | $622M | -5.4% | 6.3% |
| Op. Income | $201M | $321M | $284M | -37.3% | -29.3% |
| Gross Margin | 64.6% | 79.1% | 79.2% | -14.4pp | -14.6pp |
| Net Margin | 22.2% | 33.7% | 27.7% | -11.5pp | -5.4pp |
| EPS (Diluted) | $1.67 | $2.60 | $1.93 | -35.8% | -13.5% |
| Free Cash Flow | $402M | $344M | $283M | 16.6% | 42.0% |
| Item | Amount |
|---|---|
| REVENUE | $661M |
| Cost of Revenue | $234M |
| GROSS PROFIT | $427M |
| R&D Expenses | $0 |
| Selling & Marketing | $56M |
| General & Administrative | $106M |
| SG&A Expenses | $162M |
| Other Expenses | $64M |
| Operating Expenses | $226M |
| Cost & Expenses | $460M |
| OPERATING INCOME | $201M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $147M |
| D&A | $64M |
| EBIT | $208M |
| EBITDA | $272M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $661M |
| Cost of Revenue | $234M |
| GROSS PROFIT | $427M |
| R&D Expenses | $0 |
| Selling & Marketing | $56M |
| General & Administrative | $106M |
| SG&A Expenses | $162M |
| Other Expenses | $64M |
| Operating Expenses | $226M |
| Cost & Expenses | $460M |
| OPERATING INCOME | $201M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $147M |
| D&A | $64M |
| EBIT | $208M |
| EBITDA | $272M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $147M |
| Depreciation & Amortization | $64M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $121M |
| Change in Working Capital | $80M |
| OPERATING CASH FLOW | $420M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$467.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $143M |
| Common Stock Repurchased | -$530M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$92.0K |
| NET CASH FROM FINANCING | -$314M |
| FREE CASH FLOW | $402M |
| Net Change in Cash | -$123M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $183M |
| Goodwill | $4.6B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $28M |
| Tax Assets | $0 |
| Other Non-Current Assets | $216M |
| TOTAL NON-CURRENT ASSETS | $7.2B |
| TOTAL ASSETS | $11.3B |
| Account Payables | $1.1B |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $906M |
| Other Current Liabilities | $332M |
| TOTAL CURRENT LIABILITIES | $4.5B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $487M |
| Other Non-Current Liabilities | $321M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $8.5B |
| Common Stock | $125.0K |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $4.9B |
| Treasury Stock | -$3.1B |
| Accum. Other Comp. Income | -$1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $11.3B |
| Total Debt | $5.2B |
| Net Debt | $4.1B |
