| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.2B | $2.2B | -1.0% | -0.5% |
| Op. Income | $335M | $366M | $307M | -8.5% | 9.1% |
| Gross Margin | 34.3% | 33.8% | 32.5% | 0.5pp | 1.8pp |
| Net Margin | 55.9% | 7.6% | -2.7% | 48.3pp | 58.6pp |
| EPS (Diluted) | $3.97 | $0.55 | $-0.20 | 621.8% | 2085.0% |
| Free Cash Flow | $412M | $84M | $528M | 390.5% | -22.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $742M |
| R&D Expenses | $22M |
| Selling & Marketing | $237M |
| General & Administrative | $137M |
| SG&A Expenses | $374M |
| Other Expenses | $11M |
| Operating Expenses | $407M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $335M |
| Interest Income | $3M |
| Interest Expense | $149M |
| Other Income/Expenses | -$131M |
| INCOME BEFORE TAX | $204M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $171M |
| Net Income from Discontinued Ops | $1.0B |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $81M |
| EBIT | $353M |
| EBITDA | $434M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $742M |
| R&D Expenses | $22M |
| Selling & Marketing | $237M |
| General & Administrative | $137M |
| SG&A Expenses | $374M |
| Other Expenses | $11M |
| Operating Expenses | $407M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $335M |
| Interest Income | $3M |
| Interest Expense | $149M |
| Other Income/Expenses | -$131M |
| INCOME BEFORE TAX | $204M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $171M |
| Net Income from Discontinued Ops | $1.0B |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $81M |
| EBIT | $353M |
| EBITDA | $434M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $81M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $41M |
| Other Non-Cash Items | -$1.0B |
| Change in Working Capital | $136M |
| OPERATING CASH FLOW | $481M |
| Capital Expenditure | -$69M |
| Acquisitions (Net) | $2.2B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $2.1B |
| Net Debt Issuance | -$831M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$106M |
| Other Financing Activities | -$1.8B |
| NET CASH FROM FINANCING | -$2.7B |
| FREE CASH FLOW | $412M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $58M |
| Short-Term Investments | $0 |
| Net Receivables | $660M |
| Inventory | $779M |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $2.3B |
| Goodwill | $4.0B |
| Intangible Assets | $3.4B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $401M |
| TOTAL NON-CURRENT ASSETS | $10.1B |
| TOTAL ASSETS | $11.7B |
| Account Payables | $923M |
| Short-Term Debt | $901M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $956M |
| Other Non-Current Liabilities | $744M |
| TOTAL NON-CURRENT LIABILITIES | $6.6B |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $12M |
| Additional Paid-In Capital | $374M |
| Retained Earnings | $3.2B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $5M |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $11.7B |
| Total Debt | $5.8B |
| Net Debt | $5.8B |
