| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $1.3B | $2.3B | 103.5% | 20.1% |
| Op. Income | $391M | -$186M | $155M | 310.2% | 152.5% |
| Gross Margin | 34.5% | 16.5% | 30.0% | 18.1pp | 4.6pp |
| Net Margin | 10.2% | -10.8% | 5.0% | 21.0pp | 5.2pp |
| EPS (Diluted) | $3.12 | $-1.71 | $1.26 | 282.5% | 147.6% |
| Free Cash Flow | $1.1B | -$274M | $131M | 485.1% | 707.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $937M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $543M |
| Other Expenses | $2M |
| Operating Expenses | $546M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $391M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$174.0K |
| INCOME BEFORE TAX | $391M |
| Income Tax Expense | $114M |
| Net Income from Continuing Ops | $277M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $277M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $277M |
| D&A | $77M |
| EBIT | $406M |
| EBITDA | $483M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $937M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $543M |
| Other Expenses | $2M |
| Operating Expenses | $546M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $391M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$174.0K |
| INCOME BEFORE TAX | $391M |
| Income Tax Expense | $114M |
| Net Income from Continuing Ops | $277M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $277M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $277M |
| D&A | $77M |
| EBIT | $406M |
| EBITDA | $483M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $277M |
| Depreciation & Amortization | $77M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | -$35M |
| Change in Working Capital | $776M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | -$1.5B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | -$423M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $82M |
| Inventory | $1.9B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $3.6B |
| Goodwill | $246M |
| Intangible Assets | $93M |
| Long-Term Investments | $0 |
| Tax Assets | $22M |
| Other Non-Current Assets | $138M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $1.1B |
| Short-Term Debt | $0 |
| Deferred Revenue | $196M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $405M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $161M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $842.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $2.7B |
| Treasury Stock | -$2.2B |
| Accum. Other Comp. Income | -$130.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $3.3B |
| Net Debt | $2.2B |
