| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.3B | $2.0B | -14.4% | 0.8% |
| Op. Income | -$44M | $219M | $415M | -119.9% | -110.5% |
| Gross Margin | 5.2% | 19.7% | 26.8% | -14.5pp | -21.7pp |
| Net Margin | 0.8% | 9.4% | 18.0% | -8.6pp | -17.2pp |
| EPS (Diluted) | $0.41 | $5.32 | $8.54 | -92.3% | -95.2% |
| Free Cash Flow | $506M | $365M | $460M | 38.6% | 10.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $103M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $137M |
| Operating Expenses | $146M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | -$44M |
| Interest Income | $8M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$44M |
| Income Tax Expense | -$60M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $0 |
| EBIT | -$36M |
| EBITDA | -$36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $230M |
| Change in Working Capital | $250M |
| OPERATING CASH FLOW | $506M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | -$65M |
| NET CASH FROM INVESTING | -$258M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$200M |
| Common Dividends Paid | -$63M |
| Other Financing Activities | -$28M |
| NET CASH FROM FINANCING | -$241M |
| FREE CASH FLOW | $506M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $818M |
| Short-Term Investments | $17.0B |
| Net Receivables | $4.6B |
| Inventory | $0 |
| Other Current Assets | -$22.8B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $17.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$17.7B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $27.2B |
| Account Payables | $369M |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$504M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $632M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$632M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $18.6B |
| Common Stock | $696.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $10.3B |
| Treasury Stock | -$3.6B |
| Accum. Other Comp. Income | -$270M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.6B |
| TOTAL LIABILITIES & EQUITY | $27.2B |
| Total Debt | $682M |
| Net Debt | -$135M |
