| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.0B | $2.0B | 13.2% | 11.7% |
| Op. Income | $237M | -$44M | $372M | 643.5% | -36.3% |
| Gross Margin | 16.5% | 5.2% | 24.6% | 11.3pp | -8.0pp |
| Net Margin | 8.5% | 0.8% | 16.6% | 7.7pp | -8.1pp |
| EPS (Diluted) | $4.77 | $0.41 | $8.39 | 1063.4% | -43.1% |
| Free Cash Flow | $599M | $506M | $394M | 18.3% | 52.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $371M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $125M |
| Operating Expenses | $134M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $237M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $237M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $191M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $188M |
| D&A | $0 |
| EBIT | $244M |
| EBITDA | $244M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $371M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $125M |
| Operating Expenses | $134M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $237M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $237M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $191M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $188M |
| D&A | $0 |
| EBIT | $244M |
| EBITDA | $244M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $191M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$143M |
| Change in Working Capital | $541M |
| OPERATING CASH FLOW | $599M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | -$63M |
| NET CASH FROM INVESTING | -$371M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $1.0K |
| Common Dividends Paid | -$62M |
| Other Financing Activities | -$60M |
| NET CASH FROM FINANCING | -$122M |
| FREE CASH FLOW | $599M |
| Net Change in Cash | $105M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $922M |
| Short-Term Investments | $17.9B |
| Net Receivables | $4.6B |
| Inventory | $0 |
| Other Current Assets | -$23.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $18.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$18.9B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $28.6B |
| Account Payables | $370M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$462M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $621M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$621M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $19.3B |
| Common Stock | $696.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $10.4B |
| Treasury Stock | -$3.6B |
| Accum. Other Comp. Income | $297M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.3B |
| TOTAL LIABILITIES & EQUITY | $28.6B |
| Total Debt | $621M |
| Net Debt | -$302M |
