| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $583M | $569M | $545M | 2.5% | 7.1% |
| Op. Income | $84M | $122M | $143M | -31.6% | -41.4% |
| Gross Margin | 82.6% | 84.4% | 83.8% | -1.8pp | -1.2pp |
| Net Margin | 10.5% | 17.3% | 21.3% | -6.8pp | -10.8pp |
| EPS (Diluted) | $1.00 | $1.62 | $1.93 | -38.3% | -48.2% |
| Free Cash Flow | $169M | $122M | $165M | 38.6% | 2.5% |
| Item | Amount |
|---|---|
| REVENUE | $583M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $482M |
| R&D Expenses | $109M |
| Selling & Marketing | $215M |
| General & Administrative | $74M |
| SG&A Expenses | $289M |
| Other Expenses | $0 |
| Operating Expenses | $399M |
| Cost & Expenses | $500M |
| OPERATING INCOME | $84M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$141.0K |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $24M |
| EBIT | $84M |
| EBITDA | $108M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $583M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $482M |
| R&D Expenses | $109M |
| Selling & Marketing | $215M |
| General & Administrative | $74M |
| SG&A Expenses | $289M |
| Other Expenses | $0 |
| Operating Expenses | $399M |
| Cost & Expenses | $500M |
| OPERATING INCOME | $84M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$141.0K |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $24M |
| EBIT | $84M |
| EBITDA | $108M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $51M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $182M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$956M |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $297M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$687M |
| Net Debt Issuance | $400M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $347M |
| FREE CASH FLOW | $169M |
| Net Change in Cash | -$159M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $573M |
| Short-Term Investments | $248M |
| Net Receivables | $339M |
| Inventory | $31M |
| Other Current Assets | $218M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $559M |
| Goodwill | $1.9B |
| Intangible Assets | $246M |
| Long-Term Investments | $268M |
| Tax Assets | $47M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $56M |
| Short-Term Debt | $19M |
| Deferred Revenue | $890M |
| Other Current Liabilities | $287M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $736M |
| Deferred Revenue NC | $391M |
| Deferred Tax Liabilities | $221.0K |
| Other Non-Current Liabilities | -$295M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $223M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $1.1B |
| Net Debt | $540M |
