| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $458M | $461M | $471M | -0.6% | -2.8% |
| Op. Income | $115M | $132M | $129M | -12.8% | -10.4% |
| Gross Margin | 52.6% | 54.4% | 56.8% | -1.9pp | -4.2pp |
| Net Margin | 21.9% | 22.0% | 20.7% | -0.1pp | 1.2pp |
| EPS (Diluted) | $0.59 | $0.59 | $0.57 | 0.0% | 3.5% |
| Free Cash Flow | $130M | $171M | $158M | -24.0% | -17.8% |
| Item | Amount |
|---|---|
| REVENUE | $458M |
| Cost of Revenue | $217M |
| GROSS PROFIT | $241M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $108M |
| SG&A Expenses | $108M |
| Other Expenses | $18M |
| Operating Expenses | $126M |
| Cost & Expenses | $343M |
| OPERATING INCOME | $115M |
| Interest Income | $441M |
| Interest Expense | $197M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $100M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $6M |
| EBIT | $115M |
| EBITDA | $122M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $458M |
| Cost of Revenue | $217M |
| GROSS PROFIT | $241M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $108M |
| SG&A Expenses | $108M |
| Other Expenses | $18M |
| Operating Expenses | $126M |
| Cost & Expenses | $343M |
| OPERATING INCOME | $115M |
| Interest Income | $441M |
| Interest Expense | $197M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $100M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $6M |
| EBIT | $115M |
| EBITDA | $122M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $100M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $44M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$55M |
| OPERATING CASH FLOW | $131M |
| Capital Expenditure | -$438.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$484M |
| Sales/Maturities of Investments | $798M |
| Other Investing Activities | -$418M |
| NET CASH FROM INVESTING | -$104M |
| Net Debt Issuance | $375M |
| Common Stock Repurchased | -$37M |
| Common Dividends Paid | -$79M |
| Other Financing Activities | $316M |
| NET CASH FROM FINANCING | $566M |
| FREE CASH FLOW | $130M |
| Net Change in Cash | $592M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $4.0B |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.8B |
| PP&E (Net) | $589M |
| Goodwill | $2.4B |
| Intangible Assets | $0 |
| Long-Term Investments | $40.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.7B |
| TOTAL NON-CURRENT ASSETS | $47.4B |
| TOTAL ASSETS | $54.3B |
| Account Payables | $0 |
| Short-Term Debt | $800M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $32.0B |
| TOTAL CURRENT LIABILITIES | $32.8B |
| Long-Term Debt | $14.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $436M |
| TOTAL NON-CURRENT LIABILITIES | $14.9B |
| TOTAL LIABILITIES | $47.6B |
| Common Stock | $5M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $344M |
| Treasury Stock | -$236M |
| Accum. Other Comp. Income | -$81M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.6B |
| TOTAL LIABILITIES & EQUITY | $54.3B |
| Total Debt | $15.2B |
| Net Debt | $13.9B |
