| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $439M | $458M | $471M | -4.1% | -6.9% |
| Op. Income | $141M | $115M | $130M | 22.4% | 8.1% |
| Gross Margin | 60.1% | 52.6% | 53.8% | 7.6pp | 6.4pp |
| Net Margin | 23.9% | 21.9% | 20.6% | 2.0pp | 3.3pp |
| EPS (Diluted) | $0.62 | $0.59 | $0.57 | 5.1% | 8.8% |
| Free Cash Flow | $17M | $130M | $101M | -87.1% | -83.3% |
| Item | Amount |
|---|---|
| REVENUE | $439M |
| Cost of Revenue | $175M |
| GROSS PROFIT | $264M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $102M |
| SG&A Expenses | $102M |
| Other Expenses | $21M |
| Operating Expenses | $123M |
| Cost & Expenses | $298M |
| OPERATING INCOME | $141M |
| Interest Income | $423M |
| Interest Expense | $157M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $7M |
| EBIT | $141M |
| EBITDA | $148M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $439M |
| Cost of Revenue | $175M |
| GROSS PROFIT | $264M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $102M |
| SG&A Expenses | $102M |
| Other Expenses | $21M |
| Operating Expenses | $123M |
| Cost & Expenses | $298M |
| OPERATING INCOME | $141M |
| Interest Income | $423M |
| Interest Expense | $157M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $7M |
| EBIT | $141M |
| EBITDA | $148M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $105M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $33M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$156M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | $438.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$251M |
| Sales/Maturities of Investments | $604M |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | $331M |
| Net Debt Issuance | $75M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | -$79M |
| Other Financing Activities | -$244M |
| NET CASH FROM FINANCING | -$277M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $3.9B |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.0B |
| PP&E (Net) | $575M |
| Goodwill | $2.4B |
| Intangible Assets | $0 |
| Long-Term Investments | $40.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.6B |
| TOTAL NON-CURRENT ASSETS | $47.2B |
| TOTAL ASSETS | $54.2B |
| Account Payables | $0 |
| Short-Term Debt | $800M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $31.7B |
| TOTAL CURRENT LIABILITIES | $32.5B |
| Long-Term Debt | $14.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $501M |
| TOTAL NON-CURRENT LIABILITIES | $15.0B |
| TOTAL LIABILITIES | $47.5B |
| Common Stock | $5M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $363M |
| Treasury Stock | -$257M |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.7B |
| TOTAL LIABILITIES & EQUITY | $54.2B |
| Total Debt | $15.3B |
| Net Debt | $13.9B |
