| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $375M | $380M | $375M | -1.3% | 0.0% |
| Op. Income | $58M | $116M | $116M | -50.0% | -50.0% |
| Gross Margin | 67.5% | 77.1% | 75.2% | -9.6pp | -7.7pp |
| Net Margin | 12.5% | 25.0% | 25.1% | -12.5pp | -12.5pp |
| EPS (Diluted) | $0.14 | $0.28 | $0.28 | -50.0% | -50.0% |
| Free Cash Flow | -$213M | $107M | $7M | -299.1% | -3142.9% |
| Item | Amount |
|---|---|
| REVENUE | $375M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $253M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $110M |
| SG&A Expenses | $110M |
| Other Expenses | $85M |
| Operating Expenses | $195M |
| Cost & Expenses | $317M |
| OPERATING INCOME | $58M |
| Interest Income | $306M |
| Interest Expense | $74M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $4M |
| EBIT | $58M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $375M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $253M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $110M |
| SG&A Expenses | $110M |
| Other Expenses | $85M |
| Operating Expenses | $195M |
| Cost & Expenses | $317M |
| OPERATING INCOME | $58M |
| Interest Income | $306M |
| Interest Expense | $74M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $4M |
| EBIT | $58M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$275M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | -$205M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$113M |
| Sales/Maturities of Investments | $369M |
| Other Investing Activities | -$500M |
| NET CASH FROM INVESTING | -$252M |
| Net Debt Issuance | $520M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$39M |
| Other Financing Activities | -$32M |
| NET CASH FROM FINANCING | $422M |
| FREE CASH FLOW | -$213M |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $564M |
| Short-Term Investments | $3.2B |
| Net Receivables | $444M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $331M |
| Goodwill | $2.3B |
| Intangible Assets | $64M |
| Long-Term Investments | $26.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $30.8B |
| TOTAL ASSETS | $35.0B |
| Account Payables | $0 |
| Short-Term Debt | $3.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24.7B |
| TOTAL CURRENT LIABILITIES | $28.1B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $385M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $30.2B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $754M |
| Treasury Stock | -$52M |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $35.0B |
| Total Debt | $5.1B |
| Net Debt | $4.5B |
