| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | — | $1.9B | — | -44.1% |
| Op. Income | $103M | — | $277M | — | -63.0% |
| Gross Margin | 56.0% | — | 48.5% | — | 7.5pp |
| Net Margin | 12.5% | — | 9.4% | — | 3.1pp |
| EPS (Diluted) | $0.33 | — | $0.47 | — | -29.8% |
| Free Cash Flow | $454M | — | $234M | — | 93.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $459M |
| GROSS PROFIT | $583M |
| R&D Expenses | $77M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $403M |
| Other Expenses | $0 |
| Operating Expenses | $480M |
| Cost & Expenses | $939M |
| OPERATING INCOME | $103M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $70M |
| Other Adjustments | $0 |
| NET INCOME | $130M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $100M |
| EBIT | $108M |
| EBITDA | $208M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $459M |
| GROSS PROFIT | $583M |
| R&D Expenses | $77M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $403M |
| Other Expenses | $0 |
| Operating Expenses | $480M |
| Cost & Expenses | $939M |
| OPERATING INCOME | $103M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $70M |
| Other Adjustments | $0 |
| NET INCOME | $130M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $100M |
| EBIT | $108M |
| EBITDA | $208M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $130M |
| Depreciation & Amortization | $119M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $213M |
| OPERATING CASH FLOW | $479M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | -$800.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$391M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$445M |
| FREE CASH FLOW | $454M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $665M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $728M |
| Goodwill | $8.3B |
| Intangible Assets | $3.7B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $759M |
| TOTAL NON-CURRENT ASSETS | $13.5B |
| TOTAL ASSETS | $16.7B |
| Account Payables | $733M |
| Short-Term Debt | $999M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $6.4B |
| TOTAL LIABILITIES | $9.3B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $4.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$157M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.4B |
| Minority Interest | $12M |
| TOTAL EQUITY | $7.4B |
| TOTAL LIABILITIES & EQUITY | $16.7B |
| Total Debt | $5.9B |
| Net Debt | $4.8B |
