| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $1.1B | 4.2% | 4.5% |
| Op. Income | $212M | $203M | $229M | 4.6% | -7.2% |
| Gross Margin | 26.1% | 26.7% | 29.1% | -0.6pp | -3.1pp |
| Net Margin | 14.7% | 14.6% | 16.5% | 0.0pp | -1.8pp |
| EPS (Diluted) | $1.62 | $1.52 | $1.67 | 6.6% | -3.0% |
| Free Cash Flow | $415M | $334M | $249M | 24.1% | 66.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $873M |
| GROSS PROFIT | $308M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $70M |
| SG&A Expenses | $70M |
| Other Expenses | $25M |
| Operating Expenses | $96M |
| Cost & Expenses | $969M |
| OPERATING INCOME | $212M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $212M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $173M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $173M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $173M |
| D&A | $0 |
| EBIT | $235M |
| EBITDA | $235M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $873M |
| GROSS PROFIT | $308M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $70M |
| SG&A Expenses | $70M |
| Other Expenses | $25M |
| Operating Expenses | $96M |
| Cost & Expenses | $969M |
| OPERATING INCOME | $212M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $212M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $173M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $173M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $173M |
| D&A | $0 |
| EBIT | $235M |
| EBITDA | $235M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $173M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $253M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $426M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$719M |
| Sales/Maturities of Investments | $81M |
| Other Investing Activities | $5.0K |
| NET CASH FROM INVESTING | -$649M |
| Net Debt Issuance | $298M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | $253M |
| FREE CASH FLOW | $415M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $114M |
| Short-Term Investments | $20.2B |
| Net Receivables | $446M |
| Inventory | $0 |
| Other Current Assets | -$20.8B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $442M |
| Intangible Assets | $0 |
| Long-Term Investments | $20.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$20.6B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $27.5B |
| Account Payables | $380M |
| Short-Term Debt | $831M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2.8B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.3B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $19.7B |
| Common Stock | $117M |
| Additional Paid-In Capital | $528M |
| Retained Earnings | $5.8B |
| Treasury Stock | -$868M |
| Accum. Other Comp. Income | $2.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.8B |
| TOTAL LIABILITIES & EQUITY | $27.5B |
| Total Debt | $2.1B |
| Net Debt | $2.0B |
