| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $856M | $1.1B | $766M | -22.3% | 11.8% |
| Op. Income | $177M | $277M | $151M | -35.8% | 17.2% |
| Gross Margin | 59.2% | 58.0% | 59.0% | 1.2pp | 0.2pp |
| Net Margin | 18.8% | 32.7% | 18.3% | -13.9pp | 0.5pp |
| EPS (Diluted) | $0.84 | $1.89 | $0.74 | -55.6% | 13.5% |
| Free Cash Flow | $184M | $207M | $134M | -11.5% | 36.9% |
| Item | Amount |
|---|---|
| REVENUE | $856M |
| Cost of Revenue | $349M |
| GROSS PROFIT | $507M |
| R&D Expenses | $165M |
| Selling & Marketing | $27M |
| General & Administrative | $137M |
| SG&A Expenses | $164M |
| Other Expenses | $0 |
| Operating Expenses | $329M |
| Cost & Expenses | $679M |
| OPERATING INCOME | $177M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $153.0K |
| INCOME BEFORE TAX | $178M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $28M |
| EBIT | $177M |
| EBITDA | $206M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $856M |
| Cost of Revenue | $349M |
| GROSS PROFIT | $507M |
| R&D Expenses | $165M |
| Selling & Marketing | $27M |
| General & Administrative | $137M |
| SG&A Expenses | $164M |
| Other Expenses | $0 |
| Operating Expenses | $329M |
| Cost & Expenses | $679M |
| OPERATING INCOME | $177M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $153.0K |
| INCOME BEFORE TAX | $178M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $28M |
| EBIT | $177M |
| EBITDA | $206M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $161M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $226M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$344M |
| Sales/Maturities of Investments | $312M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | -$109M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$120M |
| FREE CASH FLOW | $184M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $392M |
| Net Receivables | $500M |
| Inventory | $790M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $821M |
| Goodwill | $0 |
| Intangible Assets | $659M |
| Long-Term Investments | $1.2B |
| Tax Assets | $264M |
| Other Non-Current Assets | $182M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $200M |
| Short-Term Debt | $0 |
| Deferred Revenue | $90M |
| Other Current Liabilities | $381M |
| TOTAL CURRENT LIABILITIES | $782M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $62M |
| Deferred Tax Liabilities | $118M |
| Other Non-Current Liabilities | $105M |
| TOTAL NON-CURRENT LIABILITIES | $338M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $18M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $3.4B |
| Treasury Stock | -$335M |
| Accum. Other Comp. Income | $32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.9B |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $53M |
| Net Debt | -$996M |
