| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $870M | $856M | $955M | 1.6% | -8.9% |
| Op. Income | $188M | $177M | $256M | 6.1% | -26.5% |
| Gross Margin | 59.3% | 59.2% | 60.3% | 0.0pp | -1.0pp |
| Net Margin | 21.2% | 18.8% | 23.4% | 2.3pp | -2.3pp |
| EPS (Diluted) | $0.96 | $0.84 | $1.17 | 14.3% | -17.9% |
| Free Cash Flow | $142M | $184M | $80M | -22.7% | 77.8% |
| Item | Amount |
|---|---|
| REVENUE | $870M |
| Cost of Revenue | $354M |
| GROSS PROFIT | $515M |
| R&D Expenses | $166M |
| Selling & Marketing | $29M |
| General & Administrative | $132M |
| SG&A Expenses | $161M |
| Other Expenses | $0 |
| Operating Expenses | $327M |
| Cost & Expenses | $681M |
| OPERATING INCOME | $188M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $184M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $184M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $184M |
| D&A | $29M |
| EBIT | $188M |
| EBITDA | $218M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $870M |
| Cost of Revenue | $354M |
| GROSS PROFIT | $515M |
| R&D Expenses | $166M |
| Selling & Marketing | $29M |
| General & Administrative | $132M |
| SG&A Expenses | $161M |
| Other Expenses | $0 |
| Operating Expenses | $327M |
| Cost & Expenses | $681M |
| OPERATING INCOME | $188M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $184M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $184M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $184M |
| D&A | $29M |
| EBIT | $188M |
| EBITDA | $218M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $184M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | -$198.0K |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $199M |
| Capital Expenditure | -$57M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $255M |
| Other Investing Activities | $9.0K |
| NET CASH FROM INVESTING | $194M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$303.0K |
| Common Dividends Paid | -$109M |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | -$94M |
| FREE CASH FLOW | $142M |
| Net Change in Cash | $306M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $381M |
| Net Receivables | $524M |
| Inventory | $813M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $867M |
| Goodwill | $0 |
| Intangible Assets | $657M |
| Long-Term Investments | $993M |
| Tax Assets | $254M |
| Other Non-Current Assets | $190M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $193M |
| Short-Term Debt | $0 |
| Deferred Revenue | $88M |
| Other Current Liabilities | $760M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $55M |
| Deferred Tax Liabilities | $104M |
| Other Non-Current Liabilities | $97M |
| TOTAL NON-CURRENT LIABILITIES | $315M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $18M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $3.1B |
| Treasury Stock | -$326M |
| Accum. Other Comp. Income | $90M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $60M |
| Net Debt | -$1.3B |
