| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $318M | $310M | $454M | 2.7% | -29.9% |
| Op. Income | $37M | $19M | $127M | 102.2% | -70.5% |
| Gross Margin | 32.8% | 29.0% | 47.6% | 3.8pp | -14.8pp |
| Net Margin | 9.6% | 6.0% | 20.7% | 3.6pp | -11.1pp |
| EPS (Diluted) | $0.73 | $0.44 | $2.24 | 65.9% | -67.4% |
| Free Cash Flow | $78M | $87M | -$27M | -10.5% | 390.0% |
| Item | Amount |
|---|---|
| REVENUE | $318M |
| Cost of Revenue | $214M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $67M |
| Operating Expenses | $67M |
| Cost & Expenses | $281M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $6M |
| EBIT | $41M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $318M |
| Cost of Revenue | $214M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $67M |
| Operating Expenses | $67M |
| Cost & Expenses | $281M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $6M |
| EBIT | $41M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $41M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$326M |
| Sales/Maturities of Investments | $268M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $35M |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $82M |
| Short-Term Investments | $6.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | -$6.5B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $49M |
| Intangible Assets | $170M |
| Long-Term Investments | $6.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7.1B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $12.6B |
| Account Payables | $0 |
| Short-Term Debt | $135M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$135M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $302M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$302M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $10.9B |
| Common Stock | $66.0K |
| Additional Paid-In Capital | $484M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$488M |
| Accum. Other Comp. Income | $268M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $12.6B |
| Total Debt | $437M |
| Net Debt | $355M |
