| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $633M | $859M | — | -26.3% | — |
| Op. Income | $96M | $189M | — | -49.2% | — |
| Gross Margin | 67.6% | 72.1% | — | -4.4pp | — |
| Net Margin | 7.4% | 20.1% | — | -12.7pp | — |
| EPS (Diluted) | $0.32 | $1.17 | — | -72.6% | — |
| Free Cash Flow | $201M | $241M | — | -16.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $633M |
| Cost of Revenue | $205M |
| GROSS PROFIT | $428M |
| R&D Expenses | $155M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $177M |
| Other Expenses | $0 |
| Operating Expenses | $332M |
| Cost & Expenses | $537M |
| OPERATING INCOME | $96M |
| Interest Income | $7M |
| Interest Expense | $11M |
| Other Income/Expenses | $69M |
| INCOME BEFORE TAX | $165M |
| Income Tax Expense | $118M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $46M |
| EBIT | $176M |
| EBITDA | $222M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $633M |
| Cost of Revenue | $205M |
| GROSS PROFIT | $428M |
| R&D Expenses | $155M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $177M |
| Other Expenses | $0 |
| Operating Expenses | $332M |
| Cost & Expenses | $537M |
| OPERATING INCOME | $96M |
| Interest Income | $7M |
| Interest Expense | $11M |
| Other Income/Expenses | $69M |
| INCOME BEFORE TAX | $165M |
| Income Tax Expense | $118M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $46M |
| EBIT | $176M |
| EBITDA | $222M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $76M |
| Other Non-Cash Items | -$55M |
| Change in Working Capital | $110M |
| OPERATING CASH FLOW | $240M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | -$95M |
| Purchases of Investments | -$398M |
| Sales/Maturities of Investments | $212M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$320M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$142M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$143M |
| FREE CASH FLOW | $201M |
| Net Change in Cash | -$221M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $1.5B |
| Net Receivables | $385M |
| Inventory | $435M |
| Other Current Assets | $106M |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $1.4B |
| Goodwill | $894M |
| Intangible Assets | $156M |
| Long-Term Investments | $384M |
| Tax Assets | $13M |
| Other Non-Current Assets | $168M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $135M |
| Short-Term Debt | $551M |
| Deferred Revenue | $153M |
| Other Current Liabilities | $68M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $659M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $230M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $4.3B |
| Treasury Stock | -$3.4B |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $1.9B |
| Net Debt | $121M |
