| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $973M | $1.0B | $1.1B | -4.5% | -9.1% |
| Op. Income | $100M | $125M | $116M | -20.1% | -14.1% |
| Gross Margin | 66.9% | 66.5% | 63.8% | 0.3pp | 3.1pp |
| Net Margin | 5.7% | 7.4% | 9.7% | -1.7pp | -4.0pp |
| EPS (Diluted) | $0.61 | $0.83 | $1.13 | -26.5% | -46.0% |
| Free Cash Flow | $322M | $31M | $188M | 931.1% | 71.1% |
| Item | Amount |
|---|---|
| REVENUE | $973M |
| Cost of Revenue | $323M |
| GROSS PROFIT | $651M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $495M |
| Other Expenses | $56M |
| Operating Expenses | $551M |
| Cost & Expenses | $873M |
| OPERATING INCOME | $100M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $54M |
| EBIT | $89M |
| EBITDA | $143M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $973M |
| Cost of Revenue | $323M |
| GROSS PROFIT | $651M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $495M |
| Other Expenses | $56M |
| Operating Expenses | $551M |
| Cost & Expenses | $873M |
| OPERATING INCOME | $100M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $54M |
| EBIT | $89M |
| EBITDA | $143M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$27M |
| Other Non-Cash Items | $34M |
| Change in Working Capital | $211M |
| OPERATING CASH FLOW | $343M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$200M |
| Common Stock Repurchased | -$698.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$207M |
| FREE CASH FLOW | $322M |
| Net Change in Cash | $129M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $357M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $233M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $1.0B |
| Goodwill | $2.9B |
| Intangible Assets | $847M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $248M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $621M |
| Short-Term Debt | $118M |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $523M |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $2.1B |
| Treasury Stock | -$2.9B |
| Accum. Other Comp. Income | -$142M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $991M |
| Minority Interest | $0 |
| TOTAL EQUITY | $991M |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $2.9B |
| Net Debt | $2.5B |
