| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.9B | $1.8B | -10.5% | -6.2% |
| Op. Income | $168M | $541M | $488M | -68.9% | -65.6% |
| Gross Margin | 62.6% | 77.9% | 78.3% | -15.3pp | -15.7pp |
| Net Margin | 8.7% | 24.9% | 22.7% | -16.3pp | -14.0pp |
| EPS (Diluted) | $0.12 | $0.45 | $0.38 | -73.3% | -68.4% |
| Free Cash Flow | -$185M | $980M | $547M | -118.9% | -133.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $629M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $551M |
| SG&A Expenses | $572M |
| Other Expenses | $315M |
| Operating Expenses | $887M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $168M |
| Interest Income | $1.3B |
| Interest Expense | $270M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $168M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $54M |
| EBIT | $168M |
| EBITDA | $222M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $629M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $551M |
| SG&A Expenses | $572M |
| Other Expenses | $315M |
| Operating Expenses | $887M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $168M |
| Interest Income | $1.3B |
| Interest Expense | $270M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $168M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $54M |
| EBIT | $168M |
| EBITDA | $222M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $146M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | -$625M |
| Change in Working Capital | $245M |
| OPERATING CASH FLOW | -$173M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.1B |
| Sales/Maturities of Investments | $2.2B |
| Other Investing Activities | -$8.8B |
| NET CASH FROM INVESTING | -$9.7B |
| Net Debt Issuance | $6.9B |
| Common Stock Repurchased | -$117M |
| Common Dividends Paid | -$208M |
| Other Financing Activities | $3.4B |
| NET CASH FROM FINANCING | $10.0B |
| FREE CASH FLOW | -$185M |
| Net Change in Cash | $133M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $865M |
| Short-Term Investments | $4.7B |
| Net Receivables | $4.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10.2B |
| PP&E (Net) | $791M |
| Goodwill | $2.7B |
| Intangible Assets | $236M |
| Long-Term Investments | $130.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $11.6B |
| TOTAL NON-CURRENT ASSETS | $146.0B |
| TOTAL ASSETS | $156.2B |
| Account Payables | $0 |
| Short-Term Debt | $7.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $115.3B |
| TOTAL CURRENT LIABILITIES | $125.1B |
| Long-Term Debt | $13.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$14.0B |
| TOTAL NON-CURRENT LIABILITIES | $13.7B |
| TOTAL LIABILITIES | $138.8B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | $12.2B |
| Treasury Stock | -$5.0B |
| Accum. Other Comp. Income | $814M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $17.4B |
| TOTAL LIABILITIES & EQUITY | $156.2B |
| Total Debt | $20.8B |
| Net Debt | $19.9B |
