| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.0B | -2.2% | 8.8% |
| Op. Income | $203M | $208M | $121M | -2.4% | 67.8% |
| Gross Margin | 59.8% | 59.4% | 57.5% | 0.4pp | 2.4pp |
| Net Margin | 14.9% | 17.4% | 11.3% | -2.5pp | 3.6pp |
| EPS (Diluted) | $0.85 | $1.02 | $0.60 | -16.7% | 41.7% |
| Free Cash Flow | $165M | $233M | $209M | -29.2% | -21.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $440M |
| GROSS PROFIT | $655M |
| R&D Expenses | $187M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $300M |
| Other Expenses | -$35M |
| Operating Expenses | $452M |
| Cost & Expenses | $892M |
| OPERATING INCOME | $203M |
| Interest Income | $6M |
| Interest Expense | $19M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $202M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $163M |
| D&A | $80M |
| EBIT | $221M |
| EBITDA | $301M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $440M |
| GROSS PROFIT | $655M |
| R&D Expenses | $187M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $300M |
| Other Expenses | -$35M |
| Operating Expenses | $452M |
| Cost & Expenses | $892M |
| OPERATING INCOME | $203M |
| Interest Income | $6M |
| Interest Expense | $19M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $202M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $163M |
| D&A | $80M |
| EBIT | $221M |
| EBITDA | $301M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $163M |
| Depreciation & Amortization | $80M |
| Stock-Based Compensation | $39M |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | -$79M |
| OPERATING CASH FLOW | $197M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $32M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$76M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$49M |
| NET CASH FROM FINANCING | -$99M |
| FREE CASH FLOW | $165M |
| Net Change in Cash | $93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $0 |
| Net Receivables | $670M |
| Inventory | $737M |
| Other Current Assets | $228M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $733M |
| Goodwill | $1.2B |
| Intangible Assets | $435M |
| Long-Term Investments | $48M |
| Tax Assets | $737M |
| Other Non-Current Assets | $347M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $224M |
| Short-Term Debt | $0 |
| Deferred Revenue | $363M |
| Other Current Liabilities | $215M |
| TOTAL CURRENT LIABILITIES | $982M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $176M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $640M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $2.1B |
| Treasury Stock | -$417M |
| Accum. Other Comp. Income | -$561M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $2.0B |
| Net Debt | $261M |
