| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.5B | $5.6B | $5.0B | -2.8% | 9.4% |
| Op. Income | $327M | $369M | $305M | -11.4% | 7.0% |
| Gross Margin | 14.7% | 15.2% | 15.2% | -0.5pp | -0.4pp |
| Net Margin | 4.3% | 4.7% | 4.4% | -0.5pp | -0.1pp |
| EPS (Diluted) | $1.40 | $1.59 | $1.24 | -11.9% | 12.9% |
| Free Cash Flow | -$261M | -$36M | -$211M | -629.8% | -23.5% |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $808M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $481M |
| Other Expenses | $0 |
| Operating Expenses | $481M |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $327M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $306M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $234M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $234M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $234M |
| D&A | $52M |
| EBIT | $327M |
| EBITDA | $379M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $808M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $481M |
| Other Expenses | $0 |
| Operating Expenses | $481M |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $327M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $306M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $234M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $234M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $234M |
| D&A | $52M |
| EBIT | $327M |
| EBITDA | $379M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $234M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $68M |
| Change in Working Capital | -$540M |
| OPERATING CASH FLOW | -$169M |
| Capital Expenditure | -$92M |
| Acquisitions (Net) | $92M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $639.0K |
| Other Investing Activities | -$92M |
| NET CASH FROM INVESTING | -$93M |
| Net Debt Issuance | $350M |
| Common Stock Repurchased | -$130M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $266M |
| FREE CASH FLOW | -$261M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $0 |
| Net Receivables | $141M |
| Inventory | $2.6B |
| Other Current Assets | $598M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $3.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $66M |
| Other Non-Current Assets | $13.3B |
| TOTAL NON-CURRENT ASSETS | $16.8B |
| TOTAL ASSETS | $20.1B |
| Account Payables | $629M |
| Short-Term Debt | $435M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $74M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $14.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $299M |
| TOTAL NON-CURRENT LIABILITIES | $15.1B |
| TOTAL LIABILITIES | $16.5B |
| Common Stock | $82M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $2.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$92M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $20.1B |
| Total Debt | $15.3B |
| Net Debt | $15.3B |
