| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $3.0B | $2.8B | -4.4% | 1.2% |
| Op. Income | -$193M | $336M | $318M | -157.3% | -160.5% |
| Gross Margin | 25.8% | 27.8% | 28.3% | -2.0pp | -2.5pp |
| Net Margin | -11.2% | 7.7% | 6.6% | -18.9pp | -17.9pp |
| EPS (Diluted) | $-3.26 | $2.32 | $1.86 | -240.5% | -275.3% |
| Free Cash Flow | $97M | $442M | $72M | -78.0% | 35.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $728M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $396M |
| Other Expenses | $525M |
| Operating Expenses | $921M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | -$193M |
| Interest Income | $0 |
| Interest Expense | $55M |
| Other Income/Expenses | -$75M |
| INCOME BEFORE TAX | -$268M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | -$317M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$317M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$317M |
| D&A | $145M |
| EBIT | -$213M |
| EBITDA | -$68M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$317M |
| Depreciation & Amortization | $145M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $538M |
| Change in Working Capital | -$185M |
| OPERATING CASH FLOW | $204M |
| Capital Expenditure | -$107M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $900.0K |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$107M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | -$103M |
| FREE CASH FLOW | $97M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $324M |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $254M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $2.6B |
| Goodwill | $7.4B |
| Intangible Assets | $3.9B |
| Long-Term Investments | $67M |
| Tax Assets | $7M |
| Other Non-Current Assets | $431M |
| TOTAL NON-CURRENT ASSETS | $14.4B |
| TOTAL ASSETS | $17.3B |
| Account Payables | $569M |
| Short-Term Debt | $417M |
| Deferred Revenue | $433M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $5.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $943M |
| Other Non-Current Liabilities | $369M |
| TOTAL NON-CURRENT LIABILITIES | $7.8B |
| TOTAL LIABILITIES | $10.3B |
| Common Stock | $9M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $7.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$518M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.0B |
| Minority Interest | $19M |
| TOTAL EQUITY | $7.0B |
| TOTAL LIABILITIES & EQUITY | $17.3B |
| Total Debt | $7.1B |
| Net Debt | $6.8B |
