| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $4.3B | $4.0B | 1.9% | 11.6% |
| Op. Income | $34M | $481M | $268M | -92.9% | -87.3% |
| Gross Margin | 2.6% | 65.1% | 8.9% | -62.5pp | -6.4pp |
| Net Margin | 1.2% | 10.0% | 6.4% | -8.8pp | -5.2pp |
| EPS (Diluted) | $0.26 | $2.15 | $1.22 | -87.9% | -78.7% |
| Free Cash Flow | $455M | $171M | -$1.3B | 166.1% | 134.2% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $80M |
| Operating Expenses | $80M |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | -$18M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $0 |
| EBIT | $102M |
| EBITDA | $102M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $80M |
| Operating Expenses | $80M |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | -$18M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $0 |
| EBIT | $102M |
| EBITDA | $102M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $305M |
| Change in Working Capital | $98M |
| OPERATING CASH FLOW | $455M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.7B |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | $2.6B |
| NET CASH FROM INVESTING | $742M |
| Net Debt Issuance | $199M |
| Common Stock Repurchased | -$225M |
| Common Dividends Paid | -$79M |
| Other Financing Activities | $2.5B |
| NET CASH FROM FINANCING | $2.4B |
| FREE CASH FLOW | $455M |
| Net Change in Cash | $3.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.2B |
| Short-Term Investments | $102.6B |
| Net Receivables | $17.5B |
| Inventory | $0 |
| Other Current Assets | -$126.3B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $1.8B |
| Intangible Assets | $0 |
| Long-Term Investments | $106.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$108.5B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $318.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$8.4B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$6.7B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $302.1B |
| Common Stock | $5.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $8.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.6B |
| TOTAL LIABILITIES & EQUITY | $318.6B |
| Total Debt | $6.7B |
| Net Debt | $546M |
