| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.5B | $1.4B | -6.6% | -1.7% |
| Op. Income | $164M | $237M | $229M | -31.0% | -28.6% |
| Gross Margin | 25.2% | 29.3% | 29.1% | -4.1pp | -3.8pp |
| Net Margin | 7.4% | 10.6% | 10.5% | -3.2pp | -3.1pp |
| EPS (Diluted) | $1.27 | $1.92 | $1.71 | -33.9% | -25.7% |
| Free Cash Flow | -$81M | $347M | -$123M | -123.3% | 34.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $345M |
| R&D Expenses | $0 |
| Selling & Marketing | $45M |
| General & Administrative | $71M |
| SG&A Expenses | $116M |
| Other Expenses | $66M |
| Operating Expenses | $181M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $164M |
| Interest Income | $7M |
| Interest Expense | $26M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $44M |
| EBIT | $164M |
| EBITDA | $207M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $345M |
| R&D Expenses | $0 |
| Selling & Marketing | $45M |
| General & Administrative | $71M |
| SG&A Expenses | $116M |
| Other Expenses | $66M |
| Operating Expenses | $181M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $164M |
| Interest Income | $7M |
| Interest Expense | $26M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $44M |
| EBIT | $164M |
| EBITDA | $207M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $102M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$233.0K |
| Other Non-Cash Items | $29M |
| Change in Working Capital | -$226M |
| OPERATING CASH FLOW | -$43M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | -$119M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$133M |
| FREE CASH FLOW | -$81M |
| Net Change in Cash | -$214M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $845M |
| Short-Term Investments | $20M |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $665M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $658M |
| Goodwill | $1.5B |
| Intangible Assets | $407M |
| Long-Term Investments | $9M |
| Tax Assets | $751.0K |
| Other Non-Current Assets | $433M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $1.6B |
| Short-Term Debt | $0 |
| Deferred Revenue | $100M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $100M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$100M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $127.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.8B |
| Treasury Stock | -$2.4B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $2.6B |
| Net Debt | $1.8B |
