| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.7B | $1.7B | -5.4% | -4.4% |
| Op. Income | $635M | $842M | $776M | -24.6% | -18.2% |
| Gross Margin | 90.7% | 91.9% | 88.8% | -1.3pp | 1.9pp |
| Net Margin | 27.8% | 35.6% | 32.1% | -7.8pp | -4.4pp |
| EPS (Diluted) | $1.65 | $2.24 | $2.01 | -26.1% | -17.8% |
| Free Cash Flow | $227M | $427M | $152M | -47.0% | 49.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $152M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $673M |
| General & Administrative | $160M |
| SG&A Expenses | $833M |
| Other Expenses | $7M |
| Operating Expenses | $840M |
| Cost & Expenses | $992M |
| OPERATING INCOME | $635M |
| Interest Income | $237M |
| Interest Expense | $64M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $635M |
| Income Tax Expense | $184M |
| Net Income from Continuing Ops | $451M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $452M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $452M |
| D&A | $0 |
| EBIT | $635M |
| EBITDA | $635M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $152M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $673M |
| General & Administrative | $160M |
| SG&A Expenses | $833M |
| Other Expenses | $7M |
| Operating Expenses | $840M |
| Cost & Expenses | $992M |
| OPERATING INCOME | $635M |
| Interest Income | $237M |
| Interest Expense | $64M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $635M |
| Income Tax Expense | $184M |
| Net Income from Continuing Ops | $451M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $452M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $452M |
| D&A | $0 |
| EBIT | $635M |
| EBITDA | $635M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $452M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$225M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $227M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $173M |
| NET CASH FROM INVESTING | $173M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $594M |
| NET CASH FROM FINANCING | $594M |
| FREE CASH FLOW | $227M |
| Net Change in Cash | $994M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $0 |
| Net Receivables | $2.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $218M |
| Goodwill | $1.3B |
| Intangible Assets | $280M |
| Long-Term Investments | $16.2B |
| Tax Assets | $398M |
| Other Non-Current Assets | $5.0B |
| TOTAL NON-CURRENT ASSETS | $23.4B |
| TOTAL ASSETS | $28.1B |
| Account Payables | $728M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $728M |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $787M |
| Other Non-Current Liabilities | $15.7B |
| TOTAL NON-CURRENT LIABILITIES | $19.0B |
| TOTAL LIABILITIES | $19.8B |
| Common Stock | $10.1K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $5.4B |
| Treasury Stock | -$292 |
| Accum. Other Comp. Income | $657M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.1B |
| Minority Interest | $242M |
| TOTAL EQUITY | $8.3B |
| TOTAL LIABILITIES & EQUITY | $28.1B |
| Total Debt | $2.5B |
| Net Debt | $148M |
