| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $507M | $556M | $543M | -8.7% | -6.6% |
| Op. Income | $209M | $227M | $219M | -8.0% | -4.6% |
| Gross Margin | 59.0% | 57.7% | 58.0% | 1.3pp | 1.1pp |
| Net Margin | -3.1% | 4.0% | -37.0% | -7.1pp | 33.9pp |
| EPS (Diluted) | $-0.33 | $0.46 | $-3.87 | -171.7% | 91.5% |
| Free Cash Flow | $84M | $341M | -$21M | -75.4% | 501.0% |
| Item | Amount |
|---|---|
| REVENUE | $507M |
| Cost of Revenue | $208M |
| GROSS PROFIT | $300M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $90M |
| Operating Expenses | $90M |
| Cost & Expenses | $298M |
| OPERATING INCOME | $209M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$167M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $26M |
| EBIT | $173M |
| EBITDA | $198M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $308M |
| Change in Working Capital | -$232M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$38M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $50M |
| NET CASH FROM INVESTING | $15M |
| Net Debt Issuance | $250M |
| Common Stock Repurchased | -$80M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$192M |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | $84M |
| Net Change in Cash | $53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $592M |
| Short-Term Investments | $55M |
| Net Receivables | $437M |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $89M |
| Goodwill | $2.6B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $2.3B |
| Tax Assets | $393M |
| Other Non-Current Assets | -$115M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $7.5B |
| Account Payables | $0 |
| Short-Term Debt | $800.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $400.0K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $861M |
| Retained Earnings | $3.8B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$147M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $1.1B |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $7.5B |
| Total Debt | $2.0B |
| Net Debt | $1.5B |
