| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.7B | $1.7B | -3.3% | -4.5% |
| Op. Income | $350M | $652M | $634M | -46.4% | -44.9% |
| Gross Margin | 76.1% | 86.5% | 88.5% | -10.3pp | -12.4pp |
| Net Margin | 16.3% | 28.9% | 28.0% | -12.6pp | -11.7pp |
| EPS (Diluted) | $1.93 | $3.60 | $3.35 | -46.4% | -42.4% |
| Free Cash Flow | -$446M | $1.1B | $383M | -141.6% | -216.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $394M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $22M |
| General & Administrative | $549M |
| SG&A Expenses | $571M |
| Other Expenses | $335M |
| Operating Expenses | $906M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $350M |
| Interest Income | $1.1B |
| Interest Expense | $144M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $350M |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $269M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $269M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $251M |
| D&A | $78M |
| EBIT | $350M |
| EBITDA | $427M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $394M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $22M |
| General & Administrative | $549M |
| SG&A Expenses | $571M |
| Other Expenses | $335M |
| Operating Expenses | $906M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $350M |
| Interest Income | $1.1B |
| Interest Expense | $144M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $350M |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $269M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $269M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $251M |
| D&A | $78M |
| EBIT | $350M |
| EBITDA | $427M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $269M |
| Depreciation & Amortization | $78M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$36M |
| Other Non-Cash Items | $249M |
| Change in Working Capital | -$954M |
| OPERATING CASH FLOW | -$394M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $666M |
| Other Investing Activities | -$4.4B |
| NET CASH FROM INVESTING | -$3.9B |
| Net Debt Issuance | -$756M |
| Common Stock Repurchased | -$374M |
| Common Dividends Paid | -$143M |
| Other Financing Activities | $5.4B |
| NET CASH FROM FINANCING | $4.1B |
| FREE CASH FLOW | -$446M |
| Net Change in Cash | -$138M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.2B |
| Short-Term Investments | $6.0B |
| Net Receivables | $5.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $21.9B |
| PP&E (Net) | $1.2B |
| Goodwill | $4.6B |
| Intangible Assets | $25M |
| Long-Term Investments | $95.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $102.7B |
| TOTAL ASSETS | $124.6B |
| Account Payables | $2.2B |
| Short-Term Debt | $59M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $100.2B |
| TOTAL CURRENT LIABILITIES | $102.4B |
| Long-Term Debt | $6.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $6.3B |
| TOTAL LIABILITIES | $108.8B |
| Common Stock | $81M |
| Additional Paid-In Capital | $6.6B |
| Retained Earnings | $12.8B |
| Treasury Stock | -$5.2B |
| Accum. Other Comp. Income | $210M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.8B |
| TOTAL LIABILITIES & EQUITY | $124.6B |
| Total Debt | $6.4B |
| Net Debt | -$3.8B |
