| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.1B | $1.8B | -8.2% | 7.2% |
| Op. Income | $74M | $53M | $72M | 40.3% | 2.9% |
| Gross Margin | 16.5% | 15.2% | 15.0% | 1.3pp | 1.5pp |
| Net Margin | 2.4% | 1.6% | 2.7% | 0.8pp | -0.4pp |
| EPS (Diluted) | $1.32 | $0.95 | $1.38 | 38.9% | -4.3% |
| Free Cash Flow | $397M | $86M | $55M | 363.3% | 617.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $324M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $243M |
| Other Expenses | $8M |
| Operating Expenses | $250M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $17M |
| EBIT | $73M |
| EBITDA | $90M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $324M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $243M |
| Other Expenses | $8M |
| Operating Expenses | $250M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $17M |
| EBIT | $73M |
| EBITDA | $90M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$955.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $330M |
| OPERATING CASH FLOW | $404M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$308M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$309M |
| FREE CASH FLOW | $397M |
| Net Change in Cash | $91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $154M |
| Short-Term Investments | $0 |
| Net Receivables | $2.7B |
| Inventory | $213M |
| Other Current Assets | $220M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $127M |
| Goodwill | $416M |
| Intangible Assets | $261M |
| Long-Term Investments | -$44M |
| Tax Assets | $44M |
| Other Non-Current Assets | $272M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $1.8B |
| Short-Term Debt | $263M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$22M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $436M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $44M |
| Other Non-Current Liabilities | $151M |
| TOTAL NON-CURRENT LIABILITIES | $703M |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $351.0K |
| Additional Paid-In Capital | $354M |
| Retained Earnings | $901M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $793M |
| Net Debt | $639M |
