| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $1.9B | $2.1B | 11.9% | -0.3% |
| Op. Income | $163M | -$1.4B | -$178M | 111.6% | 191.5% |
| Gross Margin | 31.5% | 32.7% | 35.3% | -1.3pp | -3.8pp |
| Net Margin | 3.7% | -67.8% | 4.2% | 71.5pp | -0.5pp |
| EPS (Diluted) | $0.18 | $-3.02 | $0.21 | 106.0% | -14.3% |
| Free Cash Flow | $73M | -$35M | $134M | 308.6% | -45.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $664M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $488M |
| Other Expenses | $13M |
| Operating Expenses | $501M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $163M |
| Interest Income | $0 |
| Interest Expense | $71M |
| Other Income/Expenses | -$70M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $85M |
| EBIT | $164M |
| EBITDA | $249M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $664M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $488M |
| Other Expenses | $13M |
| Operating Expenses | $501M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $163M |
| Interest Income | $0 |
| Interest Expense | $71M |
| Other Income/Expenses | -$70M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $85M |
| EBIT | $164M |
| EBITDA | $249M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $78M |
| Depreciation & Amortization | $85M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | $109M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $160M |
| Common Stock Repurchased | $4M |
| Common Dividends Paid | -$98M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $66M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | $147M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $619M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $1.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $1.7B |
| Goodwill | $3.5B |
| Intangible Assets | $3.6B |
| Long-Term Investments | $0 |
| Tax Assets | $860M |
| Other Non-Current Assets | $383M |
| TOTAL NON-CURRENT ASSETS | $10.0B |
| TOTAL ASSETS | $14.3B |
| Account Payables | $1.2B |
| Short-Term Debt | $402M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $159M |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $5.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $471M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $7.8B |
| TOTAL LIABILITIES | $10.7B |
| Common Stock | $448M |
| Additional Paid-In Capital | $8.3B |
| Retained Earnings | -$3.6B |
| Treasury Stock | -$597M |
| Accum. Other Comp. Income | -$1.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $24M |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $14.3B |
| Total Debt | $6.8B |
| Net Debt | $6.2B |
