| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.3B | $1.1B | -2.3% | 10.8% |
| Op. Income | $43M | $343M | $202M | -87.5% | -78.7% |
| Gross Margin | 37.0% | 57.2% | 53.6% | -20.2pp | -16.6pp |
| Net Margin | 2.6% | 20.5% | 13.5% | -17.9pp | -10.9pp |
| EPS (Diluted) | $0.24 | $1.91 | $1.11 | -87.4% | -78.4% |
| Free Cash Flow | $565M | $633M | $548M | -10.7% | 3.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $786M |
| GROSS PROFIT | $461M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $267M |
| SG&A Expenses | $267M |
| Other Expenses | $151M |
| Operating Expenses | $418M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $43M |
| Interest Income | $1.1B |
| Interest Expense | $255M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $64M |
| EBIT | $43M |
| EBITDA | $107M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $786M |
| GROSS PROFIT | $461M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $267M |
| SG&A Expenses | $267M |
| Other Expenses | $151M |
| Operating Expenses | $418M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $43M |
| Interest Income | $1.1B |
| Interest Expense | $255M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $64M |
| EBIT | $43M |
| EBITDA | $107M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $64M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$36M |
| Other Non-Cash Items | $543M |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | $565M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$136M |
| Sales/Maturities of Investments | $134M |
| Other Investing Activities | -$194M |
| NET CASH FROM INVESTING | -$196M |
| Net Debt Issuance | $3.2B |
| Common Stock Repurchased | -$45M |
| Common Dividends Paid | -$387M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $2.8B |
| FREE CASH FLOW | $565M |
| Net Change in Cash | $3.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.2B |
| Short-Term Investments | $552M |
| Net Receivables | $280M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.0B |
| PP&E (Net) | $0 |
| Goodwill | $1.4B |
| Intangible Assets | $334M |
| Long-Term Investments | $17.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $567M |
| TOTAL NON-CURRENT ASSETS | $19.7B |
| TOTAL ASSETS | $24.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $20.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $68M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $21.6B |
| TOTAL LIABILITIES | $21.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $24.7B |
| Total Debt | $20.4B |
| Net Debt | $16.2B |
