| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $874M | $784M | $356M | 11.5% | 145.7% |
| Op. Income | $480M | $415M | $100M | 15.8% | 382.3% |
| Gross Margin | 61.1% | 59.4% | 38.2% | 1.6pp | 22.8pp |
| Net Margin | 40.3% | 39.1% | 20.4% | 1.3pp | 19.9pp |
| EPS (Diluted) | $4.39 | $3.73 | $0.92 | 17.7% | 377.2% |
| Free Cash Flow | $1.1B | -$769M | -$768M | 239.5% | 239.8% |
| Item | Amount |
|---|---|
| REVENUE | $874M |
| Cost of Revenue | $341M |
| GROSS PROFIT | $534M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $33M |
| Operating Expenses | $53M |
| Cost & Expenses | $394M |
| OPERATING INCOME | $480M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $480M |
| Income Tax Expense | $128M |
| Net Income from Continuing Ops | $353M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $353M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $353M |
| D&A | $8M |
| EBIT | $480M |
| EBITDA | $489M |
| EPS | $5 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $874M |
| Cost of Revenue | $341M |
| GROSS PROFIT | $534M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $33M |
| Operating Expenses | $53M |
| Cost & Expenses | $394M |
| OPERATING INCOME | $480M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $480M |
| Income Tax Expense | $128M |
| Net Income from Continuing Ops | $353M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $353M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $353M |
| D&A | $8M |
| EBIT | $480M |
| EBITDA | $489M |
| EPS | $5 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $353M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$991M |
| Other Non-Cash Items | $1.7B |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$108M |
| NET CASH FROM INVESTING | -$130M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$237M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$678M |
| NET CASH FROM FINANCING | -$934M |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $8M |
| Net Receivables | $18.7B |
| Inventory | $0 |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $20.2B |
| PP&E (Net) | $103M |
| Goodwill | $0 |
| Intangible Assets | $2.3B |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $642M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $23.2B |
| Account Payables | $424M |
| Short-Term Debt | $3.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5.0B |
| Long-Term Debt | $15.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $15.8B |
| TOTAL LIABILITIES | $20.7B |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $23.2B |
| Total Debt | $19.5B |
| Net Debt | $19.5B |
