| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $953M | — | $410M | — | 132.6% |
| Op. Income | $668M | — | $231M | — | 189.1% |
| Gross Margin | 75.4% | — | 65.9% | — | 9.5pp |
| Net Margin | 23.7% | — | 37.3% | — | -13.5pp |
| EPS (Diluted) | $2.42 | — | $2.20 | — | 10.0% |
| Free Cash Flow | -$3.0B | — | -$574M | — | -420.3% |
| Item | Amount |
|---|---|
| REVENUE | $953M |
| Cost of Revenue | $234M |
| GROSS PROFIT | $719M |
| R&D Expenses | $2M |
| Selling & Marketing | $7M |
| General & Administrative | $42M |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $285M |
| OPERATING INCOME | $668M |
| Interest Income | $318M |
| Interest Expense | $297M |
| Other Income/Expenses | -$478M |
| INCOME BEFORE TAX | $191M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $226M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $226M |
| Net Income Deductions | -$12M |
| BOTTOM LINE NET INCOME | $213M |
| D&A | $0 |
| EBIT | $191M |
| EBITDA | $191M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $953M |
| Cost of Revenue | $234M |
| GROSS PROFIT | $719M |
| R&D Expenses | $2M |
| Selling & Marketing | $7M |
| General & Administrative | $42M |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $285M |
| OPERATING INCOME | $668M |
| Interest Income | $318M |
| Interest Expense | $297M |
| Other Income/Expenses | -$478M |
| INCOME BEFORE TAX | $191M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $226M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $226M |
| Net Income Deductions | -$12M |
| BOTTOM LINE NET INCOME | $213M |
| D&A | $0 |
| EBIT | $191M |
| EBITDA | $191M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $226M |
| Depreciation & Amortization | $384M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$401M |
| Other Non-Cash Items | -$3.3B |
| Change in Working Capital | $106M |
| OPERATING CASH FLOW | -$3.0B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | -$595M |
| NET CASH FROM INVESTING | -$705M |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$141M |
| Other Financing Activities | $1.8B |
| NET CASH FROM FINANCING | $3.7B |
| FREE CASH FLOW | -$3.0B |
| Net Change in Cash | $44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $104M |
| Short-Term Investments | $91M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | -$198M |
| TOTAL CURRENT ASSETS | $470 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $1.5B |
| Long-Term Investments | $91M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.3B |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $11.8B |
| Account Payables | $117M |
| Short-Term Debt | $8.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.5B |
| TOTAL CURRENT LIABILITIES | $7.2B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $9.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $22M |
| 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 | $11.8B |
| Total Debt | $9.1B |
| Net Debt | $9.0B |
