| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $525M | $532M | — | -1.3% | — |
| Op. Income | $95M | $122M | — | -22.6% | — |
| Gross Margin | 31.9% | 35.7% | — | -3.8pp | — |
| Net Margin | 13.8% | 17.6% | — | -3.8pp | — |
| EPS (Diluted) | $1.75 | $2.24 | — | -21.9% | — |
| Free Cash Flow | $122M | $159M | — | -23.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $525M |
| Cost of Revenue | $357M |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $73M |
| Operating Expenses | $73M |
| Cost & Expenses | $430M |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $4M |
| EBIT | $102M |
| EBITDA | $106M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $525M |
| Cost of Revenue | $357M |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $73M |
| Operating Expenses | $73M |
| Cost & Expenses | $430M |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $4M |
| EBIT | $102M |
| EBITDA | $106M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $72M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$33M |
| Change in Working Capital | $77M |
| OPERATING CASH FLOW | $132M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$133M |
| Sales/Maturities of Investments | $142M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$744.0K |
| Net Debt Issuance | -$67.0K |
| Common Stock Repurchased | -$90M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$112M |
| FREE CASH FLOW | $122M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $273M |
| Short-Term Investments | $2.2B |
| Net Receivables | $4.4B |
| Inventory | $0 |
| Other Current Assets | -$6.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $49M |
| Goodwill | $0 |
| Intangible Assets | $45M |
| Long-Term Investments | $3.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$3.7B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $13.3B |
| Account Payables | $330M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$539M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.7B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $11.7B |
| Common Stock | $405.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $13.3B |
| Total Debt | $1.7B |
| Net Debt | $1.4B |
