| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $526M | $525M | $505M | 0.2% | 4.1% |
| Op. Income | $134M | $95M | $135M | 41.8% | -0.4% |
| Gross Margin | 37.5% | 31.9% | 88.9% | 5.6pp | -51.4pp |
| Net Margin | 19.3% | 13.8% | 19.2% | 5.5pp | 0.1pp |
| EPS (Diluted) | $2.51 | $1.75 | $2.28 | 43.4% | 10.1% |
| Free Cash Flow | $175M | $122M | $109M | 44.3% | 60.4% |
| Item | Amount |
|---|---|
| REVENUE | $526M |
| Cost of Revenue | $328M |
| GROSS PROFIT | $197M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $63M |
| Operating Expenses | $63M |
| Cost & Expenses | $392M |
| OPERATING INCOME | $134M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $134M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $4M |
| EBIT | $141M |
| EBITDA | $145M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $526M |
| Cost of Revenue | $328M |
| GROSS PROFIT | $197M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $63M |
| Operating Expenses | $63M |
| Cost & Expenses | $392M |
| OPERATING INCOME | $134M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $134M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $4M |
| EBIT | $141M |
| EBITDA | $145M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $102M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$53M |
| Change in Working Capital | $130M |
| OPERATING CASH FLOW | $185M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$121M |
| Sales/Maturities of Investments | $134M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | -$73.0K |
| Common Stock Repurchased | -$87M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $1.0K |
| NET CASH FROM FINANCING | -$103M |
| FREE CASH FLOW | $175M |
| Net Change in Cash | $87M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $360M |
| Short-Term Investments | $2.4B |
| Net Receivables | $4.6B |
| Inventory | $0 |
| Other Current Assets | -$7.3B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $48M |
| Goodwill | $0 |
| Intangible Assets | $45M |
| Long-Term Investments | $3.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$3.8B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $14.0B |
| Account Payables | $412M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$678M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.7B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $12.3B |
| Common Stock | $397.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $73M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $14.0B |
| Total Debt | $1.7B |
| Net Debt | $1.3B |
