| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $2.4B | $2.5B | 12.2% | 8.3% |
| Op. Income | $381M | $270M | $366M | 41.1% | 4.1% |
| Gross Margin | 36.3% | 34.7% | 37.2% | 1.5pp | -0.9pp |
| Net Margin | 7.7% | 5.3% | 8.2% | 2.4pp | -0.4pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | $816M | $271M | $333M | 201.1% | 145.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $988M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $491M |
| Other Expenses | $0 |
| Operating Expenses | $607M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $381M |
| Interest Income | $0 |
| Interest Expense | $64M |
| Other Income/Expenses | -$64M |
| INCOME BEFORE TAX | $317M |
| Income Tax Expense | $92M |
| Net Income from Continuing Ops | $225M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $211M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $211M |
| D&A | $94M |
| EBIT | $381M |
| EBITDA | $475M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $988M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $491M |
| Other Expenses | $0 |
| Operating Expenses | $607M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $381M |
| Interest Income | $0 |
| Interest Expense | $64M |
| Other Income/Expenses | -$64M |
| INCOME BEFORE TAX | $317M |
| Income Tax Expense | $92M |
| Net Income from Continuing Ops | $225M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $211M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $211M |
| D&A | $94M |
| EBIT | $381M |
| EBITDA | $475M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $211M |
| Depreciation & Amortization | $94M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $126M |
| Change in Working Capital | $428M |
| OPERATING CASH FLOW | $869M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$65M |
| Net Debt Issuance | -$354M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$140M |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$509M |
| FREE CASH FLOW | $816M |
| Net Change in Cash | $298M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $795M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $1.1B |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $1.4B |
| Goodwill | $6.0B |
| Intangible Assets | $3.5B |
| Long-Term Investments | -$723M |
| Tax Assets | $723M |
| Other Non-Current Assets | $110M |
| TOTAL NON-CURRENT ASSETS | $11.0B |
| TOTAL ASSETS | $14.4B |
| Account Payables | $787M |
| Short-Term Debt | $0 |
| Deferred Revenue | -$18M |
| Other Current Liabilities | $712M |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $4.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $851M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $7.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $9.2B |
| Retained Earnings | -$2.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$150M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.8B |
| Minority Interest | $128M |
| TOTAL EQUITY | $6.9B |
| TOTAL LIABILITIES & EQUITY | $14.4B |
| Total Debt | $4.8B |
| Net Debt | $4.0B |
