| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | — | 0.5% | — |
| Op. Income | $259M | $257M | — | 0.5% | — |
| Gross Margin | 51.6% | 52.8% | — | -1.2pp | — |
| Net Margin | 17.8% | 18.1% | — | -0.3pp | — |
| EPS (Diluted) | $1.05 | $1.05 | — | 0.0% | — |
| Free Cash Flow | $184M | $257M | — | -28.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $527M |
| GROSS PROFIT | $563M |
| R&D Expenses | $212M |
| Selling & Marketing | $45M |
| General & Administrative | $47M |
| SG&A Expenses | $92M |
| Other Expenses | $0 |
| Operating Expenses | $304M |
| Cost & Expenses | $831M |
| OPERATING INCOME | $259M |
| Interest Income | $12M |
| Interest Expense | $27M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $242M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $194M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $194M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $194M |
| D&A | $113M |
| EBIT | $268M |
| EBITDA | $381M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $527M |
| GROSS PROFIT | $563M |
| R&D Expenses | $212M |
| Selling & Marketing | $45M |
| General & Administrative | $47M |
| SG&A Expenses | $92M |
| Other Expenses | $0 |
| Operating Expenses | $304M |
| Cost & Expenses | $831M |
| OPERATING INCOME | $259M |
| Interest Income | $12M |
| Interest Expense | $27M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $242M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $194M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $194M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $194M |
| D&A | $113M |
| EBIT | $268M |
| EBITDA | $381M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $194M |
| Depreciation & Amortization | $113M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $308M |
| Capital Expenditure | -$124M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$80M |
| NET CASH FROM INVESTING | -$203M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | -$152M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$127M |
| FREE CASH FLOW | $184M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $29M |
| Net Receivables | $1.6B |
| Inventory | $518M |
| Other Current Assets | $157M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $1.5B |
| Goodwill | $1.0B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $47M |
| Tax Assets | $79M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $852M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $172M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $487M |
| Deferred Tax Liabilities | $118M |
| Other Non-Current Liabilities | $743M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $3M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $44M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $7M |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $2.7B |
| Net Debt | $1.6B |