| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | — | $1.5B | — | 8.3% |
| Op. Income | $222M | — | $127M | — | 75.3% |
| Gross Margin | 54.2% | — | 53.7% | — | 0.5pp |
| Net Margin | 12.2% | — | 6.9% | — | 5.3pp |
| EPS (Diluted) | $1.20 | — | $0.63 | — | 91.6% |
| Free Cash Flow | $225M | — | $74M | — | 203.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $748M |
| GROSS PROFIT | $886M |
| R&D Expenses | $166M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $519M |
| Other Expenses | -$7M |
| Operating Expenses | $664M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $222M |
| Interest Income | $8M |
| Interest Expense | $9M |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | $238M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $200M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $200M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $200M |
| D&A | $129M |
| EBIT | $248M |
| EBITDA | $377M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $748M |
| GROSS PROFIT | $886M |
| R&D Expenses | $166M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $519M |
| Other Expenses | -$7M |
| Operating Expenses | $664M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $222M |
| Interest Income | $8M |
| Interest Expense | $9M |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | $238M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $200M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $200M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $200M |
| D&A | $129M |
| EBIT | $248M |
| EBITDA | $377M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $200M |
| Depreciation & Amortization | $129M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $39M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$61M |
| OPERATING CASH FLOW | $305M |
| Capital Expenditure | -$80M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | -$834M |
| Sales/Maturities of Investments | $810M |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | -$82M |
| Net Debt Issuance | -$161M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$42M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$226M |
| FREE CASH FLOW | $225M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $239M |
| Net Receivables | $495M |
| Inventory | $357M |
| Other Current Assets | $163M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $574M |
| Goodwill | $41M |
| Intangible Assets | $471M |
| Long-Term Investments | $35M |
| Tax Assets | $44M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $109M |
| Short-Term Debt | $173M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $98M |
| TOTAL CURRENT LIABILITIES | $634M |
| Long-Term Debt | $228M |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $271M |
| TOTAL LIABILITIES | $905M |
| Common Stock | $9M |
| Additional Paid-In Capital | $87M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | $32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $408M |
| Net Debt | $384M |