| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.8B | $3.4B | -15.4% | -6.3% |
| Op. Income | $3.2B | $358M | $265M | 795.0% | 1109.1% |
| Gross Margin | 100.0% | 93.8% | 94.1% | 6.2pp | 5.9pp |
| Net Margin | -2.7% | 6.2% | 5.0% | -9.0pp | -7.7pp |
| EPS (Diluted) | $-1.42 | $3.68 | $2.66 | -138.6% | -153.4% |
| Free Cash Flow | $2.2B | $534M | $329M | 312.4% | 569.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $0 |
| OPERATING INCOME | $3.2B |
| Interest Income | $0 |
| Interest Expense | $41M |
| Other Income/Expenses | -$3.3B |
| INCOME BEFORE TAX | -$96M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | -$88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$88M |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $0 |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$88M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $366M |
| Change in Working Capital | $1.9B |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.1B |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$156M |
| Common Dividends Paid | -$44M |
| Other Financing Activities | $527M |
| NET CASH FROM FINANCING | $307M |
| FREE CASH FLOW | $2.2B |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | -$17.5B |
| Goodwill | $0 |
| Intangible Assets | $3.6B |
| Long-Term Investments | $15.4B |
| Tax Assets | $2.2B |
| Other Non-Current Assets | $69.2B |
| TOTAL NON-CURRENT ASSETS | $72.8B |
| TOTAL ASSETS | $75.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $7.8B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | $1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.3B |
| TOTAL LIABILITIES & EQUITY | $12.9B |
| Total Debt | $3.5B |
| Net Debt | $730M |
