| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.2B | $3.5B | 12.5% | 4.0% |
| Op. Income | $241M | $3.2B | $311M | -92.5% | -22.5% |
| Gross Margin | 94.8% | 100.0% | 93.6% | -5.2pp | 1.2pp |
| Net Margin | 4.4% | -2.7% | 5.8% | 7.1pp | -1.4pp |
| EPS (Diluted) | $2.47 | $-1.42 | $3.16 | 273.9% | -21.8% |
| Free Cash Flow | $367M | $2.2B | $623M | -83.3% | -41.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $188M |
| GROSS PROFIT | $3.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$3.2B |
| Operating Expenses | $3.4B |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $241M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$3.4B |
| INCOME BEFORE TAX | $195M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | -$241M |
| EBIT | $240M |
| EBITDA | -$1M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $188M |
| GROSS PROFIT | $3.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$3.2B |
| Operating Expenses | $3.4B |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $241M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$3.4B |
| INCOME BEFORE TAX | $195M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | -$241M |
| EBIT | $240M |
| EBITDA | -$1M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $158M |
| Depreciation & Amortization | -$4M |
| Stock-Based Compensation | -$10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.1B |
| Change in Working Capital | -$1.9B |
| OPERATING CASH FLOW | $372M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $77M |
| NET CASH FROM INVESTING | $72M |
| Net Debt Issuance | -$141M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$43M |
| Other Financing Activities | $1.2B |
| NET CASH FROM FINANCING | $1.0B |
| FREE CASH FLOW | $367M |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.3B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | -$18.2B |
| Goodwill | $0 |
| Intangible Assets | $3.6B |
| Long-Term Investments | $15.3B |
| Tax Assets | $2.9B |
| Other Non-Current Assets | $72.9B |
| TOTAL NON-CURRENT ASSETS | $76.4B |
| TOTAL ASSETS | $80.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $7.9B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | $3.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.6B |
| TOTAL LIABILITIES & EQUITY | $16.6B |
| Total Debt | $4.0B |
| Net Debt | -$307M |
