| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $913M | $964M | $809M | -5.3% | 12.9% |
| Op. Income | $115M | $163M | $138M | -29.2% | -16.5% |
| Gross Margin | 95.6% | 96.7% | 93.6% | -1.2pp | 2.0pp |
| Net Margin | 9.5% | 13.6% | 12.3% | -4.1pp | -2.8pp |
| EPS (Diluted) | $0.71 | $1.08 | $0.81 | -34.3% | -12.3% |
| Free Cash Flow | -$59M | $552M | -$440M | -110.6% | 86.7% |
| Item | Amount |
|---|---|
| REVENUE | $913M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $873M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $577M |
| SG&A Expenses | $577M |
| Other Expenses | $181M |
| Operating Expenses | $758M |
| Cost & Expenses | $798M |
| OPERATING INCOME | $115M |
| Interest Income | $161M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $14M |
| EBIT | $115M |
| EBITDA | $130M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $913M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $873M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $577M |
| SG&A Expenses | $577M |
| Other Expenses | $181M |
| Operating Expenses | $758M |
| Cost & Expenses | $798M |
| OPERATING INCOME | $115M |
| Interest Income | $161M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $14M |
| EBIT | $115M |
| EBITDA | $130M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | $17M |
| Other Non-Cash Items | $111M |
| Change in Working Capital | -$265M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | $37M |
| Purchases of Investments | -$451M |
| Sales/Maturities of Investments | $543M |
| Other Investing Activities | -$593M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $198M |
| Common Stock Repurchased | -$56M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $1.3B |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | -$59M |
| Net Change in Cash | $306M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $3.4B |
| Net Receivables | $2.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.9B |
| PP&E (Net) | $830M |
| Goodwill | $1.2B |
| Intangible Assets | $155M |
| Long-Term Investments | $15.2B |
| Tax Assets | $115M |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $19.0B |
| TOTAL ASSETS | $25.9B |
| Account Payables | $2.5B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.9B |
| TOTAL CURRENT LIABILITIES | $20.5B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $355M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $22.4B |
| Common Stock | $11M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $1.7B |
| Treasury Stock | -$321M |
| Accum. Other Comp. Income | -$96M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $25.9B |
| Total Debt | $2.7B |
| Net Debt | $1.3B |
