| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $872M | $913M | $843M | -4.5% | 3.5% |
| Op. Income | $143M | $115M | $148M | 24.2% | -3.4% |
| Gross Margin | 96.3% | 95.6% | 93.4% | 0.7pp | 2.9pp |
| Net Margin | 12.4% | 9.5% | 12.9% | 2.9pp | -0.6pp |
| EPS (Diluted) | $0.93 | $0.71 | $0.87 | 31.0% | 6.9% |
| Free Cash Flow | $900M | -$59M | $28M | 1633.0% | 3158.3% |
| Item | Amount |
|---|---|
| REVENUE | $872M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $840M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $547M |
| SG&A Expenses | $547M |
| Other Expenses | $150M |
| Operating Expenses | $697M |
| Cost & Expenses | $729M |
| OPERATING INCOME | $143M |
| Interest Income | $128M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $143M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $103M |
| D&A | $15M |
| EBIT | $143M |
| EBITDA | $158M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $872M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $840M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $547M |
| SG&A Expenses | $547M |
| Other Expenses | $150M |
| Operating Expenses | $697M |
| Cost & Expenses | $729M |
| OPERATING INCOME | $143M |
| Interest Income | $128M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $143M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $103M |
| D&A | $15M |
| EBIT | $143M |
| EBITDA | $158M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $108M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | -$43M |
| Change in Working Capital | $816M |
| OPERATING CASH FLOW | $906M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$280.0K |
| Purchases of Investments | -$549M |
| Sales/Maturities of Investments | $297M |
| Other Investing Activities | -$282M |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | $269M |
| Common Stock Repurchased | -$357.0K |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$1.1B |
| NET CASH FROM FINANCING | -$592M |
| FREE CASH FLOW | $900M |
| Net Change in Cash | $323M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $3.2B |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.6B |
| PP&E (Net) | $840M |
| Goodwill | $1.2B |
| Intangible Assets | $150M |
| Long-Term Investments | $15.5B |
| Tax Assets | $101M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $19.0B |
| TOTAL ASSETS | $25.6B |
| Account Payables | $2.4B |
| Short-Term Debt | $818M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.3B |
| TOTAL CURRENT LIABILITIES | $19.5B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $466M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $21.7B |
| Common Stock | $11M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $1.8B |
| Treasury Stock | -$318M |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $25.6B |
| Total Debt | $2.6B |
| Net Debt | $821M |
