| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $366M | $1.2B | 278.0% | 16.2% |
| Op. Income | $354M | -$63M | $290M | 665.0% | 21.9% |
| Gross Margin | 39.8% | 14.8% | 39.7% | 25.0pp | 0.1pp |
| Net Margin | 18.2% | -19.5% | 33.3% | 37.8pp | -15.1pp |
| EPS (Diluted) | $4.47 | $-1.28 | $7.09 | 449.2% | -37.0% |
| Free Cash Flow | -$296M | -$340M | -$321M | 12.8% | 7.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $833M |
| GROSS PROFIT | $550M |
| R&D Expenses | $10M |
| Selling & Marketing | $56M |
| General & Administrative | $122M |
| SG&A Expenses | $178M |
| Other Expenses | $9M |
| Operating Expenses | $197M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $354M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $334M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $250M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | $0 |
| NET INCOME | $252M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $252M |
| D&A | $24M |
| EBIT | $357M |
| EBITDA | $380M |
| EPS | $5 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $833M |
| GROSS PROFIT | $550M |
| R&D Expenses | $10M |
| Selling & Marketing | $56M |
| General & Administrative | $122M |
| SG&A Expenses | $178M |
| Other Expenses | $9M |
| Operating Expenses | $197M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $354M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $334M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $250M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | $0 |
| NET INCOME | $252M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $252M |
| D&A | $24M |
| EBIT | $357M |
| EBITDA | $380M |
| EPS | $5 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $252M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$200.0K |
| Change in Working Capital | -$576M |
| OPERATING CASH FLOW | -$289M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $115M |
| NET CASH FROM INVESTING | $108M |
| Net Debt Issuance | $267M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$33M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $185M |
| FREE CASH FLOW | -$296M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $995M |
| Inventory | $743M |
| Other Current Assets | $178M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $535M |
| Goodwill | $538M |
| Intangible Assets | $692M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $328M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $325M |
| Short-Term Debt | $212M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $444M |
| TOTAL CURRENT LIABILITIES | $981M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $246M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $451M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | -$942M |
| Accum. Other Comp. Income | -$108M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $790M |
| Minority Interest | $5M |
| TOTAL EQUITY | $795M |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $2.3B |
| Net Debt | $2.3B |
