| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.1B | -2.5% | 3.2% |
| Op. Income | $219M | $261M | $202M | -16.3% | 8.3% |
| Gross Margin | 43.3% | 45.3% | 41.8% | -2.0pp | 1.5pp |
| Net Margin | 8.5% | 11.8% | 7.1% | -3.3pp | 1.3pp |
| EPS (Diluted) | $0.37 | $0.54 | $0.31 | -31.5% | 19.4% |
| Free Cash Flow | $121M | $542M | $105M | -77.6% | 15.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $666M |
| GROSS PROFIT | $508M |
| R&D Expenses | $105M |
| Selling & Marketing | $91M |
| General & Administrative | $93M |
| SG&A Expenses | $184M |
| Other Expenses | $0 |
| Operating Expenses | $289M |
| Cost & Expenses | $955M |
| OPERATING INCOME | $219M |
| Interest Income | $0 |
| Interest Expense | $77M |
| Other Income/Expenses | -$95M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $185M |
| EBIT | $201M |
| EBITDA | $386M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $666M |
| GROSS PROFIT | $508M |
| R&D Expenses | $105M |
| Selling & Marketing | $91M |
| General & Administrative | $93M |
| SG&A Expenses | $184M |
| Other Expenses | $0 |
| Operating Expenses | $289M |
| Cost & Expenses | $955M |
| OPERATING INCOME | $219M |
| Interest Income | $0 |
| Interest Expense | $77M |
| Other Income/Expenses | -$95M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $185M |
| EBIT | $201M |
| EBITDA | $386M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $99M |
| Depreciation & Amortization | $185M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | -$32M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$149M |
| OPERATING CASH FLOW | $148M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | -$16M |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$73M |
| Net Debt Issuance | $150M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$674M |
| NET CASH FROM FINANCING | -$518M |
| FREE CASH FLOW | $121M |
| Net Change in Cash | -$450M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $374M |
| Short-Term Investments | $0 |
| Net Receivables | $1.8B |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $794M |
| Goodwill | $7.9B |
| Intangible Assets | $4.5B |
| Long-Term Investments | $404M |
| Tax Assets | $0 |
| Other Non-Current Assets | $79M |
| TOTAL NON-CURRENT ASSETS | $13.6B |
| TOTAL ASSETS | $16.0B |
| Account Payables | $43M |
| Short-Term Debt | $320M |
| Deferred Revenue | $348M |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $7.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.0B |
| Other Non-Current Liabilities | $318M |
| TOTAL NON-CURRENT LIABILITIES | $8.7B |
| TOTAL LIABILITIES | $10.9B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | $1.2B |
| Treasury Stock | -$78M |
| Accum. Other Comp. Income | -$406M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $16.0B |
| Total Debt | $7.6B |
| Net Debt | $7.3B |
