| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.2B | $1.1B | -3.0% | -0.9% |
| Op. Income | $241M | $219M | $224M | 10.3% | 8.0% |
| Gross Margin | 44.9% | 43.3% | 43.5% | 1.6pp | 1.5pp |
| Net Margin | 14.9% | 8.5% | 10.5% | 6.4pp | 4.3pp |
| EPS (Diluted) | $0.64 | $0.37 | $0.45 | 73.0% | 42.2% |
| Free Cash Flow | $383M | $121M | $252M | 215.7% | 51.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $627M |
| GROSS PROFIT | $511M |
| R&D Expenses | $97M |
| Selling & Marketing | $84M |
| General & Administrative | $89M |
| SG&A Expenses | $173M |
| Other Expenses | $0 |
| Operating Expenses | $270M |
| Cost & Expenses | $897M |
| OPERATING INCOME | $241M |
| Interest Income | $0 |
| Interest Expense | $61M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $199M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $170M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $170M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $170M |
| D&A | $179M |
| EBIT | $260M |
| EBITDA | $439M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $627M |
| GROSS PROFIT | $511M |
| R&D Expenses | $97M |
| Selling & Marketing | $84M |
| General & Administrative | $89M |
| SG&A Expenses | $173M |
| Other Expenses | $0 |
| Operating Expenses | $270M |
| Cost & Expenses | $897M |
| OPERATING INCOME | $241M |
| Interest Income | $0 |
| Interest Expense | $61M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $199M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $170M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $170M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $170M |
| D&A | $179M |
| EBIT | $260M |
| EBITDA | $439M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $170M |
| Depreciation & Amortization | $179M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$52M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $92M |
| OPERATING CASH FLOW | $408M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | -$98M |
| Purchases of Investments | -$800.0K |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$95M |
| Net Debt Issuance | -$407M |
| Common Stock Repurchased | -$28M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$236M |
| NET CASH FROM FINANCING | -$703M |
| FREE CASH FLOW | $383M |
| Net Change in Cash | -$389M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $262M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $781M |
| Goodwill | $7.9B |
| Intangible Assets | $4.4B |
| Long-Term Investments | $389M |
| Tax Assets | $0 |
| Other Non-Current Assets | $79M |
| TOTAL NON-CURRENT ASSETS | $13.6B |
| TOTAL ASSETS | $15.6B |
| Account Payables | $42M |
| Short-Term Debt | $72M |
| Deferred Revenue | $326M |
| Other Current Liabilities | $976M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $6.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $989M |
| Other Non-Current Liabilities | $307M |
| TOTAL NON-CURRENT LIABILITIES | $8.5B |
| TOTAL LIABILITIES | $10.3B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$96M |
| Accum. Other Comp. Income | -$372M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $15.6B |
| Total Debt | $7.2B |
| Net Debt | $7.0B |
