| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $737M | $697M | $679M | 5.7% | 8.5% |
| Op. Income | $127M | $110M | $107M | 15.1% | 18.9% |
| Gross Margin | 43.2% | 43.9% | 41.9% | -0.6pp | 1.3pp |
| Net Margin | 12.9% | 12.1% | 11.4% | 0.7pp | 1.5pp |
| EPS (Diluted) | $1.11 | $0.99 | $0.91 | 12.1% | 22.0% |
| Free Cash Flow | $102M | $60M | $91M | 71.8% | 12.3% |
| Item | Amount |
|---|---|
| REVENUE | $737M |
| Cost of Revenue | $418M |
| GROSS PROFIT | $319M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $176M |
| Other Expenses | -$274.0K |
| Operating Expenses | $192M |
| Cost & Expenses | $610M |
| OPERATING INCOME | $127M |
| Interest Income | $1M |
| Interest Expense | $10M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $50M |
| EBIT | $128M |
| EBITDA | $177M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $737M |
| Cost of Revenue | $418M |
| GROSS PROFIT | $319M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $176M |
| Other Expenses | -$274.0K |
| Operating Expenses | $192M |
| Cost & Expenses | $610M |
| OPERATING INCOME | $127M |
| Interest Income | $1M |
| Interest Expense | $10M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $50M |
| EBIT | $128M |
| EBITDA | $177M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $95M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$154.0K |
| Other Non-Cash Items | $377.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $151M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | -$53M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $188.0K |
| NET CASH FROM INVESTING | -$101M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | -$31M |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $102M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $226M |
| Short-Term Investments | $0 |
| Net Receivables | $513M |
| Inventory | $237M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $1.2B |
| Goodwill | $2.3B |
| Intangible Assets | $576M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $134M |
| Short-Term Debt | $0 |
| Deferred Revenue | $44M |
| Other Current Liabilities | $201M |
| TOTAL CURRENT LIABILITIES | $428M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $153M |
| Other Non-Current Liabilities | $82M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $2.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$226M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $9M |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $1.3B |
| Net Debt | $1.1B |
