| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.7B | $3.9B | -2.2% | -8.8% |
| Op. Income | $382M | $921M | $1.5B | -58.5% | -73.9% |
| Gross Margin | 38.7% | 54.6% | 63.8% | -16.0pp | -25.2pp |
| Net Margin | 8.0% | 20.0% | 28.2% | -12.0pp | -20.2pp |
| EPS (Diluted) | $0.45 | $1.15 | $1.56 | -60.9% | -71.2% |
| Free Cash Flow | $1.5B | $2.3B | $2.3B | -34.2% | -32.9% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $111M |
| General & Administrative | $324M |
| SG&A Expenses | $435M |
| Other Expenses | $567M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $382M |
| Interest Income | $4.4B |
| Interest Expense | $517M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $382M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $286M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $286M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $275M |
| D&A | $96M |
| EBIT | $382M |
| EBITDA | $478M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $111M |
| General & Administrative | $324M |
| SG&A Expenses | $435M |
| Other Expenses | $567M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $382M |
| Interest Income | $4.4B |
| Interest Expense | $517M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $382M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $286M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $286M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $275M |
| D&A | $96M |
| EBIT | $382M |
| EBITDA | $478M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $286M |
| Depreciation & Amortization | $96M |
| Stock-Based Compensation | $1.7B |
| Deferred Income Tax | -$109M |
| Other Non-Cash Items | $180M |
| Change in Working Capital | -$593M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | $4.1B |
| NET CASH FROM INVESTING | $3.9B |
| Net Debt Issuance | -$2.6B |
| Common Stock Repurchased | -$985M |
| Common Dividends Paid | -$135M |
| Other Financing Activities | -$533M |
| NET CASH FROM FINANCING | -$4.3B |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.7B |
| Short-Term Investments | $6.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $19.9B |
| PP&E (Net) | $0 |
| Goodwill | $1.1B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $82.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.6B |
| TOTAL NON-CURRENT ASSETS | $78.2B |
| TOTAL ASSETS | $98.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $64.6B |
| TOTAL CURRENT LIABILITIES | $68.8B |
| Long-Term Debt | $17.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $17.2B |
| TOTAL LIABILITIES | $86.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $9.5B |
| Retained Earnings | $10.0B |
| Treasury Stock | -$8.2B |
| Accum. Other Comp. Income | -$49M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.0B |
| TOTAL LIABILITIES & EQUITY | $98.0B |
| Total Debt | $17.2B |
| Net Debt | $3.5B |
