| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.6B | $4.0B | -11.9% | -20.6% |
| Op. Income | $59M | $382M | $1.1B | -84.6% | -94.8% |
| Gross Margin | 33.2% | 38.7% | 55.1% | -5.5pp | -22.0pp |
| Net Margin | 1.5% | 8.0% | 21.5% | -6.5pp | -20.0pp |
| EPS (Diluted) | $0.06 | $0.45 | $1.24 | -85.9% | -94.9% |
| Free Cash Flow | $2.4B | $1.5B | $2.0B | 54.9% | 21.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $91M |
| General & Administrative | $327M |
| SG&A Expenses | $418M |
| Other Expenses | $568M |
| Operating Expenses | $986M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $59M |
| Interest Income | $3.8B |
| Interest Expense | $434M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $97M |
| EBIT | $59M |
| EBITDA | $156M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $91M |
| General & Administrative | $327M |
| SG&A Expenses | $418M |
| Other Expenses | $568M |
| Operating Expenses | $986M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $59M |
| Interest Income | $3.8B |
| Interest Expense | $434M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $97M |
| EBIT | $59M |
| EBITDA | $156M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $97M |
| Stock-Based Compensation | $1.7B |
| Deferred Income Tax | -$219M |
| Other Non-Cash Items | $187M |
| Change in Working Capital | $595M |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.5B |
| Sales/Maturities of Investments | $3.1B |
| Other Investing Activities | $2.5B |
| NET CASH FROM INVESTING | $2.0B |
| Net Debt Issuance | -$1.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$128M |
| Other Financing Activities | -$474M |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | $2.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16.3B |
| Short-Term Investments | $6.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $23.0B |
| PP&E (Net) | $0 |
| Goodwill | $1.1B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $78.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7.0B |
| TOTAL NON-CURRENT ASSETS | $73.6B |
| TOTAL ASSETS | $96.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $64.1B |
| TOTAL CURRENT LIABILITIES | $68.6B |
| Long-Term Debt | $16.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $16.1B |
| TOTAL LIABILITIES | $84.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $9.5B |
| Retained Earnings | $9.9B |
| Treasury Stock | -$8.2B |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.9B |
| TOTAL LIABILITIES & EQUITY | $96.5B |
| Total Debt | $16.1B |
| Net Debt | -$275M |
