| Metric | FY 2020 | Prior Q | FY 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $604M | — | $1.6B | — | -61.3% |
| Op. Income | -$329M | — | $187M | — | -275.9% |
| Gross Margin | 90.9% | — | 94.0% | — | -3.1pp |
| Net Margin | -47.8% | — | 8.1% | — | -55.9pp |
| EPS (Diluted) | $-2.14 | — | $0.90 | — | -337.8% |
| Free Cash Flow | -$249M | — | $341M | — | -173.0% |
| Item | Amount |
|---|---|
| REVENUE | $604M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $549M |
| R&D Expenses | $224M |
| Selling & Marketing | $316M |
| General & Administrative | $173M |
| SG&A Expenses | $489M |
| Other Expenses | $165M |
| Operating Expenses | $878M |
| Cost & Expenses | $933M |
| OPERATING INCOME | -$329M |
| Interest Income | $3M |
| Interest Expense | $35M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | -$369M |
| Income Tax Expense | -$80M |
| Net Income from Continuing Ops | -$289M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$289M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$289M |
| D&A | $125M |
| EBIT | -$334M |
| EBITDA | -$209M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$289M |
| Depreciation & Amortization | $125M |
| Stock-Based Compensation | $109M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $37M |
| Change in Working Capital | -$175M |
| OPERATING CASH FLOW | -$194M |
| Capital Expenditure | -$55M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $494M |
| Common Stock Repurchased | -$115M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$38M |
| NET CASH FROM FINANCING | $341M |
| FREE CASH FLOW | -$249M |
| Net Change in Cash | $99M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $418M |
| Short-Term Investments | $0 |
| Net Receivables | $133M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $573M |
| PP&E (Net) | $294M |
| Goodwill | $862M |
| Intangible Assets | $86M |
| Long-Term Investments | $40M |
| Tax Assets | $10M |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $28M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $242M |
| Long-Term Debt | $491M |
| Deferred Revenue NC | $33M |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $190M |
| TOTAL NON-CURRENT LIABILITIES | $841M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $389M |
| Treasury Stock | -$722M |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $886M |
| Minority Interest | $0 |
| TOTAL EQUITY | $886M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $634M |
| Net Debt | $216M |
