| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.1B | 5.0% | 23.2% |
| Op. Income | $185M | $108M | $56M | 71.2% | 232.0% |
| Gross Margin | 23.1% | 19.2% | 15.7% | 3.9pp | 7.4pp |
| Net Margin | 15.1% | 5.2% | 4.8% | 9.8pp | 10.2pp |
| EPS (Diluted) | $0.09 | $0.03 | $0.02 | 217.6% | 285.7% |
| Free Cash Flow | $370M | $337M | $257M | 9.8% | 44.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $325M |
| R&D Expenses | $101M |
| Selling & Marketing | $29M |
| General & Administrative | $49M |
| SG&A Expenses | $78M |
| Other Expenses | -$40M |
| Operating Expenses | $140M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $185M |
| Interest Income | $7M |
| Interest Expense | $17M |
| Other Income/Expenses | $26M |
| INCOME BEFORE TAX | $211M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $192M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $212M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $212M |
| D&A | $388M |
| EBIT | $228M |
| EBITDA | $615M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $325M |
| R&D Expenses | $101M |
| Selling & Marketing | $29M |
| General & Administrative | $49M |
| SG&A Expenses | $78M |
| Other Expenses | -$40M |
| Operating Expenses | $140M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $185M |
| Interest Income | $7M |
| Interest Expense | $17M |
| Other Income/Expenses | $26M |
| INCOME BEFORE TAX | $211M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $192M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $212M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $212M |
| D&A | $388M |
| EBIT | $228M |
| EBITDA | $615M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $211M |
| Depreciation & Amortization | $388M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$49M |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $519M |
| Capital Expenditure | -$149M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$160M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$249M |
| Net Debt Issuance | -$60M |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$93M |
| FREE CASH FLOW | $370M |
| Net Change in Cash | $149M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.2B |
| Short-Term Investments | $32M |
| Net Receivables | $900M |
| Inventory | $739M |
| Other Current Assets | $375M |
| TOTAL CURRENT ASSETS | $5.3B |
| PP&E (Net) | $4.5B |
| Goodwill | $241.1K |
| Intangible Assets | $153M |
| Long-Term Investments | $1.3B |
| Tax Assets | $229M |
| Other Non-Current Assets | $138M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $11.6B |
| Account Payables | $271M |
| Short-Term Debt | $304M |
| Deferred Revenue | $52M |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $64M |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $3.9B |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $1.2B |
| Treasury Stock | -$42M |
| Accum. Other Comp. Income | $318M |
| Other Equity | $27M |
| TOTAL STOCKHOLDERS' EQUITY | $6.6B |
| Minority Interest | $2M |
| TOTAL EQUITY | $6.6B |
| TOTAL LIABILITIES & EQUITY | $11.6B |
| Total Debt | $2.2B |
| Net Debt | -$976M |
