| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $3.0B | $3.0B | -3.8% | -2.4% |
| Op. Income | $202M | $377M | $353M | -46.4% | -42.8% |
| Gross Margin | 26.4% | 29.5% | 28.8% | -3.1pp | -2.4pp |
| Net Margin | 5.5% | 9.8% | 9.4% | -4.2pp | -3.9pp |
| EPS (Diluted) | $0.79 | $1.44 | $1.31 | -45.1% | -39.7% |
| Free Cash Flow | $181M | $441M | $489M | -59.0% | -63.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $769M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $240M |
| SG&A Expenses | $240M |
| Other Expenses | $327M |
| Operating Expenses | $567M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $202M |
| Interest Income | $0 |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $202M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $29M |
| EBIT | $248M |
| EBITDA | $276M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $769M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $240M |
| SG&A Expenses | $240M |
| Other Expenses | $327M |
| Operating Expenses | $567M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $202M |
| Interest Income | $0 |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $202M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $29M |
| EBIT | $248M |
| EBITDA | $276M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $161M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $54M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $220M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$925M |
| Sales/Maturities of Investments | $584M |
| Other Investing Activities | $503M |
| NET CASH FROM INVESTING | $123M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$58M |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$89M |
| FREE CASH FLOW | $181M |
| Net Change in Cash | $253M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $337M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $541M |
| Goodwill | $349M |
| Intangible Assets | $0 |
| Long-Term Investments | $53.8B |
| Tax Assets | $47M |
| Other Non-Current Assets | $8.6B |
| TOTAL NON-CURRENT ASSETS | $63.4B |
| TOTAL ASSETS | $65.3B |
| Account Payables | $0 |
| Short-Term Debt | $400M |
| Deferred Revenue | $414M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $814M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $94M |
| Other Non-Current Liabilities | $51.7B |
| TOTAL NON-CURRENT LIABILITIES | $54.7B |
| TOTAL LIABILITIES | $55.5B |
| Common Stock | $31M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $10.8B |
| Treasury Stock | -$3.2B |
| Accum. Other Comp. Income | -$217M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.8B |
| TOTAL LIABILITIES & EQUITY | $65.3B |
| Total Debt | $3.3B |
| Net Debt | $3.0B |
