| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $2.9B | $3.0B | 4.9% | 1.9% |
| Op. Income | $338M | $202M | $352M | 67.0% | -4.1% |
| Gross Margin | 29.8% | 26.4% | 27.8% | 3.5pp | 2.0pp |
| Net Margin | 8.7% | 5.5% | 9.4% | 3.2pp | -0.7pp |
| EPS (Diluted) | $1.30 | $0.79 | $1.33 | 64.6% | -2.3% |
| Free Cash Flow | $594M | $181M | $389M | 228.6% | 52.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $913M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $233M |
| SG&A Expenses | $233M |
| Other Expenses | $343M |
| Operating Expenses | $576M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $338M |
| Interest Income | $0 |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $338M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $266M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $266M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $266M |
| D&A | $27M |
| EBIT | $385M |
| EBITDA | $412M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $913M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $233M |
| SG&A Expenses | $233M |
| Other Expenses | $343M |
| Operating Expenses | $576M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $338M |
| Interest Income | $0 |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $338M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $266M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $266M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $266M |
| D&A | $27M |
| EBIT | $385M |
| EBITDA | $412M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $266M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$54M |
| Change in Working Capital | $394M |
| OPERATING CASH FLOW | $633M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $786M |
| Other Investing Activities | -$316M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $479M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$58M |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | $409M |
| FREE CASH FLOW | $594M |
| Net Change in Cash | -$172M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $166M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $518M |
| Goodwill | $349M |
| Intangible Assets | $0 |
| Long-Term Investments | $57.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.8B |
| TOTAL NON-CURRENT ASSETS | $67.5B |
| TOTAL ASSETS | $69.3B |
| Account Payables | $0 |
| Short-Term Debt | $400M |
| Deferred Revenue | $441M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $841M |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $156M |
| Other Non-Current Liabilities | $54.4B |
| TOTAL NON-CURRENT LIABILITIES | $57.9B |
| TOTAL LIABILITIES | $58.7B |
| Common Stock | $31M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $11.0B |
| Treasury Stock | -$3.2B |
| Accum. Other Comp. Income | $327M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.6B |
| TOTAL LIABILITIES & EQUITY | $69.3B |
| Total Debt | $3.8B |
| Net Debt | $3.6B |
