| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.2B | $2.1B | -5.4% | -1.3% |
| Op. Income | $407M | $383M | $788M | 6.3% | -48.4% |
| Gross Margin | 77.6% | 74.9% | 78.4% | 2.7pp | -0.8pp |
| Net Margin | 5.2% | 1.0% | 23.3% | 4.2pp | -18.2pp |
| EPS (Diluted) | $1.54 | $0.32 | $7.08 | 381.3% | -78.2% |
| Free Cash Flow | $177M | $178M | $416M | -0.6% | -57.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $470M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $706M |
| Other Expenses | $514M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $407M |
| Interest Income | $9M |
| Interest Expense | $207M |
| Other Income/Expenses | -$212M |
| INCOME BEFORE TAX | $195M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $508M |
| EBIT | $402M |
| EBITDA | $910M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $470M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $706M |
| Other Expenses | $514M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $407M |
| Interest Income | $9M |
| Interest Expense | $207M |
| Other Income/Expenses | -$212M |
| INCOME BEFORE TAX | $195M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $508M |
| EBIT | $402M |
| EBITDA | $910M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $108M |
| Depreciation & Amortization | $508M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $84M |
| Change in Working Capital | -$74M |
| OPERATING CASH FLOW | $626M |
| Capital Expenditure | -$449M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$496M |
| Net Debt Issuance | $370M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$245M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $125M |
| FREE CASH FLOW | $177M |
| Net Change in Cash | $236M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $361M |
| Net Receivables | $443M |
| Inventory | $114M |
| Other Current Assets | $332M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $6.2B |
| Goodwill | $3.4B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $269M |
| Tax Assets | $117M |
| Other Non-Current Assets | $163M |
| TOTAL NON-CURRENT ASSETS | $11.7B |
| TOTAL ASSETS | $14.4B |
| Account Payables | $1.4B |
| Short-Term Debt | $3.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $6.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $135M |
| Other Non-Current Liabilities | $140M |
| TOTAL NON-CURRENT LIABILITIES | $7.2B |
| TOTAL LIABILITIES | $12.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $12.8B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $543M |
| Minority Interest | $949M |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $14.4B |
| Total Debt | $10.1B |
| Net Debt | $8.6B |
