| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.1B | $2.3B | -9.8% | -16.3% |
| Op. Income | $327M | $407M | $464M | -19.7% | -29.5% |
| Gross Margin | 76.8% | 77.6% | 77.6% | -0.8pp | -0.8pp |
| Net Margin | 8.2% | 5.2% | 3.1% | 3.1pp | 5.1pp |
| EPS (Diluted) | $2.23 | $1.54 | $1.00 | 44.8% | 123.0% |
| Free Cash Flow | $35M | $177M | $309M | -80.2% | -88.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $439M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $646M |
| Other Expenses | $480M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $327M |
| Interest Income | $6M |
| Interest Expense | $184M |
| Other Income/Expenses | -$84M |
| INCOME BEFORE TAX | $243M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $175M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $156M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $156M |
| D&A | $475M |
| EBIT | $427M |
| EBITDA | $902M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $439M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $646M |
| Other Expenses | $480M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $327M |
| Interest Income | $6M |
| Interest Expense | $184M |
| Other Income/Expenses | -$84M |
| INCOME BEFORE TAX | $243M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $175M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $156M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $156M |
| D&A | $475M |
| EBIT | $427M |
| EBITDA | $902M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $156M |
| Depreciation & Amortization | $475M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$99M |
| Change in Working Capital | -$53M |
| OPERATING CASH FLOW | $479M |
| Capital Expenditure | -$444M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$74M |
| NET CASH FROM INVESTING | -$553M |
| Net Debt Issuance | -$152M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$185M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | -$320M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $276M |
| Net Receivables | $472M |
| Inventory | $102M |
| Other Current Assets | $350M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $6.7B |
| Goodwill | $3.6B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $281M |
| Tax Assets | $117M |
| Other Non-Current Assets | $173M |
| TOTAL NON-CURRENT ASSETS | $12.4B |
| TOTAL ASSETS | $14.7B |
| Account Payables | $1.5B |
| Short-Term Debt | $2.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $7.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $113M |
| Other Non-Current Liabilities | $150M |
| TOTAL NON-CURRENT LIABILITIES | $7.6B |
| TOTAL LIABILITIES | $13.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $12.8B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $811M |
| Minority Interest | $891M |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $14.7B |
| Total Debt | $10.1B |
| Net Debt | $8.9B |
