| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $176M | $210M | $181M | -16.4% | -2.9% |
| Op. Income | $46M | $86M | $65M | -46.4% | -28.8% |
| Gross Margin | 71.5% | 80.3% | 73.4% | -8.9pp | -1.9pp |
| Net Margin | 20.7% | 32.3% | 28.2% | -11.6pp | -7.5pp |
| EPS (Diluted) | $0.47 | $0.86 | $0.63 | -45.3% | -25.4% |
| Free Cash Flow | -$29M | $69M | $41M | -141.6% | -169.9% |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $38M |
| Operating Expenses | $79M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $46M |
| Interest Income | $160M |
| Interest Expense | $42M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | -$15M |
| EBIT | $46M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $38M |
| Operating Expenses | $79M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $46M |
| Interest Income | $160M |
| Interest Expense | $42M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | -$15M |
| EBIT | $46M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | -$15M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$53M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$78M |
| Sales/Maturities of Investments | $334M |
| Other Investing Activities | -$83M |
| NET CASH FROM INVESTING | $166M |
| Net Debt Issuance | $786M |
| Common Stock Repurchased | -$79M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $177M |
| NET CASH FROM FINANCING | $868M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | $1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $1.7B |
| Net Receivables | $46M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $246M |
| Goodwill | $303M |
| Intangible Assets | $8M |
| Long-Term Investments | $12.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $690M |
| TOTAL NON-CURRENT ASSETS | $14.1B |
| TOTAL ASSETS | $17.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.1B |
| TOTAL CURRENT LIABILITIES | $12.3B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $15.4B |
| Common Stock | $136M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $17.4B |
| Total Debt | $3.0B |
| Net Debt | $1.6B |
