| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $520M | $465M | $599M | 11.8% | -13.2% |
| Op. Income | $155M | $68M | $178M | 127.2% | -12.7% |
| Gross Margin | 59.0% | 54.7% | 58.4% | 4.3pp | 0.7pp |
| Net Margin | 23.6% | 11.5% | 24.1% | 12.1pp | -0.5pp |
| EPS (Diluted) | $1.98 | $0.86 | $2.08 | 130.2% | -4.8% |
| Free Cash Flow | $153M | $101M | $88M | 52.1% | 74.8% |
| Item | Amount |
|---|---|
| REVENUE | $520M |
| Cost of Revenue | $213M |
| GROSS PROFIT | $307M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $117M |
| Other Expenses | $3M |
| Operating Expenses | $152M |
| Cost & Expenses | $365M |
| OPERATING INCOME | $155M |
| Interest Income | $4M |
| Interest Expense | $13M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $31M |
| EBIT | $158M |
| EBITDA | $189M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $520M |
| Cost of Revenue | $213M |
| GROSS PROFIT | $307M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $117M |
| Other Expenses | $3M |
| Operating Expenses | $152M |
| Cost & Expenses | $365M |
| OPERATING INCOME | $155M |
| Interest Income | $4M |
| Interest Expense | $13M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $31M |
| EBIT | $158M |
| EBITDA | $189M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $123M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | $199M |
| Capital Expenditure | -$46M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $397.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | -$200M |
| Common Stock Repurchased | -$71.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$192M |
| FREE CASH FLOW | $153M |
| Net Change in Cash | -$51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $339M |
| Short-Term Investments | $17M |
| Net Receivables | $496M |
| Inventory | $344M |
| Other Current Assets | $73M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $548M |
| Goodwill | $427M |
| Intangible Assets | $249M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $155M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $50M |
| Short-Term Debt | $150M |
| Deferred Revenue | $213M |
| Other Current Liabilities | $159M |
| TOTAL CURRENT LIABILITIES | $697M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $533M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $6.8B |
| Treasury Stock | -$8.8B |
| Accum. Other Comp. Income | -$127M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$192M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$192M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $1.8B |
| Net Debt | $1.4B |
