| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $312M | $348M | $368M | -10.2% | -15.1% |
| Op. Income | $68M | $49M | $125M | 37.6% | -45.7% |
| Gross Margin | 78.3% | 65.6% | 83.1% | 12.7pp | -4.8pp |
| Net Margin | 17.0% | 11.0% | 26.8% | 6.0pp | -9.8pp |
| EPS (Diluted) | $0.57 | $0.39 | $1.05 | 46.2% | -45.7% |
| Free Cash Flow | $98M | -$65M | $48M | 250.8% | 105.0% |
| Item | Amount |
|---|---|
| REVENUE | $312M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $244M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $105M |
| SG&A Expenses | $108M |
| Other Expenses | $69M |
| Operating Expenses | $177M |
| Cost & Expenses | $244M |
| OPERATING INCOME | $68M |
| Interest Income | $252M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $9M |
| EBIT | $68M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $312M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $244M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $105M |
| SG&A Expenses | $108M |
| Other Expenses | $69M |
| Operating Expenses | $177M |
| Cost & Expenses | $244M |
| OPERATING INCOME | $68M |
| Interest Income | $252M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $9M |
| EBIT | $68M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$21M |
| Other Non-Cash Items | $38M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $102M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$513M |
| Sales/Maturities of Investments | $355M |
| Other Investing Activities | -$882M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | -$59.0K |
| Common Dividends Paid | -$36M |
| Other Financing Activities | $2.3B |
| NET CASH FROM FINANCING | $979M |
| FREE CASH FLOW | $98M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $266M |
| Short-Term Investments | $0 |
| Net Receivables | $587M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $853M |
| PP&E (Net) | $258M |
| Goodwill | $538M |
| Intangible Assets | $20M |
| Long-Term Investments | $29.6B |
| Tax Assets | $77M |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $31.9B |
| TOTAL ASSETS | $32.7B |
| Account Payables | $0 |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $26.4B |
| TOTAL CURRENT LIABILITIES | $28.3B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $29.5B |
| Common Stock | $937.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$141M |
| Accum. Other Comp. Income | $41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $32.7B |
| Total Debt | $3.0B |
| Net Debt | $2.7B |
