| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $720M | $720M | $759M | -0.0% | -5.1% |
| Op. Income | $128M | $88M | $103M | 46.4% | 24.2% |
| Gross Margin | 28.1% | 25.7% | 25.3% | 2.4pp | 2.8pp |
| Net Margin | 12.7% | 7.4% | 10.2% | 5.3pp | 2.5pp |
| EPS (Diluted) | $1.41 | $0.83 | $1.20 | 69.9% | 17.5% |
| Free Cash Flow | $13M | $10M | $33M | 23.4% | -62.1% |
| Item | Amount |
|---|---|
| REVENUE | $720M |
| Cost of Revenue | $518M |
| GROSS PROFIT | $203M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $592M |
| OPERATING INCOME | $128M |
| Interest Income | $476.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $33M |
| EBIT | $128M |
| EBITDA | $161M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $720M |
| Cost of Revenue | $518M |
| GROSS PROFIT | $203M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $592M |
| OPERATING INCOME | $128M |
| Interest Income | $476.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $33M |
| EBIT | $128M |
| EBITDA | $161M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $91M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $182.0K |
| Other Non-Cash Items | -$10.0K |
| Change in Working Capital | -$102M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $22.0K |
| Purchases of Investments | -$21.0K |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $556.0K |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$66M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $0 |
| Net Receivables | $639M |
| Inventory | $531M |
| Other Current Assets | $67M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $1.0B |
| Goodwill | $792M |
| Intangible Assets | $596M |
| Long-Term Investments | $71M |
| Tax Assets | $18M |
| Other Non-Current Assets | $224M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $219M |
| Short-Term Debt | $202M |
| Deferred Revenue | $26M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $595M |
| Long-Term Debt | $869M |
| Deferred Revenue NC | $352M |
| Deferred Tax Liabilities | $154M |
| Other Non-Current Liabilities | $165M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $227M |
| Retained Earnings | $2.3B |
| Treasury Stock | -$605M |
| Accum. Other Comp. Income | -$67M |
| Other Equity | $10M |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $1.1B |
| Net Debt | $992M |
