| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.9B | — | -21.2% | — |
| Op. Income | $52M | $76M | — | -31.6% | — |
| Gross Margin | 38.5% | 38.3% | — | 0.2pp | — |
| Net Margin | 1.8% | -0.1% | — | 2.0pp | — |
| EPS (Diluted) | $0.11 | $-0.01 | — | 1270.2% | — |
| Free Cash Flow | $15M | $150M | — | -90.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $901M |
| GROSS PROFIT | $564M |
| R&D Expenses | $76M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $426M |
| Other Expenses | $10M |
| Operating Expenses | $512M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $52M |
| Interest Income | $3M |
| Interest Expense | $18M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $88M |
| EBIT | $53M |
| EBITDA | $141M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $901M |
| GROSS PROFIT | $564M |
| R&D Expenses | $76M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $426M |
| Other Expenses | $10M |
| Operating Expenses | $512M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $52M |
| Interest Income | $3M |
| Interest Expense | $18M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $88M |
| EBIT | $53M |
| EBITDA | $141M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $88M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | -$78M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$38M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $39M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$310M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$57M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$372M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | -$351M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $922M |
| Other Current Assets | $245M |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $1.1B |
| Goodwill | $3.9B |
| Intangible Assets | $250M |
| Long-Term Investments | $1.9B |
| Tax Assets | $563M |
| Other Non-Current Assets | $976M |
| TOTAL NON-CURRENT ASSETS | $8.7B |
| TOTAL ASSETS | $14.1B |
| Account Payables | $916M |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $727M |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $8.4B |
| Common Stock | $213M |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $6.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $4M |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $14.1B |
| Total Debt | $4.3B |
| Net Debt | $2.1B |
