| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | — | $3.0B | — | 7.0% |
| Op. Income | $1.1B | — | $1.1B | — | -7.9% |
| Gross Margin | 86.1% | — | 93.0% | — | -6.9pp |
| Net Margin | 25.1% | — | 29.1% | — | -4.0pp |
| EPS (Diluted) | $4.16 | — | $4.08 | — | 2.0% |
| Free Cash Flow | $580M | — | $1.0B | — | -44.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $450M |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $572M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $1.1B |
| Interest Income | $2.7B |
| Interest Expense | $411M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $237M |
| Net Income from Continuing Ops | $816M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $816M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $776M |
| D&A | $188M |
| EBIT | $1.1B |
| EBITDA | $1.2B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $450M |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $572M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $1.1B |
| Interest Income | $2.7B |
| Interest Expense | $411M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $237M |
| Net Income from Continuing Ops | $816M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $816M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $776M |
| D&A | $188M |
| EBIT | $1.1B |
| EBITDA | $1.2B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $816M |
| Depreciation & Amortization | $188M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$353M |
| OPERATING CASH FLOW | $697M |
| Capital Expenditure | -$117M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.1B |
| Sales/Maturities of Investments | $4.5B |
| Other Investing Activities | -$2.0B |
| NET CASH FROM INVESTING | $375M |
| Net Debt Issuance | -$2.6B |
| Common Stock Repurchased | -$1.1B |
| Common Dividends Paid | -$260M |
| Other Financing Activities | $3.0B |
| NET CASH FROM FINANCING | -$981M |
| FREE CASH FLOW | $580M |
| Net Change in Cash | $91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $13.7B |
| Net Receivables | $334M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15.5B |
| PP&E (Net) | $1.1B |
| Goodwill | $1.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $48.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.6B |
| TOTAL NON-CURRENT ASSETS | $53.7B |
| TOTAL ASSETS | $69.2B |
| Account Payables | $0 |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $57.1B |
| TOTAL CURRENT LIABILITIES | $59.1B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $958M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $61.8B |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $43M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.4B |
| TOTAL LIABILITIES & EQUITY | $69.2B |
| Total Debt | $3.8B |
| Net Debt | $2.3B |