| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $756M | $799M | $807M | -5.4% | -6.3% |
| Op. Income | $16M | $235M | $274M | -93.2% | -94.2% |
| Gross Margin | 56.1% | 88.5% | 87.2% | -32.4pp | -31.2pp |
| Net Margin | 1.9% | 22.9% | 26.4% | -21.1pp | -24.5pp |
| EPS (Diluted) | $0.04 | $0.97 | $1.04 | -95.9% | -96.2% |
| Free Cash Flow | $125M | $328M | -$67M | -61.9% | 286.6% |
| Item | Amount |
|---|---|
| REVENUE | $756M |
| Cost of Revenue | $332M |
| GROSS PROFIT | $424M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $278M |
| SG&A Expenses | $281M |
| Other Expenses | $127M |
| Operating Expenses | $408M |
| Cost & Expenses | $740M |
| OPERATING INCOME | $16M |
| Interest Income | $622M |
| Interest Expense | $74M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $45M |
| EBIT | $16M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $756M |
| Cost of Revenue | $332M |
| GROSS PROFIT | $424M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $278M |
| SG&A Expenses | $281M |
| Other Expenses | $127M |
| Operating Expenses | $408M |
| Cost & Expenses | $740M |
| OPERATING INCOME | $16M |
| Interest Income | $622M |
| Interest Expense | $74M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $45M |
| EBIT | $16M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$46M |
| Other Non-Cash Items | $256M |
| Change in Working Capital | -$129M |
| OPERATING CASH FLOW | $153M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.7B |
| Sales/Maturities of Investments | $823M |
| Other Investing Activities | -$1.2B |
| NET CASH FROM INVESTING | -$2.1B |
| Net Debt Issuance | $1.7B |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | -$66M |
| Other Financing Activities | $424M |
| NET CASH FROM FINANCING | $2.0B |
| FREE CASH FLOW | $125M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $14.3B |
| Net Receivables | $331M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16.6B |
| PP&E (Net) | $1.1B |
| Goodwill | $0 |
| Intangible Assets | $1.0B |
| Long-Term Investments | $49.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $54.8B |
| TOTAL ASSETS | $71.5B |
| Account Payables | $0 |
| Short-Term Debt | $3.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $57.5B |
| TOTAL CURRENT LIABILITIES | $61.3B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $917M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $64.0B |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $259M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.5B |
| TOTAL LIABILITIES & EQUITY | $71.5B |
| Total Debt | $5.6B |
| Net Debt | $3.6B |
