| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.6B | $2.4B | -4.7% | -0.7% |
| Op. Income | $193M | $183M | $100M | 5.3% | 92.9% |
| Gross Margin | 39.3% | 38.6% | 41.6% | 0.7pp | -2.2pp |
| Net Margin | 6.7% | 5.5% | 6.3% | 1.2pp | 0.4pp |
| EPS (Diluted) | $2.64 | $2.23 | $2.43 | 18.4% | 8.6% |
| Free Cash Flow | -$458M | $400M | -$145M | -214.5% | -215.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $957M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $764M |
| Operating Expenses | $764M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $193M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $193M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $14M |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $41M |
| EBIT | $222M |
| EBITDA | $263M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $957M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $764M |
| Operating Expenses | $764M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $193M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $193M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $14M |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $41M |
| EBIT | $222M |
| EBITDA | $263M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $163M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $19M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$681M |
| OPERATING CASH FLOW | -$419M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$413M |
| Sales/Maturities of Investments | $525M |
| Other Investing Activities | -$54M |
| NET CASH FROM INVESTING | $15M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | -$38M |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$153M |
| FREE CASH FLOW | -$458M |
| Net Change in Cash | -$557M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $6.7B |
| Net Receivables | $8.5B |
| Inventory | $0 |
| Other Current Assets | -$16.8B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $469M |
| Goodwill | $2.6B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $7.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$11.7B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $44.4B |
| Account Payables | $2.0B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2.6B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$2.2B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $38.6B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $3.6B |
| Treasury Stock | -$123M |
| Accum. Other Comp. Income | $505M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.8B |
| Minority Interest | $3M |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $44.4B |
| Total Debt | $2.2B |
| Net Debt | $552M |
