| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $2.4B | $2.0B | 11.6% | 33.5% |
| Op. Income | $532M | $465M | $357M | 14.4% | 48.7% |
| Gross Margin | 31.8% | 30.6% | 30.4% | 1.2pp | 1.4pp |
| Net Margin | 13.9% | 13.9% | 13.0% | 0.1pp | 1.0pp |
| EPS (Diluted) | $0.30 | $0.27 | $0.21 | 11.1% | 42.9% |
| Free Cash Flow | $283M | $243M | $301M | 16.6% | -5.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $843M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $312M |
| Other Expenses | $0 |
| Operating Expenses | $312M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $532M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$85M |
| INCOME BEFORE TAX | $447M |
| Income Tax Expense | $78M |
| Net Income from Continuing Ops | $369M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | $0 |
| NET INCOME | $370M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $370M |
| D&A | $103M |
| EBIT | $476M |
| EBITDA | $579M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $843M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $312M |
| Other Expenses | $0 |
| Operating Expenses | $312M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $532M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$85M |
| INCOME BEFORE TAX | $447M |
| Income Tax Expense | $78M |
| Net Income from Continuing Ops | $369M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | $0 |
| NET INCOME | $370M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $370M |
| D&A | $103M |
| EBIT | $476M |
| EBITDA | $579M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $369M |
| Depreciation & Amortization | $103M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | -$79M |
| OPERATING CASH FLOW | $388M |
| Capital Expenditure | -$105M |
| Acquisitions (Net) | -$1.3B |
| Purchases of Investments | -$36M |
| Sales/Maturities of Investments | $36M |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | $203M |
| Common Stock Repurchased | -$167M |
| Common Dividends Paid | -$87M |
| Other Financing Activities | $84M |
| NET CASH FROM FINANCING | $34M |
| FREE CASH FLOW | $283M |
| Net Change in Cash | -$1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $33M |
| Net Receivables | $2.1B |
| Inventory | $1.8B |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $6.5B |
| PP&E (Net) | $1.2B |
| Goodwill | $5.9B |
| Intangible Assets | $621M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $386M |
| TOTAL NON-CURRENT ASSETS | $8.1B |
| TOTAL ASSETS | $14.6B |
| Account Payables | $1.2B |
| Short-Term Debt | $526M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $945M |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $437M |
| Other Non-Current Liabilities | $637M |
| TOTAL NON-CURRENT LIABILITIES | $5.8B |
| TOTAL LIABILITIES | $8.8B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $3.9B |
| Treasury Stock | -$100M |
| Accum. Other Comp. Income | -$300M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $63M |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $14.6B |
| Total Debt | $5.2B |
| Net Debt | $4.0B |
