| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $764M | $802M | $979M | -4.7% | -22.0% |
| Op. Income | $473M | $503M | $175M | -5.9% | 170.9% |
| Gross Margin | 54.5% | 59.7% | 36.6% | -5.2pp | 17.8pp |
| Net Margin | 35.9% | 35.7% | 3.9% | 0.2pp | 31.9pp |
| EPS (Diluted) | $5.47 | $5.74 | $0.81 | -4.7% | 575.3% |
| Free Cash Flow | $193M | $505M | $485M | -61.7% | -60.1% |
| Item | Amount |
|---|---|
| REVENUE | $764M |
| Cost of Revenue | $596M |
| GROSS PROFIT | $416M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $162M |
| SG&A Expenses | $197M |
| Other Expenses | -$503M |
| Operating Expenses | -$306M |
| Cost & Expenses | $291M |
| OPERATING INCOME | $473M |
| Interest Income | $915M |
| Interest Expense | $100M |
| Other Income/Expenses | -$119M |
| INCOME BEFORE TAX | $354M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $263M |
| Net Income from Discontinued Ops | $11M |
| Other Adjustments | $0 |
| NET INCOME | $274M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $274M |
| D&A | $32M |
| EBIT | $372M |
| EBITDA | $403M |
| EPS | $6 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $764M |
| Cost of Revenue | $596M |
| GROSS PROFIT | $416M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $162M |
| SG&A Expenses | $197M |
| Other Expenses | -$503M |
| Operating Expenses | -$306M |
| Cost & Expenses | $291M |
| OPERATING INCOME | $473M |
| Interest Income | $915M |
| Interest Expense | $100M |
| Other Income/Expenses | -$119M |
| INCOME BEFORE TAX | $354M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $263M |
| Net Income from Discontinued Ops | $11M |
| Other Adjustments | $0 |
| NET INCOME | $274M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $274M |
| D&A | $32M |
| EBIT | $372M |
| EBITDA | $403M |
| EPS | $6 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $274M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $48M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$160M |
| OPERATING CASH FLOW | $216M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $23M |
| Purchases of Investments | -$38M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$449M |
| NET CASH FROM INVESTING | -$474M |
| Net Debt Issuance | $730M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$344M |
| NET CASH FROM FINANCING | $376M |
| FREE CASH FLOW | $193M |
| Net Change in Cash | $120M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.0B |
| Short-Term Investments | $0 |
| Net Receivables | $14.5B |
| Inventory | $162M |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $18.9B |
| PP&E (Net) | $511M |
| Goodwill | $1.4B |
| Intangible Assets | $70M |
| Long-Term Investments | $0 |
| Tax Assets | $337M |
| Other Non-Current Assets | $628M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $21.8B |
| Account Payables | $352M |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $942M |
| Other Current Liabilities | $7.2B |
| TOTAL CURRENT LIABILITIES | $10.6B |
| Long-Term Debt | $5.7B |
| Deferred Revenue NC | $101M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.1B |
| TOTAL NON-CURRENT LIABILITIES | $9.2B |
| TOTAL LIABILITIES | $19.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $5.4B |
| Treasury Stock | -$6.7B |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $21.8B |
| Total Debt | $7.6B |
| Net Debt | $4.6B |
