| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.4B | $949M | -25.3% | 7.3% |
| Op. Income | $79M | $299M | $73M | -73.7% | 7.5% |
| Gross Margin | 22.6% | 35.1% | 23.3% | -12.4pp | -0.7pp |
| Net Margin | 6.5% | 16.9% | 5.9% | -10.4pp | 0.6pp |
| EPS (Diluted) | $0.56 | $1.97 | $0.48 | -71.6% | 16.7% |
| Free Cash Flow | -$68M | $417M | -$107M | -116.3% | 36.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $787M |
| GROSS PROFIT | $230M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $152M |
| Other Expenses | $0 |
| Operating Expenses | $152M |
| Cost & Expenses | $939M |
| OPERATING INCOME | $79M |
| Interest Income | $600.0K |
| Interest Expense | $15M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $74M |
| EBIT | $89M |
| EBITDA | $163M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $787M |
| GROSS PROFIT | $230M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $152M |
| Other Expenses | $0 |
| Operating Expenses | $152M |
| Cost & Expenses | $939M |
| OPERATING INCOME | $79M |
| Interest Income | $600.0K |
| Interest Expense | $15M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $74M |
| EBIT | $89M |
| EBITDA | $163M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $42M |
| Change in Working Capital | -$215M |
| OPERATING CASH FLOW | -$44M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$800.0K |
| Common Dividends Paid | -$62M |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$73M |
| FREE CASH FLOW | -$68M |
| Net Change in Cash | -$120M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $357M |
| Short-Term Investments | $0 |
| Net Receivables | $619M |
| Inventory | $0 |
| Other Current Assets | $144M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $426M |
| Goodwill | $1.7B |
| Intangible Assets | $561M |
| Long-Term Investments | $159M |
| Tax Assets | $0 |
| Other Non-Current Assets | $782M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $120M |
| Short-Term Debt | $0 |
| Deferred Revenue | $148M |
| Other Current Liabilities | $157M |
| TOTAL CURRENT LIABILITIES | $744M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $173M |
| Deferred Tax Liabilities | $135M |
| Other Non-Current Liabilities | $240M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | -$63M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $2.1B |
| Net Debt | $1.7B |
