| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.8B | $5.0B | $4.4B | -2.4% | 10.2% |
| Op. Income | $323M | $332M | $246M | -2.6% | 31.6% |
| Gross Margin | 16.4% | 17.8% | 17.2% | -1.3pp | -0.8pp |
| Net Margin | 4.8% | 4.8% | 3.8% | 0.0pp | 1.0pp |
| EPS (Diluted) | $1.63 | $1.65 | $1.16 | -1.2% | 40.5% |
| Free Cash Flow | $324M | $552M | $198M | -41.3% | 63.9% |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $795M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $472M |
| Other Expenses | $0 |
| Operating Expenses | $472M |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $323M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $289M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $233M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $233M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $233M |
| D&A | $45M |
| EBIT | $325M |
| EBITDA | $370M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $795M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $472M |
| Other Expenses | $0 |
| Operating Expenses | $472M |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $323M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $289M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $233M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $233M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $233M |
| D&A | $45M |
| EBIT | $325M |
| EBITDA | $370M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $233M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $53M |
| OPERATING CASH FLOW | $345M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | -$213M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$234M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$358M |
| Common Dividends Paid | -$57M |
| Other Financing Activities | -$225M |
| NET CASH FROM FINANCING | -$644M |
| FREE CASH FLOW | $324M |
| Net Change in Cash | -$532M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $879M |
| Short-Term Investments | $0 |
| Net Receivables | $3.6B |
| Inventory | $745M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $304M |
| Goodwill | $2.8B |
| Intangible Assets | $419M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $48M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $9.1B |
| Account Payables | $2.1B |
| Short-Term Debt | $316M |
| Deferred Revenue | $327M |
| Other Current Liabilities | $639M |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $29M |
| Other Non-Current Liabilities | $69M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $7.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | -$2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$89M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $9.1B |
| Total Debt | $4.4B |
| Net Debt | $3.5B |
