| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $4.8B | $4.4B | 6.4% | 17.9% |
| Op. Income | $370M | $323M | $283M | 14.4% | 30.5% |
| Gross Margin | 17.2% | 16.4% | 17.1% | 0.7pp | 0.0pp |
| Net Margin | 5.3% | 4.8% | 4.3% | 0.5pp | 1.0pp |
| EPS (Diluted) | $1.93 | $1.63 | $1.31 | 18.4% | 47.3% |
| Free Cash Flow | -$18M | $324M | $218M | -105.4% | -108.0% |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $883M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $513M |
| Other Expenses | $0 |
| Operating Expenses | $513M |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $370M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $371M |
| Income Tax Expense | $97M |
| Net Income from Continuing Ops | $274M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $274M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $274M |
| D&A | $47M |
| EBIT | $407M |
| EBITDA | $453M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $883M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $513M |
| Other Expenses | $0 |
| Operating Expenses | $513M |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $370M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $371M |
| Income Tax Expense | $97M |
| Net Income from Continuing Ops | $274M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $274M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $274M |
| D&A | $47M |
| EBIT | $407M |
| EBITDA | $453M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $274M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $400.0K |
| Other Non-Cash Items | -$38M |
| Change in Working Capital | -$303M |
| OPERATING CASH FLOW | $300.0K |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $37M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $20M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$377M |
| Common Dividends Paid | -$56M |
| Other Financing Activities | $38M |
| NET CASH FROM FINANCING | -$399M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$377M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $501M |
| Short-Term Investments | $0 |
| Net Receivables | $3.8B |
| Inventory | $889M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $301M |
| Goodwill | $2.7B |
| Intangible Assets | $487M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $9.0B |
| Account Payables | $2.2B |
| Short-Term Debt | $348M |
| Deferred Revenue | $326M |
| Other Current Liabilities | $597M |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $68M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $7.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | -$2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$83M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $9.0B |
| Total Debt | $4.4B |
| Net Debt | $3.9B |
