| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.3B | $1.2B | -4.4% | 6.3% |
| Op. Income | $303M | $191M | $315M | 58.8% | -3.8% |
| Gross Margin | 44.5% | 43.0% | 45.7% | 1.4pp | -1.2pp |
| Net Margin | 17.8% | 11.6% | 19.7% | 6.2pp | -1.9pp |
| EPS (Diluted) | $0.88 | $0.59 | $0.92 | 49.2% | -4.3% |
| Free Cash Flow | $74M | $148M | $220M | -50.0% | -66.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $688M |
| GROSS PROFIT | $551M |
| R&D Expenses | $0 |
| Selling & Marketing | $99M |
| General & Administrative | $150M |
| SG&A Expenses | $248M |
| Other Expenses | $0 |
| Operating Expenses | $248M |
| Cost & Expenses | $936M |
| OPERATING INCOME | $303M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $291M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $221M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $221M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $221M |
| D&A | $55M |
| EBIT | $305M |
| EBITDA | $360M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $688M |
| GROSS PROFIT | $551M |
| R&D Expenses | $0 |
| Selling & Marketing | $99M |
| General & Administrative | $150M |
| SG&A Expenses | $248M |
| Other Expenses | $0 |
| Operating Expenses | $248M |
| Cost & Expenses | $936M |
| OPERATING INCOME | $303M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $291M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $221M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $221M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $221M |
| D&A | $55M |
| EBIT | $305M |
| EBITDA | $360M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $221M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | -$168M |
| OPERATING CASH FLOW | $100M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | -$19M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$69M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$62M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$125M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | -$56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $128M |
| Short-Term Investments | $0 |
| Net Receivables | $406M |
| Inventory | $541M |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $612M |
| Goodwill | $2.2B |
| Intangible Assets | $3.1B |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $339M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $7.4B |
| Account Payables | $547M |
| Short-Term Debt | $308M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $309M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $723M |
| Other Non-Current Liabilities | $195M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $293M |
| Additional Paid-In Capital | $306M |
| Retained Earnings | $4.9B |
| Treasury Stock | -$2.3B |
| Accum. Other Comp. Income | -$55M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $7.4B |
| Total Debt | $2.3B |
| Net Debt | $2.2B |
