| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.8B | $4.5B | $3.8B | 5.6% | 26.3% |
| Op. Income | $223M | $207M | $109M | 8.0% | 104.1% |
| Gross Margin | 7.1% | 7.3% | 6.2% | -0.2pp | 0.9pp |
| Net Margin | 3.6% | 3.2% | 2.1% | 0.4pp | 1.6pp |
| EPS (Diluted) | $1.28 | $1.08 | $0.57 | 18.5% | 124.6% |
| Free Cash Flow | -$70M | $148M | $44M | -147.3% | -260.3% |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $342M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $118M |
| Other Expenses | $0 |
| Operating Expenses | $118M |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $223M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $212M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $173M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $173M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $173M |
| D&A | $23M |
| EBIT | $223M |
| EBITDA | $247M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $342M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $118M |
| Other Expenses | $0 |
| Operating Expenses | $118M |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $223M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $212M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $173M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $173M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $173M |
| D&A | $23M |
| EBIT | $223M |
| EBITDA | $247M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $173M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$273M |
| OPERATING CASH FLOW | -$57M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $250M |
| Common Stock Repurchased | -$130M |
| Common Dividends Paid | -$70M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $47M |
| FREE CASH FLOW | -$70M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $218M |
| Short-Term Investments | $0 |
| Net Receivables | $3.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $488M |
| Goodwill | $1.5B |
| Intangible Assets | $106M |
| Long-Term Investments | $0 |
| Tax Assets | $25M |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $1.4B |
| Short-Term Debt | $250M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $110M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $13M |
| Additional Paid-In Capital | $568M |
| Retained Earnings | $4.5B |
| Treasury Stock | -$3.1B |
| Accum. Other Comp. Income | -$53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $1.7B |
| Net Debt | $1.5B |
