| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $757M | $828M | $833M | -8.6% | -9.1% |
| Op. Income | $82M | $104M | $84M | -21.5% | -2.7% |
| Gross Margin | 43.4% | 45.3% | 40.7% | -1.8pp | 2.7pp |
| Net Margin | 7.3% | 7.9% | 7.5% | -0.5pp | -0.2pp |
| EPS (Diluted) | $0.35 | $0.42 | $0.40 | -16.7% | -12.5% |
| Free Cash Flow | -$28M | $166M | $13M | -117.0% | -317.8% |
| Item | Amount |
|---|---|
| REVENUE | $757M |
| Cost of Revenue | $428M |
| GROSS PROFIT | $329M |
| R&D Expenses | $110M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $137M |
| Other Expenses | $0 |
| Operating Expenses | $247M |
| Cost & Expenses | $675M |
| OPERATING INCOME | $82M |
| Interest Income | $534.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $33M |
| EBIT | $75M |
| EBITDA | $108M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $757M |
| Cost of Revenue | $428M |
| GROSS PROFIT | $329M |
| R&D Expenses | $110M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $137M |
| Other Expenses | $0 |
| Operating Expenses | $247M |
| Cost & Expenses | $675M |
| OPERATING INCOME | $82M |
| Interest Income | $534.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $33M |
| EBIT | $75M |
| EBITDA | $108M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$905.0K |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$127M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | -$72M |
| Sales/Maturities of Investments | $54M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$702.0K |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | -$59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $151M |
| Net Receivables | $812M |
| Inventory | $390M |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $335M |
| Goodwill | $311M |
| Intangible Assets | $92M |
| Long-Term Investments | $102M |
| Tax Assets | $647M |
| Other Non-Current Assets | $102M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $247M |
| Short-Term Debt | $7M |
| Deferred Revenue | $136M |
| Other Current Liabilities | $167M |
| TOTAL CURRENT LIABILITIES | $685M |
| Long-Term Debt | $675M |
| Deferred Revenue NC | $54M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $129M |
| TOTAL NON-CURRENT LIABILITIES | $916M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $6.8B |
| Retained Earnings | -$4.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $759M |
| Net Debt | -$270M |
