| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.0B | $1.5B | -3.4% | 27.2% |
| Op. Income | $472M | $397M | $285M | 18.9% | 65.6% |
| Gross Margin | 48.1% | 47.0% | 44.0% | 1.1pp | 4.0pp |
| Net Margin | 21.7% | 15.6% | 13.5% | 6.0pp | 8.2pp |
| EPS (Diluted) | $3.22 | $2.41 | $1.59 | 33.6% | 102.5% |
| Free Cash Flow | $314M | $644M | $217M | -51.2% | 44.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $995M |
| GROSS PROFIT | $921M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $417M |
| Other Expenses | $0 |
| Operating Expenses | $449M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $472M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | $54M |
| INCOME BEFORE TAX | $526M |
| Income Tax Expense | $109M |
| Net Income from Continuing Ops | $417M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $415M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $415M |
| D&A | $51M |
| EBIT | $549M |
| EBITDA | $600M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $995M |
| GROSS PROFIT | $921M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $417M |
| Other Expenses | $0 |
| Operating Expenses | $449M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $472M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | $54M |
| INCOME BEFORE TAX | $526M |
| Income Tax Expense | $109M |
| Net Income from Continuing Ops | $417M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $415M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $415M |
| D&A | $51M |
| EBIT | $549M |
| EBITDA | $600M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $417M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $20M |
| Other Non-Cash Items | -$71M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | $383M |
| Capital Expenditure | -$69M |
| Acquisitions (Net) | -$85M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$151M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$140M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$247M |
| FREE CASH FLOW | $314M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $860M |
| Short-Term Investments | $0 |
| Net Receivables | $685M |
| Inventory | $534M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $1.5B |
| Goodwill | $1.8B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $332M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $1.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $104M |
| Other Non-Current Liabilities | $797M |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $159M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $3.8B |
| Treasury Stock | -$3.4B |
| Accum. Other Comp. Income | -$623M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $196M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $3.1B |
| Net Debt | $2.3B |
