| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.8B | $2.3B | 0.5% | 23.2% |
| Op. Income | $378M | $478M | -$89M | -20.9% | 524.7% |
| Gross Margin | 33.9% | 34.1% | 22.8% | -0.2pp | 11.2pp |
| Net Margin | 11.1% | 13.8% | -2.7% | -2.7pp | 13.7pp |
| EPS (Diluted) | $1.14 | $1.42 | $-0.22 | -19.7% | 618.2% |
| Free Cash Flow | $79M | $360M | $209M | -78.1% | -62.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $958M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $580M |
| Operating Expenses | $580M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $378M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $378M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $312M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $312M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $312M |
| D&A | $14M |
| EBIT | $406M |
| EBITDA | $420M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $958M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $580M |
| Operating Expenses | $580M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $378M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $378M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $312M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $312M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $312M |
| D&A | $14M |
| EBIT | $406M |
| EBITDA | $420M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $312M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $30M |
| Other Non-Cash Items | -$128M |
| Change in Working Capital | -$146M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | -$2.3B |
| Sales/Maturities of Investments | $2.7B |
| Other Investing Activities | $26M |
| NET CASH FROM INVESTING | $408M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$310M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$321M |
| FREE CASH FLOW | $79M |
| Net Change in Cash | $169M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $588M |
| Short-Term Investments | $1.3B |
| Net Receivables | $7.8B |
| Inventory | $0 |
| Other Current Assets | -$9.7B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $244M |
| Goodwill | $148M |
| Intangible Assets | $0 |
| Long-Term Investments | $47.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$47.9B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $63.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $4.1B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$6.9B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $51.6B |
| Common Stock | $683M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $9.1B |
| Treasury Stock | -$59M |
| Accum. Other Comp. Income | $187M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.1B |
| TOTAL LIABILITIES & EQUITY | $63.7B |
| Total Debt | $2.8B |
| Net Debt | $2.2B |
