| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.1B | $717M | -6.5% | 40.3% |
| Op. Income | $190M | $144M | -$71M | 32.4% | 367.6% |
| Gross Margin | 44.5% | 40.3% | 24.6% | 4.1pp | 19.9pp |
| Net Margin | 14.7% | 10.4% | -3.0% | 4.3pp | 17.6pp |
| EPS (Diluted) | $1.08 | $0.80 | $-0.15 | 35.0% | 820.0% |
| Free Cash Flow | $89M | $194M | $126M | -53.8% | -28.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $559M |
| GROSS PROFIT | $447M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $257M |
| Operating Expenses | $257M |
| Cost & Expenses | $816M |
| OPERATING INCOME | $190M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $147M |
| D&A | $109M |
| EBIT | $214M |
| EBITDA | $323M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $559M |
| GROSS PROFIT | $447M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $257M |
| Operating Expenses | $257M |
| Cost & Expenses | $816M |
| OPERATING INCOME | $190M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $147M |
| D&A | $109M |
| EBIT | $214M |
| EBITDA | $323M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $147M |
| Depreciation & Amortization | $109M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $26M |
| Other Non-Cash Items | -$189M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | -$54M |
| NET CASH FROM INVESTING | -$334M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$103M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $99M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $89M |
| Net Change in Cash | -$253M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $22.6B |
| Net Receivables | $4.9B |
| Inventory | $0 |
| Other Current Assets | -$27.6B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $24.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$24.2B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $34.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$3.9B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $29.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $884M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.9B |
| TOTAL LIABILITIES & EQUITY | $34.7B |
| Total Debt | $3.9B |
| Net Debt | $3.9B |
