| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $609M | $617M | $661M | -1.4% | -7.9% |
| Op. Income | $266M | $294M | $201M | -9.5% | 32.3% |
| Gross Margin | 80.9% | 80.3% | 64.6% | 0.6pp | 16.2pp |
| Net Margin | 30.3% | 34.0% | 22.2% | -3.7pp | 8.0pp |
| EPS (Diluted) | $2.15 | $2.44 | $1.67 | -11.9% | 28.7% |
| Free Cash Flow | $58M | $234M | $402M | -75.1% | -85.5% |
| Item | Amount |
|---|---|
| REVENUE | $609M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $492M |
| R&D Expenses | $0 |
| Selling & Marketing | $52M |
| General & Administrative | $108M |
| SG&A Expenses | $160M |
| Other Expenses | $66M |
| Operating Expenses | $226M |
| Cost & Expenses | $343M |
| OPERATING INCOME | $266M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $236M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $184M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $184M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $184M |
| D&A | $66M |
| EBIT | $264M |
| EBITDA | $330M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $609M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $492M |
| R&D Expenses | $0 |
| Selling & Marketing | $52M |
| General & Administrative | $108M |
| SG&A Expenses | $160M |
| Other Expenses | $66M |
| Operating Expenses | $226M |
| Cost & Expenses | $343M |
| OPERATING INCOME | $266M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $236M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $184M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $184M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $184M |
| D&A | $66M |
| EBIT | $264M |
| EBITDA | $330M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $184M |
| Depreciation & Amortization | $66M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$198M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$44M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $9.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | $117M |
| Common Stock Repurchased | -$162M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | -$45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $958M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $200M |
| Goodwill | $4.7B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $12M |
| Tax Assets | $0 |
| Other Non-Current Assets | $186M |
| TOTAL NON-CURRENT ASSETS | $7.1B |
| TOTAL ASSETS | $11.4B |
| Account Payables | $1.3B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $203M |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $501M |
| Other Non-Current Liabilities | $234M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $8.1B |
| Common Stock | $127.0K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | $5.6B |
| Treasury Stock | -$3.6B |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $11.4B |
| Total Debt | $4.4B |
| Net Debt | $3.5B |
