| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.1B | $2.2B | 11.0% | 7.2% |
| Op. Income | $434M | $262M | $366M | 65.6% | 18.6% |
| Gross Margin | 34.7% | 35.4% | 33.8% | -0.7pp | 0.9pp |
| Net Margin | 13.2% | 4.1% | 7.6% | 9.1pp | 5.6pp |
| EPS (Diluted) | $1.02 | $0.28 | $0.55 | 264.3% | 85.5% |
| Free Cash Flow | $106M | $192M | $84M | -44.8% | 26.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $813M |
| R&D Expenses | $20M |
| Selling & Marketing | $208M |
| General & Administrative | $141M |
| SG&A Expenses | $349M |
| Other Expenses | $10M |
| Operating Expenses | $379M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $434M |
| Interest Income | $0 |
| Interest Expense | $55M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $406M |
| Income Tax Expense | $97M |
| Net Income from Continuing Ops | $309M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $309M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $309M |
| D&A | $76M |
| EBIT | $461M |
| EBITDA | $537M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $813M |
| R&D Expenses | $20M |
| Selling & Marketing | $208M |
| General & Administrative | $141M |
| SG&A Expenses | $349M |
| Other Expenses | $10M |
| Operating Expenses | $379M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $434M |
| Interest Income | $0 |
| Interest Expense | $55M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $406M |
| Income Tax Expense | $97M |
| Net Income from Continuing Ops | $309M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $309M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $309M |
| D&A | $76M |
| EBIT | $461M |
| EBITDA | $537M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $309M |
| Depreciation & Amortization | $76M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $25M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$247M |
| OPERATING CASH FLOW | $180M |
| Capital Expenditure | -$74M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$72M |
| Net Debt Issuance | -$123M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$108M |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$245M |
| FREE CASH FLOW | $106M |
| Net Change in Cash | -$137M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $722M |
| Short-Term Investments | $0 |
| Net Receivables | $765M |
| Inventory | $910M |
| Other Current Assets | $66M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $2.4B |
| Goodwill | $4.0B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $275M |
| TOTAL NON-CURRENT ASSETS | $10.0B |
| TOTAL ASSETS | $12.4B |
| Account Payables | $1.0B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $939M |
| Other Non-Current Liabilities | $803M |
| TOTAL NON-CURRENT LIABILITIES | $6.7B |
| TOTAL LIABILITIES | $9.6B |
| Common Stock | $12M |
| Additional Paid-In Capital | $370M |
| Retained Earnings | $3.4B |
| Treasury Stock | -$991M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $4M |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $12.4B |
| Total Debt | $6.1B |
| Net Debt | $5.4B |
