| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.3B | $2.2B | -2.6% | 5.4% |
| Op. Income | $363M | $434M | $335M | -16.4% | 8.4% |
| Gross Margin | 34.4% | 34.7% | 34.3% | -0.4pp | 0.0pp |
| Net Margin | 10.8% | 13.2% | 55.9% | -2.5pp | -45.1pp |
| EPS (Diluted) | $0.80 | $1.02 | $3.97 | -21.6% | -79.8% |
| Free Cash Flow | $373M | $106M | $412M | 251.9% | -9.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $783M |
| R&D Expenses | $19M |
| Selling & Marketing | $232M |
| General & Administrative | $158M |
| SG&A Expenses | $390M |
| Other Expenses | $11M |
| Operating Expenses | $420M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $363M |
| Interest Income | $1M |
| Interest Expense | $55M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $347M |
| Income Tax Expense | $102M |
| Net Income from Continuing Ops | $245M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $245M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $245M |
| D&A | $78M |
| EBIT | $402M |
| EBITDA | $480M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $783M |
| R&D Expenses | $19M |
| Selling & Marketing | $232M |
| General & Administrative | $158M |
| SG&A Expenses | $390M |
| Other Expenses | $11M |
| Operating Expenses | $420M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $363M |
| Interest Income | $1M |
| Interest Expense | $55M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $347M |
| Income Tax Expense | $102M |
| Net Income from Continuing Ops | $245M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $245M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $245M |
| D&A | $78M |
| EBIT | $402M |
| EBITDA | $480M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $245M |
| Depreciation & Amortization | $78M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $44M |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | $69M |
| OPERATING CASH FLOW | $431M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | -$53M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$107M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$160M |
| FREE CASH FLOW | $373M |
| Net Change in Cash | $224M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $946M |
| Short-Term Investments | $0 |
| Net Receivables | $702M |
| Inventory | $815M |
| Other Current Assets | $72M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $2.3B |
| Goodwill | $4.0B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $314M |
| TOTAL NON-CURRENT ASSETS | $10.0B |
| TOTAL ASSETS | $12.5B |
| Account Payables | $1.0B |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $982M |
| Other Non-Current Liabilities | $794M |
| TOTAL NON-CURRENT LIABILITIES | $6.8B |
| TOTAL LIABILITIES | $9.6B |
| Common Stock | $12M |
| Additional Paid-In Capital | $388M |
| Retained Earnings | $3.5B |
| Treasury Stock | -$990M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $3M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $12.5B |
| Total Debt | $6.0B |
| Net Debt | $5.1B |
