| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.4B | $856M | -20.7% | 25.3% |
| Op. Income | $250M | $371M | $177M | -32.8% | 40.7% |
| Gross Margin | 59.8% | 58.5% | 59.2% | 1.3pp | 0.6pp |
| Net Margin | 20.5% | 24.7% | 18.8% | -4.2pp | 1.7pp |
| EPS (Diluted) | $1.14 | $1.73 | $0.84 | -34.1% | 35.7% |
| Free Cash Flow | $331M | $387M | $184M | -14.6% | 80.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $431M |
| GROSS PROFIT | $642M |
| R&D Expenses | $203M |
| Selling & Marketing | $31M |
| General & Administrative | $158M |
| SG&A Expenses | $189M |
| Other Expenses | $1M |
| Operating Expenses | $392M |
| Cost & Expenses | $823M |
| OPERATING INCOME | $250M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $855.0K |
| INCOME BEFORE TAX | $251M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $220M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $220M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $220M |
| D&A | $37M |
| EBIT | $250M |
| EBITDA | $287M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $431M |
| GROSS PROFIT | $642M |
| R&D Expenses | $203M |
| Selling & Marketing | $31M |
| General & Administrative | $158M |
| SG&A Expenses | $189M |
| Other Expenses | $1M |
| Operating Expenses | $392M |
| Cost & Expenses | $823M |
| OPERATING INCOME | $250M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $855.0K |
| INCOME BEFORE TAX | $251M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $220M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $220M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $220M |
| D&A | $37M |
| EBIT | $250M |
| EBITDA | $287M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $220M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $497.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $81M |
| OPERATING CASH FLOW | $368M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | -$16M |
| Purchases of Investments | -$405M |
| Sales/Maturities of Investments | $354M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$104M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$117M |
| Other Financing Activities | $18M |
| NET CASH FROM FINANCING | -$116M |
| FREE CASH FLOW | $331M |
| Net Change in Cash | $141M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $343M |
| Net Receivables | $558M |
| Inventory | $838M |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $954M |
| Goodwill | $0 |
| Intangible Assets | $822M |
| Long-Term Investments | $1.2B |
| Tax Assets | $249M |
| Other Non-Current Assets | $204M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $251M |
| Short-Term Debt | $0 |
| Deferred Revenue | $84M |
| Other Current Liabilities | $450M |
| TOTAL CURRENT LIABILITIES | $933M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $118M |
| Other Non-Current Liabilities | $114M |
| TOTAL NON-CURRENT LIABILITIES | $351M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $18M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $4.0B |
| Treasury Stock | -$310M |
| Accum. Other Comp. Income | $140M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $75M |
| Net Debt | -$1.5B |
