| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $973M | 5.7% | 20.0% |
| Op. Income | $275M | $225M | $100M | 21.9% | 175.7% |
| Gross Margin | 69.9% | 69.7% | 66.9% | 0.2pp | 3.1pp |
| Net Margin | 23.2% | 14.9% | 5.7% | 8.4pp | 17.6pp |
| EPS (Diluted) | $3.13 | $1.84 | $0.61 | 70.1% | 413.1% |
| Free Cash Flow | $563M | $145M | $322M | 289.1% | 75.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $351M |
| GROSS PROFIT | $817M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $488M |
| Other Expenses | $53M |
| Operating Expenses | $542M |
| Cost & Expenses | $893M |
| OPERATING INCOME | $275M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | $104M |
| INCOME BEFORE TAX | $379M |
| Income Tax Expense | $108M |
| Net Income from Continuing Ops | $271M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $271M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $271M |
| D&A | $52M |
| EBIT | $407M |
| EBITDA | $459M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $351M |
| GROSS PROFIT | $817M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $488M |
| Other Expenses | $53M |
| Operating Expenses | $542M |
| Cost & Expenses | $893M |
| OPERATING INCOME | $275M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | $104M |
| INCOME BEFORE TAX | $379M |
| Income Tax Expense | $108M |
| Net Income from Continuing Ops | $271M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $271M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $271M |
| D&A | $52M |
| EBIT | $407M |
| EBITDA | $459M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $271M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $24M |
| Change in Working Capital | $204M |
| OPERATING CASH FLOW | $575M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$23M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | $500M |
| Common Stock Repurchased | -$685M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$187M |
| FREE CASH FLOW | $563M |
| Net Change in Cash | $354M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $796M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $248M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $927M |
| Goodwill | $3.0B |
| Intangible Assets | $775M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $273M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $634M |
| Short-Term Debt | $92M |
| Deferred Revenue | $2.2B |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $516M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $6.7B |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $2.7B |
| Treasury Stock | -$4.1B |
| Accum. Other Comp. Income | -$83M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $528M |
| Minority Interest | $0 |
| TOTAL EQUITY | $528M |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $3.3B |
| Net Debt | $2.5B |
