| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.4B | 5.4% | 8.9% |
| Op. Income | $526M | $453M | $410M | 16.2% | 28.3% |
| Gross Margin | 59.7% | 57.4% | 57.2% | 2.3pp | 2.4pp |
| Net Margin | 27.3% | 28.2% | 24.5% | -0.8pp | 2.8pp |
| EPS (Diluted) | $2.69 | $2.63 | $2.16 | 2.3% | 24.5% |
| Free Cash Flow | $456M | $411M | $464M | 11.0% | -1.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $621M |
| GROSS PROFIT | $918M |
| R&D Expenses | $219M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $173M |
| Other Expenses | $0 |
| Operating Expenses | $392M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $526M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $484M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $420M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $421M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $421M |
| D&A | $80M |
| EBIT | $523M |
| EBITDA | $603M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $621M |
| GROSS PROFIT | $918M |
| R&D Expenses | $219M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $173M |
| Other Expenses | $0 |
| Operating Expenses | $392M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $526M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $484M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $420M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $421M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $421M |
| D&A | $80M |
| EBIT | $523M |
| EBITDA | $603M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $420M |
| Depreciation & Amortization | $80M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $512M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$250M |
| Sales/Maturities of Investments | $171M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$134M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$188M |
| Common Dividends Paid | -$141M |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | -$404M |
| FREE CASH FLOW | $456M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $828M |
| Net Receivables | $1.1B |
| Inventory | $1.4B |
| Other Current Assets | $77M |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $661M |
| Goodwill | $2.0B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $0 |
| Tax Assets | $294M |
| Other Non-Current Assets | $224M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $9.3B |
| Account Payables | $254M |
| Short-Term Debt | $0 |
| Deferred Revenue | $623M |
| Other Current Liabilities | $572M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $85M |
| Deferred Tax Liabilities | $657M |
| Other Non-Current Liabilities | $577M |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $2.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $754M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$79M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $15M |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $9.3B |
| Total Debt | $3.5B |
| Net Debt | $2.3B |
