| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.5B | $1.5B | 7.3% | 9.4% |
| Op. Income | $570M | $526M | $463M | 8.3% | 23.2% |
| Gross Margin | 59.4% | 59.7% | 58.0% | -0.2pp | 1.4pp |
| Net Margin | 27.7% | 27.3% | 25.2% | 0.4pp | 2.5pp |
| EPS (Diluted) | $2.94 | $2.69 | $2.40 | 9.3% | 22.5% |
| Free Cash Flow | $502M | $456M | $353M | 10.0% | 42.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $670M |
| GROSS PROFIT | $981M |
| R&D Expenses | $229M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $182M |
| Other Expenses | $0 |
| Operating Expenses | $411M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $570M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $527M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $457M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $457M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $457M |
| D&A | $84M |
| EBIT | $566M |
| EBITDA | $650M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $670M |
| GROSS PROFIT | $981M |
| R&D Expenses | $229M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $182M |
| Other Expenses | $0 |
| Operating Expenses | $411M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $570M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $527M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $457M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $457M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $457M |
| D&A | $84M |
| EBIT | $566M |
| EBITDA | $650M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $457M |
| Depreciation & Amortization | $84M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$25M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $561M |
| Capital Expenditure | -$59M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$277M |
| Sales/Maturities of Investments | $239M |
| Other Investing Activities | $741.0K |
| NET CASH FROM INVESTING | -$96M |
| Net Debt Issuance | $40M |
| Common Stock Repurchased | -$177M |
| Common Dividends Paid | -$140M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$261M |
| FREE CASH FLOW | $502M |
| Net Change in Cash | $216M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $865M |
| Net Receivables | $1.4B |
| Inventory | $1.4B |
| Other Current Assets | $83M |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $698M |
| Goodwill | $2.0B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $0 |
| Tax Assets | $259M |
| Other Non-Current Assets | $300M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $262M |
| Short-Term Debt | $20M |
| Deferred Revenue | $766M |
| Other Current Liabilities | $631M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $89M |
| Deferred Tax Liabilities | $646M |
| Other Non-Current Liabilities | $594M |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $2.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $904M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$73M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $15M |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $3.6B |
| Net Debt | $2.1B |
