| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.4B | $1.2B | -3.3% | 8.3% |
| Op. Income | $122M | $121M | $78M | 0.8% | 56.5% |
| Gross Margin | 19.8% | 24.4% | 17.4% | -4.6pp | 2.4pp |
| Net Margin | 9.3% | 7.1% | 5.2% | 2.2pp | 4.1pp |
| EPS (Diluted) | $1.85 | $1.46 | $0.95 | 26.7% | 94.7% |
| Free Cash Flow | $131M | $190M | $42M | -30.7% | 211.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $85M |
| SG&A Expenses | $85M |
| Other Expenses | $57M |
| Operating Expenses | $141M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $122M |
| Interest Income | $71M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $14M |
| EBIT | $133M |
| EBITDA | $147M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $85M |
| SG&A Expenses | $85M |
| Other Expenses | $57M |
| Operating Expenses | $141M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $122M |
| Interest Income | $71M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $14M |
| EBIT | $133M |
| EBITDA | $147M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $123M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $200.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$65M |
| Change in Working Capital | $68M |
| OPERATING CASH FLOW | $141M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $9M |
| Purchases of Investments | -$566M |
| Sales/Maturities of Investments | $1.0B |
| Other Investing Activities | -$125M |
| NET CASH FROM INVESTING | $312M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$111M |
| FREE CASH FLOW | $131M |
| Net Change in Cash | $341M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $547M |
| Short-Term Investments | $197M |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | -$2.3B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $1.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $8.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$10.0B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $14.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$794M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $228M |
| Other Non-Current Liabilities | -$1.4B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $9.9B |
| Common Stock | $7M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $391M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $14.2B |
| Total Debt | $1.1B |
| Net Debt | $575M |
