| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $559M | $554M | $507M | 0.9% | 10.2% |
| Op. Income | $233M | $224M | $209M | 4.2% | 11.6% |
| Gross Margin | 55.8% | 55.5% | 59.0% | 0.4pp | -3.2pp |
| Net Margin | 26.8% | 20.9% | -3.1% | 5.9pp | 29.9pp |
| EPS (Diluted) | $3.30 | $2.44 | $-0.33 | 35.2% | 1100.0% |
| Free Cash Flow | $188M | $381M | $84M | -50.6% | 124.6% |
| Item | Amount |
|---|---|
| REVENUE | $559M |
| Cost of Revenue | $247M |
| GROSS PROFIT | $312M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $79M |
| Operating Expenses | $79M |
| Cost & Expenses | $326M |
| OPERATING INCOME | $233M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $31M |
| INCOME BEFORE TAX | $265M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $214M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $12M |
| EBIT | $208M |
| EBITDA | $220M |
| EPS | $4 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $559M |
| Cost of Revenue | $247M |
| GROSS PROFIT | $312M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $79M |
| Operating Expenses | $79M |
| Cost & Expenses | $326M |
| OPERATING INCOME | $233M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $31M |
| INCOME BEFORE TAX | $265M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $214M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $12M |
| EBIT | $208M |
| EBITDA | $220M |
| EPS | $4 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $150M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $35M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $68M |
| Change in Working Capital | -$75M |
| OPERATING CASH FLOW | $189M |
| Capital Expenditure | -$700.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$23M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$328M |
| Common Dividends Paid | -$500.0K |
| Other Financing Activities | -$98M |
| NET CASH FROM FINANCING | -$441M |
| FREE CASH FLOW | $188M |
| Net Change in Cash | -$274M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $766M |
| Short-Term Investments | $109M |
| Net Receivables | $509M |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $76M |
| Goodwill | $2.7B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $2.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $204M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $7.7B |
| Account Payables | $0 |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $600.0K |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $620M |
| Retained Earnings | $4.2B |
| Treasury Stock | -$2.1B |
| Accum. Other Comp. Income | -$74M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $1.3B |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $2.5B |
| Net Debt | $1.7B |
