| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $694M | $660M | $536M | 5.1% | 29.6% |
| Op. Income | $156M | $147M | $90M | 6.3% | 73.5% |
| Gross Margin | 46.4% | 45.7% | 44.7% | 0.7pp | 1.7pp |
| Net Margin | 17.6% | 17.5% | 12.9% | 0.1pp | 4.7pp |
| EPS (Diluted) | $2.20 | $2.08 | $1.25 | 5.8% | 76.0% |
| Free Cash Flow | $100M | $122M | $65M | -17.8% | 54.7% |
| Item | Amount |
|---|---|
| REVENUE | $694M |
| Cost of Revenue | $372M |
| GROSS PROFIT | $322M |
| R&D Expenses | $47M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $96M |
| Other Expenses | $23M |
| Operating Expenses | $166M |
| Cost & Expenses | $538M |
| OPERATING INCOME | $156M |
| Interest Income | $200.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $24M |
| EBIT | $154M |
| EBITDA | $178M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $694M |
| Cost of Revenue | $372M |
| GROSS PROFIT | $322M |
| R&D Expenses | $47M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $96M |
| Other Expenses | $23M |
| Operating Expenses | $166M |
| Cost & Expenses | $538M |
| OPERATING INCOME | $156M |
| Interest Income | $200.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $24M |
| EBIT | $154M |
| EBITDA | $178M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $122M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$186M |
| Sales/Maturities of Investments | $203M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $100M |
| Net Change in Cash | $92M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $700M |
| Short-Term Investments | $210M |
| Net Receivables | $421M |
| Inventory | $515M |
| Other Current Assets | $77M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $480M |
| Goodwill | $1.1B |
| Intangible Assets | $498M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $147M |
| Short-Term Debt | $9M |
| Deferred Revenue | $35M |
| Other Current Liabilities | $147M |
| TOTAL CURRENT LIABILITIES | $372M |
| Long-Term Debt | $813M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $71M |
| Other Non-Current Liabilities | $101M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $878M |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $1.0B |
| Net Debt | $328M |
