| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $849M | $996M | $952M | -14.8% | -10.8% |
| Op. Income | $240M | $484M | $170M | -50.4% | 41.2% |
| Gross Margin | 60.2% | 75.7% | 40.9% | -15.5pp | 19.3pp |
| Net Margin | 21.8% | 37.1% | 13.1% | -15.4pp | 8.7pp |
| EPS (Diluted) | $1.05 | $2.00 | $0.64 | -47.5% | 64.1% |
| Free Cash Flow | $154M | $179M | $142M | -14.0% | 8.5% |
| Item | Amount |
|---|---|
| REVENUE | $849M |
| Cost of Revenue | $338M |
| GROSS PROFIT | $511M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $142M |
| SG&A Expenses | $142M |
| Other Expenses | $129M |
| Operating Expenses | $271M |
| Cost & Expenses | $609M |
| OPERATING INCOME | $240M |
| Interest Income | $661M |
| Interest Expense | $339M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $240M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $185M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $185M |
| D&A | $0 |
| EBIT | $240M |
| EBITDA | $240M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $849M |
| Cost of Revenue | $338M |
| GROSS PROFIT | $511M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $142M |
| SG&A Expenses | $142M |
| Other Expenses | $129M |
| Operating Expenses | $271M |
| Cost & Expenses | $609M |
| OPERATING INCOME | $240M |
| Interest Income | $661M |
| Interest Expense | $339M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $240M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $185M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $185M |
| D&A | $0 |
| EBIT | $240M |
| EBITDA | $240M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $185M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $154M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.3B |
| NET CASH FROM INVESTING | $1.3B |
| Net Debt Issuance | -$1.8B |
| Common Stock Repurchased | -$200M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $157M |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $154M |
| Net Change in Cash | -$340M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $2.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $113M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $75.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.8B |
| TOTAL NON-CURRENT ASSETS | $79.5B |
| TOTAL ASSETS | $83.3B |
| Account Payables | $0 |
| Short-Term Debt | $4.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $75.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $76.5B |
| TOTAL LIABILITIES | $80.6B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $3.8B |
| Treasury Stock | -$4.2B |
| Accum. Other Comp. Income | -$209M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $11M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $83.3B |
| Total Debt | $79.4B |
| Net Debt | $77.9B |
