| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.7B | $1.9B | -14.9% | 21.3% |
| Op. Income | $192M | $248M | -$1.4B | -22.6% | 113.6% |
| Gross Margin | 31.9% | 32.9% | 32.7% | -0.9pp | -0.8pp |
| Net Margin | 3.9% | 4.7% | -67.8% | -0.8pp | 71.7pp |
| EPS (Diluted) | $0.21 | $0.30 | $-3.02 | -30.0% | 107.0% |
| Free Cash Flow | -$79M | $511M | -$35M | -115.5% | -125.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $731M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $534M |
| Other Expenses | $5M |
| Operating Expenses | $539M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $192M |
| Interest Income | $0 |
| Interest Expense | $67M |
| Other Income/Expenses | -$66M |
| INCOME BEFORE TAX | $126M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $86M |
| EBIT | $193M |
| EBITDA | $279M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $731M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $534M |
| Other Expenses | $5M |
| Operating Expenses | $539M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $192M |
| Interest Income | $0 |
| Interest Expense | $67M |
| Other Income/Expenses | -$66M |
| INCOME BEFORE TAX | $126M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $86M |
| EBIT | $193M |
| EBITDA | $279M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $89M |
| Depreciation & Amortization | $86M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$215M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$54M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$100M |
| Other Financing Activities | -$39M |
| NET CASH FROM FINANCING | -$239M |
| FREE CASH FLOW | -$79M |
| Net Change in Cash | -$332M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $682M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $1.9B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $1.7B |
| Goodwill | $3.5B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $0 |
| Tax Assets | $843M |
| Other Non-Current Assets | $417M |
| TOTAL NON-CURRENT ASSETS | $10.0B |
| TOTAL ASSETS | $14.3B |
| Account Payables | $1.5B |
| Short-Term Debt | $357M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $165M |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $5.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $438M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $7.1B |
| TOTAL LIABILITIES | $10.5B |
| Common Stock | $450M |
| Additional Paid-In Capital | $8.0B |
| Retained Earnings | -$3.1B |
| Treasury Stock | -$608M |
| Accum. Other Comp. Income | -$914M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $25M |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $14.3B |
| Total Debt | $6.1B |
| Net Debt | $5.4B |
