| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $875M | $802M | $785M | 9.1% | 11.4% |
| Op. Income | $223M | $195M | $198M | 14.1% | 12.4% |
| Gross Margin | 61.7% | 59.5% | 60.5% | 2.2pp | 1.2pp |
| Net Margin | -7.7% | 12.9% | 13.9% | -20.5pp | -21.6pp |
| EPS (Diluted) | $-0.24 | $0.38 | $0.40 | -163.2% | -160.0% |
| Free Cash Flow | $282M | $219M | $191M | 28.9% | 47.5% |
| Item | Amount |
|---|---|
| REVENUE | $875M |
| Cost of Revenue | $335M |
| GROSS PROFIT | $540M |
| R&D Expenses | $103M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $215M |
| Other Expenses | $0 |
| Operating Expenses | $317M |
| Cost & Expenses | $652M |
| OPERATING INCOME | $223M |
| Interest Income | $1M |
| Interest Expense | $36M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $207M |
| Income Tax Expense | $274M |
| Net Income from Continuing Ops | -$67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$67M |
| D&A | $132M |
| EBIT | $242M |
| EBITDA | $374M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$67M |
| Depreciation & Amortization | $132M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $84M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $126M |
| OPERATING CASH FLOW | $290M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $76M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$75M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$623M |
| Common Stock Repurchased | $480.5K |
| Common Dividends Paid | -$56M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$665M |
| FREE CASH FLOW | $282M |
| Net Change in Cash | -$345M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $498M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $463M |
| Goodwill | $4.7B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $83M |
| Tax Assets | $867M |
| Other Non-Current Assets | $129M |
| TOTAL NON-CURRENT ASSETS | $7.6B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $42M |
| Short-Term Debt | $10M |
| Deferred Revenue | $798M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $97M |
| Deferred Tax Liabilities | $179M |
| Other Non-Current Liabilities | $144M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $1.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.1B |
| Treasury Stock | -$48M |
| Accum. Other Comp. Income | $66M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $1M |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $3.9B |
| Net Debt | $2.4B |
