| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $845M | $1.1B | $874M | -19.7% | -3.4% |
| Op. Income | $280M | $506M | $480M | -44.8% | -41.8% |
| Gross Margin | 43.8% | 55.0% | 61.1% | -11.2pp | -17.2pp |
| Net Margin | 24.2% | 35.8% | 40.3% | -11.6pp | -16.2pp |
| EPS (Diluted) | $2.94 | $5.15 | $4.39 | -42.9% | -33.0% |
| Free Cash Flow | $2.6B | -$1.3B | $1.1B | 307.3% | 143.4% |
| Item | Amount |
|---|---|
| REVENUE | $845M |
| Cost of Revenue | $474M |
| GROSS PROFIT | $370M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $34M |
| SG&A Expenses | $44M |
| Other Expenses | $46M |
| Operating Expenses | $91M |
| Cost & Expenses | $565M |
| OPERATING INCOME | $280M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $280M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $204M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $204M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $204M |
| D&A | $11M |
| EBIT | $280M |
| EBITDA | $290M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $845M |
| Cost of Revenue | $474M |
| GROSS PROFIT | $370M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $34M |
| SG&A Expenses | $44M |
| Other Expenses | $46M |
| Operating Expenses | $91M |
| Cost & Expenses | $565M |
| OPERATING INCOME | $280M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $280M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $204M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $204M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $204M |
| D&A | $11M |
| EBIT | $280M |
| EBITDA | $290M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $204M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.6B |
| Change in Working Capital | -$171M |
| OPERATING CASH FLOW | $2.6B |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $10M |
| Sales/Maturities of Investments | -$153M |
| Other Investing Activities | $200M |
| NET CASH FROM INVESTING | $42M |
| Net Debt Issuance | -$2.6B |
| Common Stock Repurchased | -$155M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | -$2.8B |
| FREE CASH FLOW | $2.6B |
| Net Change in Cash | -$118M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $324M |
| Short-Term Investments | $4M |
| Net Receivables | $18.6B |
| Inventory | $9M |
| Other Current Assets | $731M |
| TOTAL CURRENT ASSETS | $19.6B |
| PP&E (Net) | $109M |
| Goodwill | $0 |
| Intangible Assets | $3.5B |
| Long-Term Investments | $2M |
| Tax Assets | $380M |
| Other Non-Current Assets | $237M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $23.9B |
| Account Payables | $506M |
| Short-Term Debt | $8.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$26M |
| TOTAL CURRENT LIABILITIES | $9.4B |
| Long-Term Debt | $10.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $114M |
| TOTAL NON-CURRENT LIABILITIES | $11.0B |
| TOTAL LIABILITIES | $20.4B |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $618M |
| Retained Earnings | $2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $23.9B |
| Total Debt | $19.2B |
| Net Debt | $18.8B |
