| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $787M | $788M | $776M | -0.0% | 1.5% |
| Op. Income | $93M | $102M | $55M | -9.2% | 67.9% |
| Gross Margin | 41.4% | 42.6% | 37.9% | -1.3pp | 3.4pp |
| Net Margin | 12.3% | 6.4% | 5.1% | 5.9pp | 7.2pp |
| EPS (Diluted) | $0.83 | $0.43 | $0.33 | 93.0% | 151.5% |
| Free Cash Flow | $184M | $179M | $207M | 2.9% | -10.8% |
| Item | Amount |
|---|---|
| REVENUE | $787M |
| Cost of Revenue | $462M |
| GROSS PROFIT | $326M |
| R&D Expenses | $130M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $16M |
| Operating Expenses | $233M |
| Cost & Expenses | $695M |
| OPERATING INCOME | $93M |
| Interest Income | $1M |
| Interest Expense | $19M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $78.0K |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $97M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $122M |
| EBIT | $116M |
| EBITDA | $238M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $787M |
| Cost of Revenue | $462M |
| GROSS PROFIT | $326M |
| R&D Expenses | $130M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $16M |
| Operating Expenses | $233M |
| Cost & Expenses | $695M |
| OPERATING INCOME | $93M |
| Interest Income | $1M |
| Interest Expense | $19M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $78.0K |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $97M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $122M |
| EBIT | $116M |
| EBITDA | $238M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $97M |
| Depreciation & Amortization | $122M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $214M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $155.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $306M |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | $230M |
| FREE CASH FLOW | $184M |
| Net Change in Cash | $421M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $337M |
| Inventory | $524M |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $1.2B |
| Goodwill | $2.6B |
| Intangible Assets | $738M |
| Long-Term Investments | $37M |
| Tax Assets | $0 |
| Other Non-Current Assets | $177M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $6.9B |
| Account Payables | $226M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $84M |
| TOTAL CURRENT LIABILITIES | $509M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $153M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $4.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $6.9B |
| Total Debt | $1.9B |
| Net Debt | $740M |
