| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $787M | $807M | 34.6% | 31.4% |
| Op. Income | $222M | $93M | $113M | 139.1% | 96.6% |
| Gross Margin | 46.4% | 41.4% | 40.1% | 5.0pp | 6.2pp |
| Net Margin | 12.9% | 12.3% | 10.3% | 0.6pp | 2.6pp |
| EPS (Diluted) | $1.18 | $0.83 | $0.70 | 42.2% | 68.6% |
| Free Cash Flow | $237M | $184M | $135M | 28.7% | 75.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $569M |
| GROSS PROFIT | $492M |
| R&D Expenses | $156M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $109M |
| Other Expenses | $4M |
| Operating Expenses | $270M |
| Cost & Expenses | $839M |
| OPERATING INCOME | $222M |
| Interest Income | $1M |
| Interest Expense | $23M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $200M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $137M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $137M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $137M |
| D&A | $123M |
| EBIT | $224M |
| EBITDA | $347M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $569M |
| GROSS PROFIT | $492M |
| R&D Expenses | $156M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $109M |
| Other Expenses | $4M |
| Operating Expenses | $270M |
| Cost & Expenses | $839M |
| OPERATING INCOME | $222M |
| Interest Income | $1M |
| Interest Expense | $23M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $200M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $137M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $137M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $137M |
| D&A | $123M |
| EBIT | $224M |
| EBITDA | $347M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $137M |
| Depreciation & Amortization | $123M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | $52M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$63M |
| OPERATING CASH FLOW | $281M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | -$48M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$88M |
| Net Debt Issuance | $801M |
| Common Stock Repurchased | -$105M |
| Common Dividends Paid | -$900M |
| Other Financing Activities | $863M |
| NET CASH FROM FINANCING | $671M |
| FREE CASH FLOW | $237M |
| Net Change in Cash | $864M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $0 |
| Net Receivables | $499M |
| Inventory | $477M |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $1.2B |
| Goodwill | $2.6B |
| Intangible Assets | $715M |
| Long-Term Investments | $38M |
| Tax Assets | $0 |
| Other Non-Current Assets | $144M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $7.8B |
| Account Payables | $242M |
| Short-Term Debt | $905M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $89M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $176M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $4.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $113M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $7.8B |
| Total Debt | $2.7B |
| Net Debt | $669M |
