| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $3.6B | $2.4B | -25.1% | 11.7% |
| Op. Income | $381M | $548M | $270M | -30.5% | 41.1% |
| Gross Margin | 35.1% | 34.3% | 34.7% | 0.8pp | 0.4pp |
| Net Margin | 8.2% | 8.9% | 5.3% | -0.7pp | 2.9pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | $206M | $476M | $271M | -56.7% | -24.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $952M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $469M |
| Other Expenses | $0 |
| Operating Expenses | $567M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $381M |
| Interest Income | $0 |
| Interest Expense | $62M |
| Other Income/Expenses | -$58M |
| INCOME BEFORE TAX | $323M |
| Income Tax Expense | $85M |
| Net Income from Continuing Ops | $238M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $222M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $222M |
| D&A | $81M |
| EBIT | $381M |
| EBITDA | $462M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $952M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $469M |
| Other Expenses | $0 |
| Operating Expenses | $567M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $381M |
| Interest Income | $0 |
| Interest Expense | $62M |
| Other Income/Expenses | -$58M |
| INCOME BEFORE TAX | $323M |
| Income Tax Expense | $85M |
| Net Income from Continuing Ops | $238M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $222M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $222M |
| D&A | $81M |
| EBIT | $381M |
| EBITDA | $462M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $222M |
| Depreciation & Amortization | $81M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$106M |
| Change in Working Capital | $41M |
| OPERATING CASH FLOW | $247M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$177M |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$216M |
| FREE CASH FLOW | $206M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $638M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $1.2B |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $1.3B |
| Goodwill | $6.0B |
| Intangible Assets | $3.6B |
| Long-Term Investments | -$714M |
| Tax Assets | $714M |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $12.8B |
| TOTAL ASSETS | $16.1B |
| Account Payables | $965M |
| Short-Term Debt | $441M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $479M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $4.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $835M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $8.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $10.7B |
| Retained Earnings | -$2.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$95M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.0B |
| Minority Interest | $125M |
| TOTAL EQUITY | $8.1B |
| TOTAL LIABILITIES & EQUITY | $16.1B |
| Total Debt | $5.2B |
| Net Debt | $4.6B |
