| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.0B | $4.1B | $3.3B | -2.7% | 21.7% |
| Op. Income | $186M | $169M | -$96M | 10.1% | 293.8% |
| Gross Margin | 7.3% | 8.9% | 5.9% | -1.7pp | 1.3pp |
| Net Margin | 3.5% | 3.2% | -2.7% | 0.3pp | 6.2pp |
| EPS (Diluted) | $2.04 | $1.93 | $-1.41 | 5.7% | 244.7% |
| Free Cash Flow | $2.4B | $532M | $2.2B | 344.0% | 7.3% |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $287M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $101M |
| Operating Expenses | $101M |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $186M |
| Interest Income | $84M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $186M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $139M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $139M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $139M |
| D&A | $11M |
| EBIT | $231M |
| EBITDA | $242M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $287M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $101M |
| Operating Expenses | $101M |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $186M |
| Interest Income | $84M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $186M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $139M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $139M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $139M |
| D&A | $11M |
| EBIT | $231M |
| EBITDA | $242M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $139M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$470M |
| Change in Working Capital | $2.7B |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5.3B |
| Sales/Maturities of Investments | $3.0B |
| Other Investing Activities | -$186M |
| NET CASH FROM INVESTING | -$2.5B |
| Net Debt Issuance | -$43M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$48M |
| Other Financing Activities | -$51M |
| NET CASH FROM FINANCING | -$143M |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | -$286M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.1B |
| Short-Term Investments | $0 |
| Net Receivables | $2.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.0B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $72.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.4B |
| TOTAL NON-CURRENT ASSETS | $78.8B |
| TOTAL ASSETS | $84.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $66.4B |
| TOTAL NON-CURRENT LIABILITIES | $72.7B |
| TOTAL LIABILITIES | $72.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $8.2B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | $3.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.1B |
| TOTAL LIABILITIES & EQUITY | $84.8B |
| Total Debt | $3.9B |
| Net Debt | $797M |
