| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $695M | $778M | $738M | -10.7% | -5.8% |
| Op. Income | $111M | $84M | $79M | 32.1% | 41.4% |
| Gross Margin | 41.3% | 32.5% | 28.0% | 8.8pp | 13.3pp |
| Net Margin | 16.5% | 8.0% | 3.7% | 8.6pp | 12.9pp |
| EPS (Diluted) | $2.61 | $1.41 | $0.61 | 85.1% | 325.1% |
| Free Cash Flow | $125M | $65M | $55M | 92.3% | 127.3% |
| Item | Amount |
|---|---|
| REVENUE | $695M |
| Cost of Revenue | $408M |
| GROSS PROFIT | $287M |
| R&D Expenses | $0 |
| Selling & Marketing | $139M |
| General & Administrative | $0 |
| SG&A Expenses | $139M |
| Other Expenses | $37M |
| Operating Expenses | $176M |
| Cost & Expenses | $584M |
| OPERATING INCOME | $111M |
| Interest Income | $29M |
| Interest Expense | $0 |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $14M |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $26M |
| EBIT | $111M |
| EBITDA | $137M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $695M |
| Cost of Revenue | $408M |
| GROSS PROFIT | $287M |
| R&D Expenses | $0 |
| Selling & Marketing | $139M |
| General & Administrative | $0 |
| SG&A Expenses | $139M |
| Other Expenses | $37M |
| Operating Expenses | $176M |
| Cost & Expenses | $584M |
| OPERATING INCOME | $111M |
| Interest Income | $29M |
| Interest Expense | $0 |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $14M |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $26M |
| EBIT | $111M |
| EBITDA | $137M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $115M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $140M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$78M |
| NET CASH FROM FINANCING | -$79M |
| FREE CASH FLOW | $125M |
| Net Change in Cash | $57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $226M |
| Short-Term Investments | $0 |
| Net Receivables | $392M |
| Inventory | $340M |
| Other Current Assets | $356M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $1.3B |
| Goodwill | $147M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $353M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $305M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $156M |
| TOTAL CURRENT LIABILITIES | $541M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $235M |
| TOTAL NON-CURRENT LIABILITIES | $284M |
| TOTAL LIABILITIES | $825M |
| Common Stock | $3.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $64M |
| Net Debt | -$162M |
