| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $957M | $896M | 57.8% | 68.5% |
| Op. Income | $571M | $268M | $277M | 113.3% | 105.8% |
| Gross Margin | 50.4% | 48.0% | 49.6% | 2.5pp | 0.9pp |
| Net Margin | 33.7% | 25.8% | 28.7% | 7.9pp | 5.0pp |
| EPS (Diluted) | $3.05 | $1.46 | $1.50 | 108.9% | 103.3% |
| Free Cash Flow | $362M | $120M | $287M | 202.6% | 26.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $748M |
| GROSS PROFIT | $762M |
| R&D Expenses | $122M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $3M |
| Operating Expenses | $191M |
| Cost & Expenses | $939M |
| OPERATING INCOME | $571M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $200.0K |
| INCOME BEFORE TAX | $571M |
| Income Tax Expense | $62M |
| Net Income from Continuing Ops | $509M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $509M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $509M |
| D&A | $86M |
| EBIT | $571M |
| EBITDA | $657M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $748M |
| GROSS PROFIT | $762M |
| R&D Expenses | $122M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $3M |
| Operating Expenses | $191M |
| Cost & Expenses | $939M |
| OPERATING INCOME | $571M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $200.0K |
| INCOME BEFORE TAX | $571M |
| Income Tax Expense | $62M |
| Net Income from Continuing Ops | $509M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $509M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $509M |
| D&A | $86M |
| EBIT | $571M |
| EBITDA | $657M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $509M |
| Depreciation & Amortization | $86M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | -$700.0K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$154M |
| OPERATING CASH FLOW | $485M |
| Capital Expenditure | -$123M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | -$99M |
| Sales/Maturities of Investments | $112M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$111M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$243M |
| Common Dividends Paid | -$83M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$324M |
| FREE CASH FLOW | $362M |
| Net Change in Cash | $51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $617M |
| Short-Term Investments | $401M |
| Net Receivables | $690M |
| Inventory | $719M |
| Other Current Assets | $148M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $1.5B |
| Goodwill | $1.2B |
| Intangible Assets | $46M |
| Long-Term Investments | $700.0K |
| Tax Assets | $56M |
| Other Non-Current Assets | $74M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $265M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $158M |
| TOTAL CURRENT LIABILITIES | $508M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $342M |
| TOTAL NON-CURRENT LIABILITIES | $497M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $41M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $5.2B |
| Treasury Stock | -$4.3B |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $155M |
| Net Debt | -$462M |
