| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.5B | $766M | -22.4% | 53.0% |
| Op. Income | $375M | $571M | $200M | -34.3% | 87.8% |
| Gross Margin | 49.4% | 50.4% | 49.0% | -1.1pp | 0.3pp |
| Net Margin | 27.7% | 33.7% | 23.6% | -6.0pp | 4.1pp |
| EPS (Diluted) | $1.95 | $3.05 | $1.06 | -36.1% | 84.0% |
| Free Cash Flow | $473M | $362M | $220M | 30.8% | 115.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $593M |
| GROSS PROFIT | $578M |
| R&D Expenses | $131M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $70M |
| Other Expenses | $3M |
| Operating Expenses | $204M |
| Cost & Expenses | $797M |
| OPERATING INCOME | $375M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $800.0K |
| INCOME BEFORE TAX | $376M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $325M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $325M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $325M |
| D&A | $89M |
| EBIT | $376M |
| EBITDA | $465M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $593M |
| GROSS PROFIT | $578M |
| R&D Expenses | $131M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $70M |
| Other Expenses | $3M |
| Operating Expenses | $204M |
| Cost & Expenses | $797M |
| OPERATING INCOME | $375M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $800.0K |
| INCOME BEFORE TAX | $376M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $325M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $325M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $325M |
| D&A | $89M |
| EBIT | $376M |
| EBITDA | $465M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $325M |
| Depreciation & Amortization | $89M |
| Stock-Based Compensation | $56M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $148M |
| OPERATING CASH FLOW | $616M |
| Capital Expenditure | -$142M |
| Acquisitions (Net) | -$100.0K |
| Purchases of Investments | -$209M |
| Sales/Maturities of Investments | $247M |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$104M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$83M |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | $473M |
| Net Change in Cash | $443M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $360M |
| Net Receivables | $499M |
| Inventory | $740M |
| Other Current Assets | $146M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $1.6B |
| Goodwill | $1.2B |
| Intangible Assets | $39M |
| Long-Term Investments | $4M |
| Tax Assets | $59M |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $276M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $128M |
| TOTAL CURRENT LIABILITIES | $538M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $335M |
| TOTAL NON-CURRENT LIABILITIES | $484M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $41M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $5.5B |
| Treasury Stock | -$4.3B |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $180M |
| Net Debt | -$880M |
