| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $491M | $491M | $434M | 0.0% | 13.1% |
| Op. Income | $81M | $13M | -$6M | 523.1% | 1450.0% |
| Gross Margin | 62.5% | 57.8% | 51.8% | 4.7pp | 10.7pp |
| Net Margin | 10.8% | 1.0% | 38.7% | 9.8pp | -27.9pp |
| EPS (Diluted) | $0.47 | $0.04 | $1.51 | 1075.0% | -68.9% |
| Free Cash Flow | $105M | $45M | -$2M | 133.3% | 5350.0% |
| Item | Amount |
|---|---|
| REVENUE | $491M |
| Cost of Revenue | $184M |
| GROSS PROFIT | $307M |
| R&D Expenses | $77M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $149M |
| Other Expenses | $0 |
| Operating Expenses | $226M |
| Cost & Expenses | $410M |
| OPERATING INCOME | $81M |
| Interest Income | $1M |
| Interest Expense | $7M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $39M |
| EBIT | $79M |
| EBITDA | $118M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $491M |
| Cost of Revenue | $184M |
| GROSS PROFIT | $307M |
| R&D Expenses | $77M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $149M |
| Other Expenses | $0 |
| Operating Expenses | $226M |
| Cost & Expenses | $410M |
| OPERATING INCOME | $81M |
| Interest Income | $1M |
| Interest Expense | $7M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $39M |
| EBIT | $79M |
| EBITDA | $118M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $110M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$83M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | -$91M |
| FREE CASH FLOW | $105M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $538M |
| Short-Term Investments | $0 |
| Net Receivables | $367M |
| Inventory | $16M |
| Other Current Assets | $154M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $378M |
| Goodwill | $399M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $209M |
| Other Non-Current Assets | $142M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $55M |
| Short-Term Debt | $50M |
| Deferred Revenue | $557M |
| Other Current Liabilities | $81M |
| TOTAL CURRENT LIABILITIES | $955M |
| Long-Term Debt | $399M |
| Deferred Revenue NC | $43M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $272M |
| TOTAL NON-CURRENT LIABILITIES | $831M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$146M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $417M |
| Minority Interest | $0 |
| TOTAL EQUITY | $417M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $665M |
| Net Debt | $127M |
