| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.0B | -0.3% | 1.1% |
| Op. Income | $138M | $30M | $120M | 360.0% | 15.0% |
| Gross Margin | 23.1% | 14.2% | 20.9% | 8.9pp | 2.2pp |
| Net Margin | 9.5% | 2.1% | 8.7% | 7.5pp | 0.8pp |
| EPS (Diluted) | $1.51 | $0.32 | $1.31 | 371.9% | 15.3% |
| Free Cash Flow | -$180M | $577M | -$288M | -131.2% | 37.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $815M |
| GROSS PROFIT | $245M |
| R&D Expenses | $13M |
| Selling & Marketing | $46M |
| General & Administrative | $36M |
| SG&A Expenses | $82M |
| Other Expenses | $12M |
| Operating Expenses | $107M |
| Cost & Expenses | $922M |
| OPERATING INCOME | $138M |
| Interest Income | $2M |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $22M |
| EBIT | $140M |
| EBITDA | $162M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $815M |
| GROSS PROFIT | $245M |
| R&D Expenses | $13M |
| Selling & Marketing | $46M |
| General & Administrative | $36M |
| SG&A Expenses | $82M |
| Other Expenses | $12M |
| Operating Expenses | $107M |
| Cost & Expenses | $922M |
| OPERATING INCOME | $138M |
| Interest Income | $2M |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $22M |
| EBIT | $140M |
| EBITDA | $162M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $101M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$311M |
| OPERATING CASH FLOW | -$175M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | -$82M |
| Sales/Maturities of Investments | $84M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $130M |
| Common Stock Repurchased | -$60M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | $56M |
| FREE CASH FLOW | -$180M |
| Net Change in Cash | -$122M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $500M |
| Short-Term Investments | $71M |
| Net Receivables | $345M |
| Inventory | $0 |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $126M |
| Goodwill | $294M |
| Intangible Assets | $17M |
| Long-Term Investments | $130M |
| Tax Assets | $0 |
| Other Non-Current Assets | $278M |
| TOTAL NON-CURRENT ASSETS | $845M |
| TOTAL ASSETS | $3.0B |
| Account Payables | $84M |
| Short-Term Debt | $0 |
| Deferred Revenue | $151M |
| Other Current Liabilities | $224M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $494M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $21M |
| Other Non-Current Liabilities | $148M |
| TOTAL NON-CURRENT LIABILITIES | $712M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $758M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$108M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $653M |
| Minority Interest | $0 |
| TOTAL EQUITY | $653M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $555M |
| Net Debt | $55M |
