| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $948M | 3.8% | 16.0% |
| Op. Income | $121M | $138M | $173M | -12.3% | -30.1% |
| Gross Margin | 21.5% | 23.1% | 29.0% | -1.7pp | -7.6pp |
| Net Margin | 8.3% | 9.5% | 13.3% | -1.3pp | -5.0pp |
| EPS (Diluted) | $1.37 | $1.51 | $1.87 | -9.3% | -26.7% |
| Free Cash Flow | -$27M | -$180M | $140M | 85.0% | -119.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $864M |
| GROSS PROFIT | $236M |
| R&D Expenses | $11M |
| Selling & Marketing | $45M |
| General & Administrative | $40M |
| SG&A Expenses | $85M |
| Other Expenses | $19M |
| Operating Expenses | $115M |
| Cost & Expenses | $979M |
| OPERATING INCOME | $121M |
| Interest Income | $1M |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $29M |
| EBIT | $122M |
| EBITDA | $151M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $864M |
| GROSS PROFIT | $236M |
| R&D Expenses | $11M |
| Selling & Marketing | $45M |
| General & Administrative | $40M |
| SG&A Expenses | $85M |
| Other Expenses | $19M |
| Operating Expenses | $115M |
| Cost & Expenses | $979M |
| OPERATING INCOME | $121M |
| Interest Income | $1M |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $29M |
| EBIT | $122M |
| EBITDA | $151M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $91M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$148M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$185M |
| Sales/Maturities of Investments | $65M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$132M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | -$159M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $464M |
| Short-Term Investments | $131M |
| Net Receivables | $354M |
| Inventory | $0 |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $124M |
| Goodwill | $294M |
| Intangible Assets | $9M |
| Long-Term Investments | $194M |
| Tax Assets | $0 |
| Other Non-Current Assets | $273M |
| TOTAL NON-CURRENT ASSETS | $894M |
| TOTAL ASSETS | $3.0B |
| Account Payables | $81M |
| Short-Term Debt | $0 |
| Deferred Revenue | $132M |
| Other Current Liabilities | $212M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $495M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $21M |
| Other Non-Current Liabilities | $142M |
| TOTAL NON-CURRENT LIABILITIES | $704M |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $776M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$35M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $744M |
| Minority Interest | $0 |
| TOTAL EQUITY | $744M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $553M |
| Net Debt | $89M |
