| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $887M | $830M | $792M | 6.8% | 11.9% |
| Op. Income | $141M | $122M | $98M | 15.6% | 43.3% |
| Gross Margin | 55.6% | 56.5% | 55.7% | -0.8pp | -0.0pp |
| Net Margin | 12.9% | 21.7% | 7.8% | -8.8pp | 5.1pp |
| EPS (Diluted) | $0.45 | $0.71 | $0.25 | -36.6% | 80.0% |
| Free Cash Flow | $218M | $177M | $139M | 23.2% | 56.5% |
| Item | Amount |
|---|---|
| REVENUE | $887M |
| Cost of Revenue | $393M |
| GROSS PROFIT | $493M |
| R&D Expenses | $129M |
| Selling & Marketing | $122M |
| General & Administrative | $85M |
| SG&A Expenses | $208M |
| Other Expenses | $15M |
| Operating Expenses | $352M |
| Cost & Expenses | $746M |
| OPERATING INCOME | $141M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $46M |
| EBIT | $154M |
| EBITDA | $200M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $887M |
| Cost of Revenue | $393M |
| GROSS PROFIT | $493M |
| R&D Expenses | $129M |
| Selling & Marketing | $122M |
| General & Administrative | $85M |
| SG&A Expenses | $208M |
| Other Expenses | $15M |
| Operating Expenses | $352M |
| Cost & Expenses | $746M |
| OPERATING INCOME | $141M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $46M |
| EBIT | $154M |
| EBITDA | $200M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $115M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $400.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | $228M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$155M |
| Common Stock Repurchased | -$40M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$187M |
| FREE CASH FLOW | $218M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $265M |
| Short-Term Investments | $0 |
| Net Receivables | $577M |
| Inventory | $299M |
| Other Current Assets | $120M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $373M |
| Goodwill | $3.8B |
| Intangible Assets | $543M |
| Long-Term Investments | $0 |
| Tax Assets | $503M |
| Other Non-Current Assets | $254M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $158M |
| Short-Term Debt | $98M |
| Deferred Revenue | $561M |
| Other Current Liabilities | $335M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $58M |
| Deferred Tax Liabilities | $292M |
| Other Non-Current Liabilities | $212M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$130M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $1.5B |
| Net Debt | $1.2B |
