| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $945M | $887M | $734M | 6.6% | 28.8% |
| Op. Income | $145M | $141M | $98M | 2.8% | 48.4% |
| Gross Margin | 55.6% | 55.6% | 55.3% | -0.1pp | 0.3pp |
| Net Margin | 14.7% | 12.9% | 8.6% | 1.8pp | 6.1pp |
| EPS (Diluted) | $0.55 | $0.45 | $0.25 | 22.2% | 120.0% |
| Free Cash Flow | $190M | $218M | $135M | -12.8% | 41.0% |
| Item | Amount |
|---|---|
| REVENUE | $945M |
| Cost of Revenue | $420M |
| GROSS PROFIT | $525M |
| R&D Expenses | $138M |
| Selling & Marketing | $125M |
| General & Administrative | $100M |
| SG&A Expenses | $225M |
| Other Expenses | $18M |
| Operating Expenses | $381M |
| Cost & Expenses | $800M |
| OPERATING INCOME | $145M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $139M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $139M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $139M |
| D&A | $46M |
| EBIT | $179M |
| EBITDA | $225M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $945M |
| Cost of Revenue | $420M |
| GROSS PROFIT | $525M |
| R&D Expenses | $138M |
| Selling & Marketing | $125M |
| General & Administrative | $100M |
| SG&A Expenses | $225M |
| Other Expenses | $18M |
| Operating Expenses | $381M |
| Cost & Expenses | $800M |
| OPERATING INCOME | $145M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $139M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $139M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $139M |
| D&A | $46M |
| EBIT | $179M |
| EBITDA | $225M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $139M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $201M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $46M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | $52M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | $190M |
| Net Change in Cash | $220M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $484M |
| Short-Term Investments | $0 |
| Net Receivables | $583M |
| Inventory | $299M |
| Other Current Assets | $128M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $344M |
| Goodwill | $3.8B |
| Intangible Assets | $508M |
| Long-Term Investments | $0 |
| Tax Assets | $505M |
| Other Non-Current Assets | $264M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $181M |
| Short-Term Debt | $89M |
| Deferred Revenue | $537M |
| Other Current Liabilities | $362M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $70M |
| Deferred Tax Liabilities | $289M |
| Other Non-Current Liabilities | $208M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$112M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $1.5B |
| Net Debt | $994M |
