| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $4.2B | $2.9B | -27.7% | 4.3% |
| Op. Income | $199M | $125M | $202M | 59.4% | -1.6% |
| Gross Margin | 22.9% | 14.4% | 26.4% | 8.5pp | -3.5pp |
| Net Margin | 5.0% | 3.2% | 5.5% | 1.8pp | -0.5pp |
| EPS (Diluted) | $0.75 | $0.66 | $0.79 | 13.6% | -5.1% |
| Free Cash Flow | -$193M | -$701M | $181M | 72.5% | -206.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $696M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $237M |
| SG&A Expenses | $237M |
| Other Expenses | $260M |
| Operating Expenses | $497M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $199M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $199M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $29M |
| EBIT | $243M |
| EBITDA | $273M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $696M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $237M |
| SG&A Expenses | $237M |
| Other Expenses | $260M |
| Operating Expenses | $497M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $199M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $199M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $29M |
| EBIT | $243M |
| EBITDA | $273M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $153M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$648M |
| Change in Working Capital | $304M |
| OPERATING CASH FLOW | -$162M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | $785M |
| NET CASH FROM INVESTING | $589M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$58M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$62M |
| FREE CASH FLOW | -$193M |
| Net Change in Cash | $365M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $562M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $501M |
| Goodwill | $353M |
| Intangible Assets | $0 |
| Long-Term Investments | $49.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $16.3B |
| TOTAL NON-CURRENT ASSETS | $67.0B |
| TOTAL ASSETS | $69.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $425M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $425M |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $319M |
| Other Non-Current Liabilities | $54.6B |
| TOTAL NON-CURRENT LIABILITIES | $58.3B |
| TOTAL LIABILITIES | $58.7B |
| Common Stock | $31M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $11.4B |
| Treasury Stock | -$3.2B |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.6B |
| TOTAL LIABILITIES & EQUITY | $69.3B |
| Total Debt | $3.3B |
| Net Debt | $2.8B |
