| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $3.0B | $3.1B | -1.6% | -2.2% |
| Op. Income | $263M | $199M | $338M | 32.1% | -22.2% |
| Gross Margin | 29.2% | 22.9% | 29.8% | 6.3pp | -0.7pp |
| Net Margin | 6.1% | 5.0% | 8.7% | 1.1pp | -2.6pp |
| EPS (Diluted) | $0.89 | $0.75 | $1.30 | 18.7% | -31.5% |
| Free Cash Flow | $680M | -$193M | $594M | 452.3% | 14.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $873M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $247M |
| SG&A Expenses | $247M |
| Other Expenses | $363M |
| Operating Expenses | $610M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $263M |
| Interest Income | $0 |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $263M |
| Income Tax Expense | $80M |
| Net Income from Continuing Ops | $183M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $183M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $183M |
| D&A | $30M |
| EBIT | $308M |
| EBITDA | $338M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $873M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $247M |
| SG&A Expenses | $247M |
| Other Expenses | $363M |
| Operating Expenses | $610M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $263M |
| Interest Income | $0 |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $263M |
| Income Tax Expense | $80M |
| Net Income from Continuing Ops | $183M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $183M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $183M |
| D&A | $30M |
| EBIT | $308M |
| EBITDA | $338M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $183M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | $518M |
| OPERATING CASH FLOW | $706M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $759M |
| Other Investing Activities | -$712M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$58M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | $680M |
| Net Change in Cash | -$439M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $123M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $500M |
| Goodwill | $353M |
| Intangible Assets | $0 |
| Long-Term Investments | $52.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $16.0B |
| TOTAL NON-CURRENT ASSETS | $69.1B |
| TOTAL ASSETS | $70.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $461M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $461M |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $405M |
| Other Non-Current Liabilities | $55.6B |
| TOTAL NON-CURRENT LIABILITIES | $59.4B |
| TOTAL LIABILITIES | $59.9B |
| Common Stock | $31M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $11.5B |
| Treasury Stock | -$3.2B |
| Accum. Other Comp. Income | $222M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.9B |
| TOTAL LIABILITIES & EQUITY | $70.8B |
| Total Debt | $3.4B |
| Net Debt | $3.3B |
