| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $682M | $609M | $520M | 12.0% | 31.1% |
| Op. Income | $196M | $171M | $155M | 14.7% | 26.6% |
| Gross Margin | 58.9% | 58.2% | 59.0% | 0.6pp | -0.1pp |
| Net Margin | 24.5% | 24.3% | 23.6% | 0.2pp | 0.9pp |
| EPS (Diluted) | $2.69 | $2.37 | $1.98 | 13.5% | 35.9% |
| Free Cash Flow | $99M | $179M | $153M | -44.9% | -35.5% |
| Item | Amount |
|---|---|
| REVENUE | $682M |
| Cost of Revenue | $280M |
| GROSS PROFIT | $401M |
| R&D Expenses | $45M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $158M |
| Other Expenses | $2M |
| Operating Expenses | $205M |
| Cost & Expenses | $485M |
| OPERATING INCOME | $196M |
| Interest Income | $4M |
| Interest Expense | $12M |
| Other Income/Expenses | $992.0K |
| INCOME BEFORE TAX | $197M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $167M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $167M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $167M |
| D&A | $33M |
| EBIT | $209M |
| EBITDA | $243M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $682M |
| Cost of Revenue | $280M |
| GROSS PROFIT | $401M |
| R&D Expenses | $45M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $158M |
| Other Expenses | $2M |
| Operating Expenses | $205M |
| Cost & Expenses | $485M |
| OPERATING INCOME | $196M |
| Interest Income | $4M |
| Interest Expense | $12M |
| Other Income/Expenses | $992.0K |
| INCOME BEFORE TAX | $197M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $167M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $167M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $167M |
| D&A | $33M |
| EBIT | $209M |
| EBITDA | $243M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $167M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$65M |
| OPERATING CASH FLOW | $143M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | $78M |
| Purchases of Investments | -$93M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$78M |
| NET CASH FROM INVESTING | -$122M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | -$168M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $31M |
| NET CASH FROM FINANCING | -$237M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | -$224M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $460M |
| Short-Term Investments | $204M |
| Net Receivables | $543M |
| Inventory | $349M |
| Other Current Assets | $83M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $616M |
| Goodwill | $440M |
| Intangible Assets | $247M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $162M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $83M |
| Short-Term Debt | $0 |
| Deferred Revenue | $285M |
| Other Current Liabilities | $222M |
| TOTAL CURRENT LIABILITIES | $681M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $490M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $7.4B |
| Treasury Stock | -$9.1B |
| Accum. Other Comp. Income | -$111M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $268M |
| Minority Interest | $0 |
| TOTAL EQUITY | $268M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.7B |
| Net Debt | $1.2B |
