| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $1.9B | $2.1B | 39.2% | 27.6% |
| Op. Income | $629M | $371M | $627M | 69.9% | 0.4% |
| Gross Margin | 35.1% | 34.7% | 43.5% | 0.4pp | -8.4pp |
| Net Margin | 19.0% | 12.4% | 21.5% | 6.6pp | -2.5pp |
| EPS (Diluted) | $1.61 | $0.76 | $1.43 | 111.8% | 12.6% |
| Free Cash Flow | -$75M | -$374M | $194M | 79.8% | -138.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $946M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $317M |
| Operating Expenses | $317M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $629M |
| Interest Income | $0 |
| Interest Expense | $120M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $585M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $510M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $300.0K |
| NET INCOME | $510M |
| Net Income Deductions | $300.0K |
| BOTTOM LINE NET INCOME | $510M |
| D&A | $261M |
| EBIT | $705M |
| EBITDA | $966M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $946M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $317M |
| Operating Expenses | $317M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $629M |
| Interest Income | $0 |
| Interest Expense | $120M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $585M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $510M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $300.0K |
| NET INCOME | $510M |
| Net Income Deductions | $300.0K |
| BOTTOM LINE NET INCOME | $510M |
| D&A | $261M |
| EBIT | $705M |
| EBITDA | $966M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $510M |
| Depreciation & Amortization | $261M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $130M |
| Other Non-Cash Items | -$81M |
| Change in Working Capital | -$426M |
| OPERATING CASH FLOW | $395M |
| Capital Expenditure | -$471M |
| Acquisitions (Net) | -$119M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $49M |
| NET CASH FROM INVESTING | -$541M |
| Net Debt Issuance | $389M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$214M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $163M |
| FREE CASH FLOW | -$75M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $354M |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $26.0B |
| Goodwill | $3.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.4B |
| TOTAL NON-CURRENT ASSETS | $35.2B |
| TOTAL ASSETS | $37.6B |
| Account Payables | $656M |
| Short-Term Debt | $2.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $569M |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $12.3B |
| Deferred Revenue NC | $406M |
| Deferred Tax Liabilities | $4.2B |
| Other Non-Current Liabilities | $6.0B |
| TOTAL NON-CURRENT LIABILITIES | $22.9B |
| TOTAL LIABILITIES | $26.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $6.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.8B |
| Minority Interest | $170M |
| TOTAL EQUITY | $11.0B |
| TOTAL LIABILITIES & EQUITY | $37.6B |
| Total Debt | $14.7B |
| Net Debt | $14.7B |
