| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $671M | $580M | $491M | 15.6% | 36.6% |
| Op. Income | $180M | $122M | $85M | 47.4% | 113.4% |
| Gross Margin | 40.6% | 36.4% | 34.0% | 4.2pp | 6.6pp |
| Net Margin | 22.5% | 17.0% | 15.1% | 5.6pp | 7.4pp |
| EPS (Diluted) | $1.99 | $1.29 | $0.99 | 54.3% | 101.0% |
| Free Cash Flow | $34M | $95M | $25M | -64.1% | 36.0% |
| Item | Amount |
|---|---|
| REVENUE | $671M |
| Cost of Revenue | $398M |
| GROSS PROFIT | $273M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $80M |
| Other Expenses | $0 |
| Operating Expenses | $92M |
| Cost & Expenses | $491M |
| OPERATING INCOME | $180M |
| Interest Income | $100.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$400.0K |
| INCOME BEFORE TAX | $180M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $29M |
| EBIT | $177M |
| EBITDA | $206M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $671M |
| Cost of Revenue | $398M |
| GROSS PROFIT | $273M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $80M |
| Other Expenses | $0 |
| Operating Expenses | $92M |
| Cost & Expenses | $491M |
| OPERATING INCOME | $180M |
| Interest Income | $100.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$400.0K |
| INCOME BEFORE TAX | $180M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $29M |
| EBIT | $177M |
| EBITDA | $206M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $151M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $600.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$95M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$55M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $200.0K |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | -$600.0K |
| Common Stock Repurchased | -$151M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$156M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | -$132M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $484M |
| Short-Term Investments | $0 |
| Net Receivables | $466M |
| Inventory | $310M |
| Other Current Assets | $67M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $995M |
| Goodwill | $110M |
| Intangible Assets | $29M |
| Long-Term Investments | $212M |
| Tax Assets | $28M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $204M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $147M |
| TOTAL CURRENT LIABILITIES | $483M |
| Long-Term Debt | $252M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $106M |
| TOTAL NON-CURRENT LIABILITIES | $428M |
| TOTAL LIABILITIES | $911M |
| Common Stock | $19M |
| Additional Paid-In Capital | $247M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$282M |
| Accum. Other Comp. Income | -$140M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $321M |
| Net Debt | -$162M |
