| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $724M | $671M | $527M | 7.9% | 37.4% |
| Op. Income | $210M | $180M | $108M | 16.4% | 94.0% |
| Gross Margin | 43.7% | 40.6% | 36.9% | 3.1pp | 6.8pp |
| Net Margin | 25.9% | 22.5% | 17.3% | 3.3pp | 8.6pp |
| EPS (Diluted) | $2.47 | $1.99 | $1.21 | 24.1% | 104.1% |
| Free Cash Flow | $88M | $34M | $107M | 157.4% | -18.4% |
| Item | Amount |
|---|---|
| REVENUE | $724M |
| Cost of Revenue | $408M |
| GROSS PROFIT | $316M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $93M |
| Other Expenses | $0 |
| Operating Expenses | $107M |
| Cost & Expenses | $514M |
| OPERATING INCOME | $210M |
| Interest Income | $200.0K |
| Interest Expense | $2M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $220M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $29M |
| EBIT | $213M |
| EBITDA | $242M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $724M |
| Cost of Revenue | $408M |
| GROSS PROFIT | $316M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $93M |
| Other Expenses | $0 |
| Operating Expenses | $107M |
| Cost & Expenses | $514M |
| OPERATING INCOME | $210M |
| Interest Income | $200.0K |
| Interest Expense | $2M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $220M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $29M |
| EBIT | $213M |
| EBITDA | $242M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $187M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $100.0K |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$74M |
| OPERATING CASH FLOW | $144M |
| Capital Expenditure | -$57M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | -$700.0K |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | $300.0K |
| FREE CASH FLOW | $88M |
| Net Change in Cash | $93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $576M |
| Short-Term Investments | $0 |
| Net Receivables | $481M |
| Inventory | $345M |
| Other Current Assets | $75M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $1.0B |
| Goodwill | $110M |
| Intangible Assets | $28M |
| Long-Term Investments | $212M |
| Tax Assets | $29M |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $205M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $151M |
| TOTAL CURRENT LIABILITIES | $473M |
| Long-Term Debt | $252M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $108M |
| TOTAL NON-CURRENT LIABILITIES | $428M |
| TOTAL LIABILITIES | $901M |
| Common Stock | $19M |
| Additional Paid-In Capital | $248M |
| Retained Earnings | $2.2B |
| Treasury Stock | -$261M |
| Accum. Other Comp. Income | -$133M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $319M |
| Net Debt | -$257M |
