| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.1B | 3.0% | 28.0% |
| Op. Income | $272M | $231M | $151M | 17.7% | 80.1% |
| Gross Margin | 48.6% | 47.2% | 45.0% | 1.4pp | 3.7pp |
| Net Margin | 16.9% | 15.2% | 8.5% | 1.7pp | 8.5pp |
| EPS (Diluted) | $4.22 | $3.70 | $1.65 | 14.1% | 155.8% |
| Free Cash Flow | $214M | $413M | $95M | -48.2% | 125.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $692M |
| GROSS PROFIT | $655M |
| R&D Expenses | $140M |
| Selling & Marketing | $134M |
| General & Administrative | $82M |
| SG&A Expenses | $216M |
| Other Expenses | $27M |
| Operating Expenses | $383M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $272M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $276M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $228M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $228M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | $44M |
| EBIT | $273M |
| EBITDA | $317M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $692M |
| GROSS PROFIT | $655M |
| R&D Expenses | $140M |
| Selling & Marketing | $134M |
| General & Administrative | $82M |
| SG&A Expenses | $216M |
| Other Expenses | $27M |
| Operating Expenses | $383M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $272M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $276M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $228M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $228M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | $44M |
| EBIT | $273M |
| EBITDA | $317M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $228M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$49M |
| OPERATING CASH FLOW | $224M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$156M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | -$181M |
| FREE CASH FLOW | $214M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $177M |
| Short-Term Investments | $0 |
| Net Receivables | $528M |
| Inventory | $528M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $398M |
| Goodwill | $3.0B |
| Intangible Assets | $376M |
| Long-Term Investments | $91M |
| Tax Assets | $133M |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $573M |
| Short-Term Debt | $134M |
| Deferred Revenue | $344M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $956M |
| Deferred Revenue NC | $287M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $89M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $405M |
| Retained Earnings | $3.0B |
| Treasury Stock | -$919M |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $1.2B |
| Net Debt | $1.0B |
