| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $956M | 2.2% | 44.0% |
| Op. Income | $247M | $272M | $119M | -9.2% | 107.6% |
| Gross Margin | 47.8% | 48.6% | 43.8% | -0.8pp | 4.0pp |
| Net Margin | 15.9% | 16.9% | 10.5% | -1.0pp | 5.4pp |
| EPS (Diluted) | $4.07 | $4.22 | $1.85 | -3.6% | 120.0% |
| Free Cash Flow | $300M | $214M | $227M | 40.2% | 32.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $719M |
| GROSS PROFIT | $658M |
| R&D Expenses | $141M |
| Selling & Marketing | $148M |
| General & Administrative | $92M |
| SG&A Expenses | $240M |
| Other Expenses | $30M |
| Operating Expenses | $411M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $247M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $238M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $219M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $219M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $219M |
| D&A | $44M |
| EBIT | $251M |
| EBITDA | $295M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $719M |
| GROSS PROFIT | $658M |
| R&D Expenses | $141M |
| Selling & Marketing | $148M |
| General & Administrative | $92M |
| SG&A Expenses | $240M |
| Other Expenses | $30M |
| Operating Expenses | $411M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $247M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $238M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $219M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $219M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $219M |
| D&A | $44M |
| EBIT | $251M |
| EBITDA | $295M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $219M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $315M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$148M |
| FREE CASH FLOW | $300M |
| Net Change in Cash | $129M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $318M |
| Short-Term Investments | $0 |
| Net Receivables | $621M |
| Inventory | $485M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $395M |
| Goodwill | $3.0B |
| Intangible Assets | $372M |
| Long-Term Investments | $93M |
| Tax Assets | $131M |
| Other Non-Current Assets | $87M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $597M |
| Short-Term Debt | $47M |
| Deferred Revenue | $348M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $944M |
| Deferred Revenue NC | $299M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $93M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $427M |
| Retained Earnings | $3.2B |
| Treasury Stock | -$984M |
| Accum. Other Comp. Income | -$38M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $1.1B |
| Net Debt | $791M |
