| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $289M | $286M | $358M | 1.0% | -19.4% |
| Op. Income | $119M | $84M | $56M | 41.8% | 112.1% |
| Gross Margin | 100.7% | 85.8% | 68.4% | 14.9pp | 32.3pp |
| Net Margin | 32.6% | 23.4% | 12.8% | 9.2pp | 19.8pp |
| EPS (Diluted) | $0.58 | $0.40 | $0.27 | 45.0% | 114.8% |
| Free Cash Flow | $151M | $107M | -$31M | 41.8% | 582.9% |
| Item | Amount |
|---|---|
| REVENUE | $289M |
| Cost of Revenue | -$2M |
| GROSS PROFIT | $291M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $109M |
| SG&A Expenses | $113M |
| Other Expenses | $59M |
| Operating Expenses | $172M |
| Cost & Expenses | $170M |
| OPERATING INCOME | $119M |
| Interest Income | $197M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $22M |
| EBIT | $119M |
| EBITDA | $141M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $289M |
| Cost of Revenue | -$2M |
| GROSS PROFIT | $291M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $109M |
| SG&A Expenses | $113M |
| Other Expenses | $59M |
| Operating Expenses | $172M |
| Cost & Expenses | $170M |
| OPERATING INCOME | $119M |
| Interest Income | $197M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $22M |
| EBIT | $119M |
| EBITDA | $141M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $94M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$62M |
| Change in Working Capital | $95M |
| OPERATING CASH FLOW | $158M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$846M |
| Sales/Maturities of Investments | $568M |
| Other Investing Activities | $270M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$65M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | -$28M |
| Other Financing Activities | $1.2B |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | $151M |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $3.4B |
| Net Receivables | $86M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $399M |
| Goodwill | $1.1B |
| Intangible Assets | $114M |
| Long-Term Investments | $26.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $29.2B |
| TOTAL ASSETS | $34.6B |
| Account Payables | $0 |
| Short-Term Debt | $208M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27.7B |
| TOTAL CURRENT LIABILITIES | $28.2B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $30.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $2.5B |
| Treasury Stock | -$450M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $34.6B |
| Total Debt | $2.4B |
| Net Debt | $423M |
