| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $425M | $428M | — | -0.6% | — |
| Op. Income | $250M | $263M | — | -5.2% | — |
| Gross Margin | 98.2% | 72.7% | — | 25.5pp | — |
| Net Margin | 49.7% | 41.5% | — | 8.2pp | — |
| EPS (Diluted) | $7.04 | $5.91 | — | 19.3% | — |
| Free Cash Flow | $222M | $188M | — | 17.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $425M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $417M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $168M |
| SG&A Expenses | $168M |
| Other Expenses | $0 |
| Operating Expenses | $168M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $250M |
| Interest Income | $1M |
| Interest Expense | $353.6K |
| Other Income/Expenses | $69M |
| INCOME BEFORE TAX | $319M |
| Income Tax Expense | $102M |
| Net Income from Continuing Ops | $217M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $211M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $211M |
| D&A | $33M |
| EBIT | $250M |
| EBITDA | $282M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $425M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $417M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $168M |
| SG&A Expenses | $168M |
| Other Expenses | $0 |
| Operating Expenses | $168M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $250M |
| Interest Income | $1M |
| Interest Expense | $353.6K |
| Other Income/Expenses | $69M |
| INCOME BEFORE TAX | $319M |
| Income Tax Expense | $102M |
| Net Income from Continuing Ops | $217M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $211M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $211M |
| D&A | $33M |
| EBIT | $250M |
| EBITDA | $282M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $211M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $222M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$361M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$394M |
| FREE CASH FLOW | $222M |
| Net Change in Cash | -$105M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $862M |
| Short-Term Investments | $0 |
| Net Receivables | $144M |
| Inventory | $3M |
| Other Current Assets | $161M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $12M |
| Goodwill | $133M |
| Intangible Assets | $2.7B |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $99M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $15M |
| Short-Term Debt | $74M |
| Deferred Revenue | $37M |
| Other Current Liabilities | $133M |
| TOTAL CURRENT LIABILITIES | $295M |
| Long-Term Debt | $625M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $200M |
| TOTAL NON-CURRENT LIABILITIES | $824M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $447M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $88M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $412M |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $699M |
| Net Debt | -$163M |
