| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $460M | — | $517M | — | -11.0% |
| Op. Income | $216M | — | $80M | — | 169.2% |
| Gross Margin | 104.2% | — | 68.3% | — | 35.9pp |
| Net Margin | 36.2% | — | 12.5% | — | 23.7pp |
| EPS (Diluted) | $2.40 | — | $0.92 | — | 160.9% |
| Free Cash Flow | -$301M | — | $2.5B | — | -112.1% |
| Item | Amount |
|---|---|
| REVENUE | $460M |
| Cost of Revenue | -$19M |
| GROSS PROFIT | $479M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $180M |
| SG&A Expenses | $183M |
| Other Expenses | $81M |
| Operating Expenses | $264M |
| Cost & Expenses | $244M |
| OPERATING INCOME | $216M |
| Interest Income | $296M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $216M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $167M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $166M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $165M |
| D&A | $25M |
| EBIT | $216M |
| EBITDA | $241M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $460M |
| Cost of Revenue | -$19M |
| GROSS PROFIT | $479M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $180M |
| SG&A Expenses | $183M |
| Other Expenses | $81M |
| Operating Expenses | $264M |
| Cost & Expenses | $244M |
| OPERATING INCOME | $216M |
| Interest Income | $296M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $216M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $167M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $166M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $165M |
| D&A | $25M |
| EBIT | $216M |
| EBITDA | $241M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $167M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | -$449M |
| OPERATING CASH FLOW | -$269M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | $1.1B |
| NET CASH FROM INVESTING | $1.0B |
| Net Debt Issuance | -$246M |
| Common Stock Repurchased | -$44M |
| Common Dividends Paid | -$36M |
| Other Financing Activities | -$566M |
| NET CASH FROM FINANCING | -$892M |
| FREE CASH FLOW | -$301M |
| Net Change in Cash | -$160M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $13.3B |
| Net Receivables | $267M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14.8B |
| PP&E (Net) | $556M |
| Goodwill | $1.0B |
| Intangible Assets | $223M |
| Long-Term Investments | $23.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.2B |
| TOTAL NON-CURRENT ASSETS | $32.3B |
| TOTAL ASSETS | $47.2B |
| Account Payables | $199M |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $37.4B |
| TOTAL CURRENT LIABILITIES | $39.4B |
| Long-Term Debt | $804M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $41.8B |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $4.2B |
| Treasury Stock | -$481M |
| Accum. Other Comp. Income | $227M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $22M |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $47.2B |
| Total Debt | $2.6B |
| Net Debt | $1.3B |
