| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $451M | $447M | $387M | 0.9% | 16.3% |
| Op. Income | $264M | $215M | -$107M | 22.6% | 345.9% |
| Gross Margin | 77.3% | 77.5% | 72.7% | -0.2pp | 4.6pp |
| Net Margin | 44.9% | 37.2% | -21.6% | 7.6pp | 66.5pp |
| EPS (Diluted) | $11.82 | $9.43 | $-4.61 | 25.3% | 356.4% |
| Free Cash Flow | $324M | $201M | $227M | 61.1% | 43.0% |
| Item | Amount |
|---|---|
| REVENUE | $451M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $348M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $46M |
| SG&A Expenses | $63M |
| Other Expenses | $21M |
| Operating Expenses | $85M |
| Cost & Expenses | $187M |
| OPERATING INCOME | $264M |
| Interest Income | $300.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $500.0K |
| INCOME BEFORE TAX | $264M |
| Income Tax Expense | $62M |
| Net Income from Continuing Ops | $202M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $202M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $202M |
| D&A | $7M |
| EBIT | $264M |
| EBITDA | $270M |
| EPS | $12 |
| EPS Diluted | $12 |
| Item | Amount |
|---|---|
| REVENUE | $451M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $348M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $46M |
| SG&A Expenses | $63M |
| Other Expenses | $21M |
| Operating Expenses | $85M |
| Cost & Expenses | $187M |
| OPERATING INCOME | $264M |
| Interest Income | $300.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $500.0K |
| INCOME BEFORE TAX | $264M |
| Income Tax Expense | $62M |
| Net Income from Continuing Ops | $202M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $202M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $202M |
| D&A | $7M |
| EBIT | $264M |
| EBITDA | $270M |
| EPS | $12 |
| EPS Diluted | $12 |
| Item | Amount |
|---|---|
| Net Income | $202M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $81M |
| OPERATING CASH FLOW | $325M |
| Capital Expenditure | -$800.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$109M |
| NET CASH FROM INVESTING | -$113M |
| Net Debt Issuance | $112M |
| Common Stock Repurchased | -$135M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $324M |
| Net Change in Cash | $188M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $584M |
| Short-Term Investments | $7M |
| Net Receivables | $98M |
| Inventory | $0 |
| Other Current Assets | -$689M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $58M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$58M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $7.7B |
| Account Payables | $0 |
| Short-Term Debt | $789M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $217M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $53M |
| Deferred Tax Liabilities | $404M |
| Other Non-Current Liabilities | -$4.4B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $162M |
| Retained Earnings | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $900.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $4.7B |
| Net Debt | $4.1B |
