| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $471M | $451M | $406M | 4.6% | 16.2% |
| Op. Income | $379M | $264M | $127M | 43.8% | 198.4% |
| Gross Margin | 80.8% | 77.3% | 73.8% | 3.4pp | 7.0pp |
| Net Margin | 61.2% | 44.9% | 23.8% | 16.4pp | 37.5pp |
| EPS (Diluted) | $17.18 | $11.82 | $5.40 | 45.3% | 218.1% |
| Free Cash Flow | $341M | $324M | $273M | 5.1% | 24.9% |
| Item | Amount |
|---|---|
| REVENUE | $471M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $381M |
| R&D Expenses | $0 |
| Selling & Marketing | $15M |
| General & Administrative | $17M |
| SG&A Expenses | $32M |
| Other Expenses | -$31M |
| Operating Expenses | $1M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $379M |
| Interest Income | $400.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $400.0K |
| INCOME BEFORE TAX | $380M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $289M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $289M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $289M |
| D&A | $6M |
| EBIT | $379M |
| EBITDA | $386M |
| EPS | $17 |
| EPS Diluted | $17 |
| Item | Amount |
|---|---|
| REVENUE | $471M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $381M |
| R&D Expenses | $0 |
| Selling & Marketing | $15M |
| General & Administrative | $17M |
| SG&A Expenses | $32M |
| Other Expenses | -$31M |
| Operating Expenses | $1M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $379M |
| Interest Income | $400.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $400.0K |
| INCOME BEFORE TAX | $380M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $289M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $289M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $289M |
| D&A | $6M |
| EBIT | $379M |
| EBITDA | $386M |
| EPS | $17 |
| EPS Diluted | $17 |
| Item | Amount |
|---|---|
| Net Income | $289M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | -$11M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$31M |
| Change in Working Capital | $92M |
| OPERATING CASH FLOW | $343M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $139M |
| NET CASH FROM INVESTING | $134M |
| Net Debt Issuance | $64M |
| Common Stock Repurchased | -$255M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$201M |
| FREE CASH FLOW | $341M |
| Net Change in Cash | $277M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $861M |
| Short-Term Investments | $4M |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | -$883M |
| 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 | $7.8B |
| Account Payables | $0 |
| Short-Term Debt | $409M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $227M |
| TOTAL CURRENT LIABILITIES | $636M |
| Long-Term Debt | $4.4B |
| Deferred Revenue NC | $52M |
| Deferred Tax Liabilities | $402M |
| Other Non-Current Liabilities | -$4.8B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $151M |
| 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 | $7.8B |
| Total Debt | $4.8B |
| Net Debt | $3.9B |
