| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $340M | $340M | $479M | -0.1% | -29.0% |
| Op. Income | $124M | $97M | $58M | 27.9% | 113.4% |
| Gross Margin | 98.3% | 94.0% | 58.9% | 4.3pp | 39.4pp |
| Net Margin | 34.1% | 25.9% | 11.4% | 8.2pp | 22.7pp |
| EPS (Diluted) | $1.77 | $1.38 | $0.75 | 28.3% | 136.0% |
| Free Cash Flow | $207M | $36M | $217M | 481.5% | -4.7% |
| Item | Amount |
|---|---|
| REVENUE | $340M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $334M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $119M |
| SG&A Expenses | $119M |
| Other Expenses | $91M |
| Operating Expenses | $210M |
| Cost & Expenses | $216M |
| OPERATING INCOME | $124M |
| Interest Income | $247M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $17M |
| EBIT | $124M |
| EBITDA | $141M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $340M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $334M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $119M |
| SG&A Expenses | $119M |
| Other Expenses | $91M |
| Operating Expenses | $210M |
| Cost & Expenses | $216M |
| OPERATING INCOME | $124M |
| Interest Income | $247M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $17M |
| EBIT | $124M |
| EBITDA | $141M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $29M |
| Change in Working Capital | $51M |
| OPERATING CASH FLOW | $220M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$455M |
| Sales/Maturities of Investments | $472M |
| Other Investing Activities | -$406M |
| NET CASH FROM INVESTING | -$402M |
| Net Debt Issuance | -$194M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$46M |
| Other Financing Activities | $1.9B |
| NET CASH FROM FINANCING | $1.7B |
| FREE CASH FLOW | $207M |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.8B |
| Short-Term Investments | $10.4B |
| Net Receivables | $505M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $22.7B |
| PP&E (Net) | $1.0B |
| Goodwill | $655M |
| Intangible Assets | $1M |
| Long-Term Investments | $19.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $224M |
| TOTAL NON-CURRENT ASSETS | $21.4B |
| TOTAL ASSETS | $44.0B |
| Account Payables | $695M |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $36.9B |
| TOTAL CURRENT LIABILITIES | $39.5B |
| Long-Term Debt | $235M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $235M |
| TOTAL LIABILITIES | $39.8B |
| Common Stock | $642.0K |
| Additional Paid-In Capital | $1000M |
| Retained Earnings | $2.8B |
| Treasury Stock | -$63M |
| Accum. Other Comp. Income | $388M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $44.0B |
| Total Debt | $2.2B |
| Net Debt | -$9.6B |
