| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $239M | $224M | $167M | 6.9% | 42.9% |
| Op. Income | $78M | $59M | $21M | 32.8% | 274.5% |
| Gross Margin | 77.4% | 75.3% | 75.4% | 2.1pp | 2.0pp |
| Net Margin | 29.2% | 31.0% | 12.2% | -1.8pp | 17.0pp |
| EPS (Diluted) | $0.39 | $0.40 | $0.12 | -2.5% | 225.0% |
| Free Cash Flow | $96M | $79M | $59M | 21.0% | 63.2% |
| Item | Amount |
|---|---|
| REVENUE | $239M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $185M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $0 |
| Operating Expenses | $107M |
| Cost & Expenses | $161M |
| OPERATING INCOME | $78M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $378.0K |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $5M |
| EBIT | $78M |
| EBITDA | $84M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $239M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $185M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $0 |
| Operating Expenses | $107M |
| Cost & Expenses | $161M |
| OPERATING INCOME | $78M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $378.0K |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $5M |
| EBIT | $78M |
| EBITDA | $84M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $99M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$299M |
| Sales/Maturities of Investments | $161M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$141M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $35M |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | $96M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $243M |
| Short-Term Investments | $143M |
| Net Receivables | $130M |
| Inventory | $61M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $626M |
| PP&E (Net) | $98M |
| Goodwill | $243M |
| Intangible Assets | $15M |
| Long-Term Investments | $490M |
| Tax Assets | $430M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $52M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $160M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $326M |
| Other Non-Current Liabilities | $50M |
| TOTAL NON-CURRENT LIABILITIES | $392M |
| TOTAL LIABILITIES | $552M |
| Common Stock | $353.0K |
| Additional Paid-In Capital | $854M |
| Retained Earnings | $541M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $24M |
| Net Debt | -$219M |
