| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $506M | $487M | $488M | 3.9% | 3.6% |
| Op. Income | $221M | $201M | $213M | 10.1% | 3.9% |
| Gross Margin | 89.3% | 89.3% | 89.3% | 0.0pp | 0.0pp |
| Net Margin | 38.8% | 36.7% | 38.0% | 2.1pp | 0.8pp |
| EPS (Diluted) | $1.38 | $1.23 | $1.21 | 12.2% | 14.0% |
| Free Cash Flow | $249M | $351M | $228M | -29.1% | 9.1% |
| Item | Amount |
|---|---|
| REVENUE | $506M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $451M |
| R&D Expenses | $62M |
| Selling & Marketing | $140M |
| General & Administrative | $28M |
| SG&A Expenses | $168M |
| Other Expenses | $0 |
| Operating Expenses | $231M |
| Cost & Expenses | $285M |
| OPERATING INCOME | $221M |
| Interest Income | $19M |
| Interest Expense | $0 |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | $240M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $196M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $196M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $196M |
| D&A | $6M |
| EBIT | $221M |
| EBITDA | $227M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $506M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $451M |
| R&D Expenses | $62M |
| Selling & Marketing | $140M |
| General & Administrative | $28M |
| SG&A Expenses | $168M |
| Other Expenses | $0 |
| Operating Expenses | $231M |
| Cost & Expenses | $285M |
| OPERATING INCOME | $221M |
| Interest Income | $19M |
| Interest Expense | $0 |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | $240M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $196M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $196M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $196M |
| D&A | $6M |
| EBIT | $221M |
| EBITDA | $227M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $196M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$500.0K |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $252M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$325M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$400.0K |
| NET CASH FROM FINANCING | -$325M |
| FREE CASH FLOW | $249M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $342M |
| Short-Term Investments | $1.2B |
| Net Receivables | $329M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $91M |
| Goodwill | $0 |
| Intangible Assets | $1.0B |
| Long-Term Investments | $2.4B |
| Tax Assets | $36M |
| Other Non-Current Assets | $93M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $392M |
| Short-Term Debt | $0 |
| Deferred Revenue | $983M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $355M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $450M |
| TOTAL NON-CURRENT LIABILITIES | $806M |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $800.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $10.2B |
| Treasury Stock | -$8.7B |
| Accum. Other Comp. Income | $53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $0 |
| Net Debt | -$342M |
