| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $526M | $508M | $506M | 3.6% | 4.1% |
| Op. Income | $222M | $215M | $221M | 3.5% | 0.6% |
| Gross Margin | 88.7% | 88.8% | 89.3% | -0.1pp | -0.5pp |
| Net Margin | 35.4% | 36.0% | 38.8% | -0.7pp | -3.5pp |
| EPS (Diluted) | $1.38 | $1.33 | $1.38 | 3.8% | 0.0% |
| Free Cash Flow | $260M | $371M | $249M | -29.8% | 4.7% |
| Item | Amount |
|---|---|
| REVENUE | $526M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $467M |
| R&D Expenses | $68M |
| Selling & Marketing | $149M |
| General & Administrative | $28M |
| SG&A Expenses | $177M |
| Other Expenses | $0 |
| Operating Expenses | $245M |
| Cost & Expenses | $304M |
| OPERATING INCOME | $222M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $233M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $186M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $186M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $186M |
| D&A | $8M |
| EBIT | $222M |
| EBITDA | $230M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $526M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $467M |
| R&D Expenses | $68M |
| Selling & Marketing | $149M |
| General & Administrative | $28M |
| SG&A Expenses | $177M |
| Other Expenses | $0 |
| Operating Expenses | $245M |
| Cost & Expenses | $304M |
| OPERATING INCOME | $222M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $233M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $186M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $186M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $186M |
| D&A | $8M |
| EBIT | $222M |
| EBITDA | $230M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $186M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$200.0K |
| Change in Working Capital | $38M |
| OPERATING CASH FLOW | $264M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$325M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$315M |
| FREE CASH FLOW | $260M |
| Net Change in Cash | -$61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $357M |
| Short-Term Investments | $1.5B |
| Net Receivables | $368M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $85M |
| Goodwill | $0 |
| Intangible Assets | $1.0B |
| Long-Term Investments | $2.1B |
| Tax Assets | $41M |
| Other Non-Current Assets | $77M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $435M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $385M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $482M |
| TOTAL NON-CURRENT LIABILITIES | $867M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $800.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $11.1B |
| Treasury Stock | -$9.9B |
| Accum. Other Comp. Income | $22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $0 |
| Net Debt | -$357M |
