| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $260M | $281M | $272M | -7.4% | -4.4% |
| Op. Income | $266M | $507M | $74M | -47.6% | 259.5% |
| Gross Margin | 94.3% | 90.8% | 94.8% | 3.5pp | -0.5pp |
| Net Margin | 62.8% | 56.1% | -20.2% | 6.7pp | 83.0pp |
| EPS (Diluted) | $1.80 | $1.60 | $-1.10 | 12.5% | 263.6% |
| Free Cash Flow | $137M | $122M | $438M | 12.3% | -68.6% |
| Item | Amount |
|---|---|
| REVENUE | $260M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $245M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | -$5M |
| OPERATING INCOME | $266M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$102M |
| INCOME BEFORE TAX | $163M |
| Income Tax Expense | -$88.0K |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | -$18M |
| BOTTOM LINE NET INCOME | $163M |
| D&A | $0 |
| EBIT | $266M |
| EBITDA | $266M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $260M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $245M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | -$5M |
| OPERATING INCOME | $266M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$102M |
| INCOME BEFORE TAX | $163M |
| Income Tax Expense | -$88.0K |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | -$18M |
| BOTTOM LINE NET INCOME | $163M |
| D&A | $0 |
| EBIT | $266M |
| EBITDA | $266M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $163M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $137M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$150M |
| Sales/Maturities of Investments | $344M |
| Other Investing Activities | $658M |
| NET CASH FROM INVESTING | $852M |
| Net Debt Issuance | -$871M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$960M |
| FREE CASH FLOW | $137M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $347M |
| Short-Term Investments | $0 |
| Net Receivables | $75M |
| Inventory | $0 |
| Other Current Assets | -$422M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $15.9B |
| Account Payables | $0 |
| Short-Term Debt | $4.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $187M |
| TOTAL CURRENT LIABILITIES | $4.5B |
| Long-Term Debt | $7.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$7.8B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $12.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $456M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $15.9B |
| Total Debt | $12.0B |
| Net Debt | $11.7B |
