| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $332M | $346M | $362M | -4.0% | -8.4% |
| Op. Income | $154M | $143M | $59M | 8.3% | 161.8% |
| Gross Margin | 103.6% | 95.5% | 66.5% | 8.1pp | 37.1pp |
| Net Margin | 35.0% | 31.2% | 14.6% | 3.8pp | 20.4pp |
| EPS (Diluted) | $0.53 | $0.49 | $0.24 | 8.2% | 120.8% |
| Free Cash Flow | -$110M | $388M | -$31M | -128.5% | -255.6% |
| Item | Amount |
|---|---|
| REVENUE | $332M |
| Cost of Revenue | -$12M |
| GROSS PROFIT | $344M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $140M |
| SG&A Expenses | $142M |
| Other Expenses | $48M |
| Operating Expenses | $189M |
| Cost & Expenses | $177M |
| OPERATING INCOME | $154M |
| Interest Income | $240M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $38M |
| 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 | $116M |
| D&A | $8M |
| EBIT | $154M |
| EBITDA | $162M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $332M |
| Cost of Revenue | -$12M |
| GROSS PROFIT | $344M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $140M |
| SG&A Expenses | $142M |
| Other Expenses | $48M |
| Operating Expenses | $189M |
| Cost & Expenses | $177M |
| OPERATING INCOME | $154M |
| Interest Income | $240M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $38M |
| 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 | $116M |
| D&A | $8M |
| EBIT | $154M |
| EBITDA | $162M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$184M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | -$106M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$469M |
| Sales/Maturities of Investments | $182M |
| Other Investing Activities | $132M |
| NET CASH FROM INVESTING | -$160M |
| Net Debt Issuance | -$170M |
| Common Stock Repurchased | -$76.0K |
| Common Dividends Paid | -$46M |
| Other Financing Activities | $327M |
| NET CASH FROM FINANCING | $110M |
| FREE CASH FLOW | -$110M |
| Net Change in Cash | -$155M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.1B |
| Short-Term Investments | $3.5B |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.0B |
| PP&E (Net) | $268M |
| Goodwill | $0 |
| Intangible Assets | $114M |
| Long-Term Investments | $20.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $966M |
| TOTAL NON-CURRENT ASSETS | $22.3B |
| TOTAL ASSETS | $30.3B |
| Account Payables | $0 |
| Short-Term Debt | $480M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $26.2B |
| TOTAL CURRENT LIABILITIES | $26.6B |
| Long-Term Debt | $487M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $289M |
| TOTAL NON-CURRENT LIABILITIES | $885M |
| TOTAL LIABILITIES | $27.5B |
| Common Stock | $3.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$802M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $30.3B |
| Total Debt | $1.1B |
| Net Debt | -$2.0B |
