| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $667M | $609M | $525M | 9.7% | 27.1% |
| Op. Income | $298M | $266M | $213M | 11.9% | 39.8% |
| Gross Margin | 81.7% | 80.9% | 76.9% | 0.8pp | 4.8pp |
| Net Margin | 29.4% | 30.3% | 30.2% | -0.9pp | -0.8pp |
| EPS (Diluted) | $2.30 | $2.15 | $1.83 | 7.0% | 25.7% |
| Free Cash Flow | $252M | $58M | $364M | 332.7% | -30.6% |
| Item | Amount |
|---|---|
| REVENUE | $667M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $545M |
| R&D Expenses | $0 |
| Selling & Marketing | $63M |
| General & Administrative | $115M |
| SG&A Expenses | $178M |
| Other Expenses | $69M |
| Operating Expenses | $247M |
| Cost & Expenses | $370M |
| OPERATING INCOME | $298M |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $263M |
| Income Tax Expense | $66M |
| 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 | $69M |
| EBIT | $297M |
| EBITDA | $366M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $667M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $545M |
| R&D Expenses | $0 |
| Selling & Marketing | $63M |
| General & Administrative | $115M |
| SG&A Expenses | $178M |
| Other Expenses | $69M |
| Operating Expenses | $247M |
| Cost & Expenses | $370M |
| OPERATING INCOME | $298M |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $263M |
| Income Tax Expense | $66M |
| 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 | $69M |
| EBIT | $297M |
| EBITDA | $366M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $196M |
| Depreciation & Amortization | $69M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $279M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | -$71M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$100M |
| Net Debt Issuance | $398M |
| Common Stock Repurchased | -$255M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $223M |
| NET CASH FROM FINANCING | $375M |
| FREE CASH FLOW | $252M |
| Net Change in Cash | $628M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $1.8B |
| Inventory | $0 |
| Other Current Assets | $1.8B |
| TOTAL CURRENT ASSETS | $5.3B |
| PP&E (Net) | $217M |
| Goodwill | $5.1B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $12M |
| Tax Assets | $0 |
| Other Non-Current Assets | $220M |
| TOTAL NON-CURRENT ASSETS | $7.8B |
| TOTAL ASSETS | $13.0B |
| Account Payables | $1.6B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $1.6B |
| Other Current Liabilities | $196M |
| TOTAL CURRENT LIABILITIES | $5.0B |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $566M |
| Other Non-Current Liabilities | $259M |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $9.5B |
| Common Stock | $127.0K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | $5.8B |
| Treasury Stock | -$3.9B |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $13.0B |
| Total Debt | $5.1B |
| Net Debt | $3.8B |
