| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $304M | $297M | $256M | 2.2% | 18.6% |
| Op. Income | $214M | $203M | $201M | 5.3% | 6.2% |
| Gross Margin | 96.7% | 93.4% | 100.1% | 3.3pp | -3.3pp |
| Net Margin | 59.8% | 59.0% | 66.7% | 0.8pp | -6.9pp |
| EPS (Diluted) | $1.70 | $1.64 | $1.59 | 3.7% | 6.9% |
| Free Cash Flow | $212M | $213M | $184M | -0.4% | 15.2% |
| Item | Amount |
|---|---|
| REVENUE | $304M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $294M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $46M |
| Operating Expenses | $80M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $214M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $214M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $182M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $182M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $182M |
| D&A | $1M |
| EBIT | $222M |
| EBITDA | $223M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $304M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $294M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $46M |
| Operating Expenses | $80M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $214M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $214M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $182M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $182M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $182M |
| D&A | $1M |
| EBIT | $222M |
| EBITDA | $223M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $182M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $217M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$331M |
| Sales/Maturities of Investments | $191M |
| Other Investing Activities | -$227.0K |
| NET CASH FROM INVESTING | -$151M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$30M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | $212M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $164M |
| Short-Term Investments | $5.4B |
| Net Receivables | $69M |
| Inventory | $0 |
| Other Current Assets | -$6.1B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $44M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5.5B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $6.6B |
| Account Payables | $0 |
| Short-Term Debt | $422M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$569M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $369M |
| Other Non-Current Liabilities | -$369M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $4.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$302M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $422M |
| Net Debt | $258M |
