| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $243M | $245M | $236M | -0.6% | 3.0% |
| Op. Income | $190M | $168M | $19M | 13.2% | 912.1% |
| Gross Margin | 96.0% | 86.8% | 25.5% | 9.2pp | 70.5pp |
| Net Margin | 65.7% | 55.4% | 6.5% | 10.3pp | 59.2pp |
| EPS (Diluted) | $1.42 | $1.21 | $0.15 | 17.4% | 846.7% |
| Free Cash Flow | $152M | $187M | $182M | -18.9% | -16.7% |
| Item | Amount |
|---|---|
| REVENUE | $243M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $234M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $26M |
| SG&A Expenses | $26M |
| Other Expenses | $18M |
| Operating Expenses | $43M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $190M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $160M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $160M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $160M |
| D&A | $860.0K |
| EBIT | $192M |
| EBITDA | $193M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $243M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $234M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $26M |
| SG&A Expenses | $26M |
| Other Expenses | $18M |
| Operating Expenses | $43M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $190M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $160M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $160M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $160M |
| D&A | $860.0K |
| EBIT | $192M |
| EBITDA | $193M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $160M |
| Depreciation & Amortization | $860.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $17M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $152M |
| Capital Expenditure | -$191.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$329M |
| Sales/Maturities of Investments | $276M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | $152M |
| Net Change in Cash | $61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $142M |
| Short-Term Investments | $372M |
| Net Receivables | $53M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $568M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | -$14M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $5.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $204M |
| TOTAL CURRENT LIABILITIES | $333M |
| Long-Term Debt | $322M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $343M |
| Other Non-Current Liabilities | $439M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $115M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $322M |
| Net Debt | $180M |
