| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $300M | $299M | $282M | 0.3% | 6.6% |
| Op. Income | $101M | $97M | $101M | 4.1% | 0.4% |
| Gross Margin | 72.0% | 71.5% | 73.8% | 0.4pp | -1.8pp |
| Net Margin | 25.3% | 24.5% | 25.1% | 0.7pp | 0.2pp |
| EPS (Diluted) | $0.46 | $0.44 | $0.39 | 4.5% | 17.9% |
| Free Cash Flow | $69M | $114M | $37M | -39.2% | 90.1% |
| Item | Amount |
|---|---|
| REVENUE | $300M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $216M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $60M |
| SG&A Expenses | $64M |
| Other Expenses | $51M |
| Operating Expenses | $115M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $101M |
| Interest Income | $272M |
| Interest Expense | $73M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $6M |
| EBIT | $101M |
| EBITDA | $108M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $300M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $216M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $60M |
| SG&A Expenses | $64M |
| Other Expenses | $51M |
| Operating Expenses | $115M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $101M |
| Interest Income | $272M |
| Interest Expense | $73M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $6M |
| EBIT | $101M |
| EBITDA | $108M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $133M |
| Other Investing Activities | -$132M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$49M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | -$65M |
| NET CASH FROM FINANCING | -$141M |
| FREE CASH FLOW | $69M |
| Net Change in Cash | -$98M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $582M |
| Short-Term Investments | $5.0B |
| Net Receivables | $78M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.6B |
| PP&E (Net) | $139M |
| Goodwill | $39M |
| Intangible Assets | $10M |
| Long-Term Investments | $12.5B |
| Tax Assets | $143M |
| Other Non-Current Assets | $395M |
| TOTAL NON-CURRENT ASSETS | $13.3B |
| TOTAL ASSETS | $18.9B |
| Account Payables | $0 |
| Short-Term Debt | $180M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.5B |
| TOTAL CURRENT LIABILITIES | $16.7B |
| Long-Term Debt | $482M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $199M |
| TOTAL NON-CURRENT LIABILITIES | $681M |
| TOTAL LIABILITIES | $17.4B |
| Common Stock | $22M |
| Additional Paid-In Capital | $961M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$790M |
| Accum. Other Comp. Income | -$644M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $18.9B |
| Total Debt | $662M |
| Net Debt | $79M |
