| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $478M | $491M | $423M | -2.7% | 12.9% |
| Op. Income | $191M | $175M | $74M | 9.3% | 157.8% |
| Gross Margin | 99.2% | 95.2% | 85.9% | 4.0pp | 13.2pp |
| Net Margin | 30.8% | 28.1% | 13.5% | 2.6pp | 17.2pp |
| EPS (Diluted) | $14.53 | $13.59 | $5.46 | 6.9% | 166.1% |
| Free Cash Flow | $101M | $89M | -$9M | 13.7% | 1183.6% |
| Item | Amount |
|---|---|
| REVENUE | $478M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $474M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $187M |
| SG&A Expenses | $187M |
| Other Expenses | $96M |
| Operating Expenses | $283M |
| Cost & Expenses | $287M |
| OPERATING INCOME | $191M |
| Interest Income | $355M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $191M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $34M |
| EBIT | $191M |
| EBITDA | $225M |
| EPS | $15 |
| EPS Diluted | $15 |
| Item | Amount |
|---|---|
| REVENUE | $478M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $474M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $187M |
| SG&A Expenses | $187M |
| Other Expenses | $96M |
| Operating Expenses | $283M |
| Cost & Expenses | $287M |
| OPERATING INCOME | $191M |
| Interest Income | $355M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $191M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $34M |
| EBIT | $191M |
| EBITDA | $225M |
| EPS | $15 |
| EPS Diluted | $15 |
| Item | Amount |
|---|---|
| Net Income | $147M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | -$53M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $126M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | -$3.7B |
| NET CASH FROM INVESTING | -$4.0B |
| Net Debt Issuance | $21M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $3.9B |
| NET CASH FROM FINANCING | $3.9B |
| FREE CASH FLOW | $101M |
| Net Change in Cash | $48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $410M |
| Short-Term Investments | $14.9B |
| Net Receivables | $148M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15.5B |
| PP&E (Net) | $1.2B |
| Goodwill | $350M |
| Intangible Assets | $52M |
| Long-Term Investments | $36.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $799M |
| TOTAL NON-CURRENT ASSETS | $38.5B |
| TOTAL ASSETS | $53.9B |
| Account Payables | $0 |
| Short-Term Debt | $681M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $47.3B |
| TOTAL CURRENT LIABILITIES | $48.0B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $345M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $49.6B |
| Common Stock | $10M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $53.9B |
| Total Debt | $1.9B |
| Net Debt | $1.5B |
