| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $481M | $478M | $518M | 0.6% | -7.2% |
| Op. Income | $199M | $191M | $191M | 4.2% | 4.4% |
| Gross Margin | 100.8% | 99.2% | 91.0% | 1.7pp | 9.8pp |
| Net Margin | 31.8% | 30.8% | 29.7% | 1.1pp | 2.1pp |
| EPS (Diluted) | $15.09 | $14.53 | $14.74 | 3.9% | 2.4% |
| Free Cash Flow | -$717M | $101M | $47M | -809.9% | -1613.0% |
| Item | Amount |
|---|---|
| REVENUE | $481M |
| Cost of Revenue | -$4M |
| GROSS PROFIT | $485M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $192M |
| SG&A Expenses | $194M |
| Other Expenses | $92M |
| Operating Expenses | $286M |
| Cost & Expenses | $282M |
| OPERATING INCOME | $199M |
| Interest Income | $362M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $199M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $148M |
| D&A | $33M |
| EBIT | $199M |
| EBITDA | $232M |
| EPS | $15 |
| EPS Diluted | $15 |
| Item | Amount |
|---|---|
| REVENUE | $481M |
| Cost of Revenue | -$4M |
| GROSS PROFIT | $485M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $192M |
| SG&A Expenses | $194M |
| Other Expenses | $92M |
| Operating Expenses | $286M |
| Cost & Expenses | $282M |
| OPERATING INCOME | $199M |
| Interest Income | $362M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $199M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $148M |
| D&A | $33M |
| EBIT | $199M |
| EBITDA | $232M |
| EPS | $15 |
| EPS Diluted | $15 |
| Item | Amount |
|---|---|
| Net Income | $153M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$96M |
| Change in Working Capital | -$785M |
| OPERATING CASH FLOW | -$691M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | $228M |
| NET CASH FROM INVESTING | -$396M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $1.1B |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | -$717M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $395M |
| Short-Term Investments | $15.3B |
| Net Receivables | $133M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15.8B |
| PP&E (Net) | $1.2B |
| Goodwill | $350M |
| Intangible Assets | $47M |
| Long-Term Investments | $36.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $39.4B |
| TOTAL ASSETS | $55.2B |
| Account Payables | $0 |
| Short-Term Debt | $693M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $48.4B |
| TOTAL CURRENT LIABILITIES | $49.1B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $371M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $50.7B |
| Common Stock | $10M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $55.2B |
| Total Debt | $1.9B |
| Net Debt | $1.5B |
