| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $163M | $192M | $175M | -14.9% | -6.8% |
| Op. Income | $58M | $54M | $35M | 7.5% | 67.0% |
| Gross Margin | 92.2% | 88.0% | 71.0% | 4.2pp | 21.2pp |
| Net Margin | 29.0% | 25.2% | 16.4% | 3.8pp | 12.7pp |
| EPS (Diluted) | $0.48 | $0.49 | $0.29 | -2.0% | 65.5% |
| Free Cash Flow | $144M | $151M | -$132M | -4.2% | 209.3% |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $71M |
| SG&A Expenses | $72M |
| Other Expenses | $20M |
| Operating Expenses | $93M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $58M |
| Interest Income | $123M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $8M |
| EBIT | $58M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $71M |
| SG&A Expenses | $72M |
| Other Expenses | $20M |
| Operating Expenses | $93M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $58M |
| Interest Income | $123M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $8M |
| EBIT | $58M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | $67M |
| OPERATING CASH FLOW | $147M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$668M |
| Sales/Maturities of Investments | $343M |
| Other Investing Activities | -$39M |
| NET CASH FROM INVESTING | -$366M |
| Net Debt Issuance | -$178M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | $416M |
| NET CASH FROM FINANCING | $198M |
| FREE CASH FLOW | $144M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $229M |
| Short-Term Investments | $3.8B |
| Net Receivables | $66M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $205M |
| Goodwill | $938M |
| Intangible Assets | $62M |
| Long-Term Investments | $10.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $935M |
| TOTAL NON-CURRENT ASSETS | $12.1B |
| TOTAL ASSETS | $16.2B |
| Account Payables | $503M |
| Short-Term Debt | $181M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.6B |
| TOTAL CURRENT LIABILITIES | $13.3B |
| Long-Term Debt | $311M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $271M |
| TOTAL NON-CURRENT LIABILITIES | $584M |
| TOTAL LIABILITIES | $13.9B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $745M |
| Treasury Stock | -$138M |
| Accum. Other Comp. Income | $18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $16.2B |
| Total Debt | $494M |
| Net Debt | $265M |
