| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $165M | $163M | $172M | 1.2% | -4.2% |
| Op. Income | $62M | $58M | $45M | 6.8% | 35.8% |
| Gross Margin | 97.8% | 92.2% | 77.9% | 5.6pp | 19.9pp |
| Net Margin | 30.9% | 29.0% | 21.7% | 1.8pp | 9.1pp |
| EPS (Diluted) | $0.52 | $0.48 | $0.49 | 8.3% | 6.1% |
| Free Cash Flow | $56M | $144M | $56M | -61.1% | 0.2% |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $71M |
| SG&A Expenses | $73M |
| Other Expenses | $27M |
| Operating Expenses | $100M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $62M |
| Interest Income | $122M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $8M |
| EBIT | $62M |
| EBITDA | $70M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $71M |
| SG&A Expenses | $73M |
| Other Expenses | $27M |
| Operating Expenses | $100M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $62M |
| Interest Income | $122M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $8M |
| EBIT | $62M |
| EBITDA | $70M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$733M |
| Sales/Maturities of Investments | $449M |
| Other Investing Activities | $401M |
| NET CASH FROM INVESTING | $114M |
| Net Debt Issuance | $21M |
| Common Stock Repurchased | -$33M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$142M |
| NET CASH FROM FINANCING | -$176M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $246M |
| Short-Term Investments | $4.0B |
| Net Receivables | $67M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $192M |
| Goodwill | $938M |
| Intangible Assets | $59M |
| Long-Term Investments | $9.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $11.8B |
| TOTAL ASSETS | $16.0B |
| Account Payables | $476M |
| Short-Term Debt | $473M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.5B |
| TOTAL CURRENT LIABILITIES | $13.5B |
| Long-Term Debt | $311M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $313M |
| TOTAL LIABILITIES | $13.8B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $774M |
| Treasury Stock | -$171M |
| Accum. Other Comp. Income | $31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $16.0B |
| Total Debt | $786M |
| Net Debt | $540M |
