| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $625M | $615M | $569M | 1.6% | 9.7% |
| Op. Income | $118M | $99M | $122M | 19.4% | -3.7% |
| Gross Margin | 81.6% | 81.8% | 84.4% | -0.2pp | -2.8pp |
| Net Margin | 14.0% | 12.6% | 17.3% | 1.4pp | -3.3pp |
| EPS (Diluted) | $1.41 | $1.26 | $1.62 | 11.9% | -13.0% |
| Free Cash Flow | $133M | $164M | $122M | -19.0% | 9.0% |
| Item | Amount |
|---|---|
| REVENUE | $625M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $510M |
| R&D Expenses | $114M |
| Selling & Marketing | $215M |
| General & Administrative | $63M |
| SG&A Expenses | $278M |
| Other Expenses | $0 |
| Operating Expenses | $392M |
| Cost & Expenses | $507M |
| OPERATING INCOME | $118M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$683.0K |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $28M |
| EBIT | $118M |
| EBITDA | $145M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $625M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $510M |
| R&D Expenses | $114M |
| Selling & Marketing | $215M |
| General & Administrative | $63M |
| SG&A Expenses | $278M |
| Other Expenses | $0 |
| Operating Expenses | $392M |
| Cost & Expenses | $507M |
| OPERATING INCOME | $118M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$683.0K |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $28M |
| EBIT | $118M |
| EBITDA | $145M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $88M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $58M |
| Deferred Income Tax | -$694.0K |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | $137M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$43M |
| Sales/Maturities of Investments | $69M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $21M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | $133M |
| Net Change in Cash | $177M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $347M |
| Net Receivables | $510M |
| Inventory | $26M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $502M |
| Goodwill | $1.9B |
| Intangible Assets | $223M |
| Long-Term Investments | $174M |
| Tax Assets | $47M |
| Other Non-Current Assets | $90M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $58M |
| Short-Term Debt | $19M |
| Deferred Revenue | $937M |
| Other Current Liabilities | $306M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $693M |
| Deferred Revenue NC | $422M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | -$267M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $386M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $1.0B |
| Net Debt | $14M |
