| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $645M | $625M | $583M | 3.3% | 10.6% |
| Op. Income | $54M | $118M | $84M | -54.6% | -36.1% |
| Gross Margin | 80.1% | 81.6% | 82.6% | -1.5pp | -2.6pp |
| Net Margin | 6.7% | 14.0% | 10.5% | -7.3pp | -3.8pp |
| EPS (Diluted) | $0.70 | $1.41 | $1.00 | -50.4% | -30.0% |
| Free Cash Flow | $119M | $133M | $169M | -10.2% | -29.4% |
| Item | Amount |
|---|---|
| REVENUE | $645M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $517M |
| R&D Expenses | $140M |
| Selling & Marketing | $245M |
| General & Administrative | $78M |
| SG&A Expenses | $323M |
| Other Expenses | $0 |
| Operating Expenses | $463M |
| Cost & Expenses | $592M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $29M |
| EBIT | $54M |
| EBITDA | $82M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $645M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $517M |
| R&D Expenses | $140M |
| Selling & Marketing | $245M |
| General & Administrative | $78M |
| SG&A Expenses | $323M |
| Other Expenses | $0 |
| Operating Expenses | $463M |
| Cost & Expenses | $592M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $29M |
| EBIT | $54M |
| EBITDA | $82M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $63M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $43M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $128M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$410M |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $327M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$115M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$496M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$507M |
| FREE CASH FLOW | $119M |
| Net Change in Cash | -$495M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $532M |
| Short-Term Investments | $111M |
| Net Receivables | $536M |
| Inventory | $25M |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $468M |
| Goodwill | $2.2B |
| Intangible Assets | $273M |
| Long-Term Investments | $106M |
| Tax Assets | $69M |
| Other Non-Current Assets | $89M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $54M |
| Short-Term Debt | $68M |
| Deferred Revenue | $929M |
| Other Current Liabilities | $104M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $680M |
| Deferred Revenue NC | $438M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | -$255M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $40M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $1.1B |
| Net Debt | $536M |
