| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $437M | $441M | $458M | -0.9% | -4.6% |
| Op. Income | $196M | $178M | $115M | 9.9% | 70.1% |
| Gross Margin | 75.1% | 70.8% | 52.6% | 4.3pp | 22.5pp |
| Net Margin | 33.2% | 43.0% | 21.9% | -9.8pp | 11.3pp |
| EPS (Diluted) | $0.87 | $1.16 | $0.59 | -25.0% | 47.5% |
| Free Cash Flow | $124M | $94M | $130M | 31.8% | -4.8% |
| Item | Amount |
|---|---|
| REVENUE | $437M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $328M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $111M |
| SG&A Expenses | $111M |
| Other Expenses | $21M |
| Operating Expenses | $132M |
| Cost & Expenses | $241M |
| OPERATING INCOME | $196M |
| Interest Income | $423M |
| Interest Expense | $105M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $196M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $135M |
| D&A | $6M |
| EBIT | $196M |
| EBITDA | $202M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $437M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $328M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $111M |
| SG&A Expenses | $111M |
| Other Expenses | $21M |
| Operating Expenses | $132M |
| Cost & Expenses | $241M |
| OPERATING INCOME | $196M |
| Interest Income | $423M |
| Interest Expense | $105M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $196M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $135M |
| D&A | $6M |
| EBIT | $196M |
| EBITDA | $202M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $145M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $31M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$72M |
| OPERATING CASH FLOW | $124M |
| Capital Expenditure | -$317.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$985M |
| Sales/Maturities of Investments | $495M |
| Other Investing Activities | -$191M |
| NET CASH FROM INVESTING | -$681M |
| Net Debt Issuance | -$325M |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | -$79M |
| Other Financing Activities | $1.8B |
| NET CASH FROM FINANCING | $1.3B |
| FREE CASH FLOW | $124M |
| Net Change in Cash | $775M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.7B |
| Short-Term Investments | $4.9B |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.6B |
| PP&E (Net) | $545M |
| Goodwill | $2.4B |
| Intangible Assets | $0 |
| Long-Term Investments | $41.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.9B |
| TOTAL NON-CURRENT ASSETS | $48.1B |
| TOTAL ASSETS | $57.7B |
| Account Payables | $0 |
| Short-Term Debt | $800M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $34.2B |
| TOTAL CURRENT LIABILITIES | $35.0B |
| Long-Term Debt | $15.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $642M |
| TOTAL NON-CURRENT LIABILITIES | $15.9B |
| TOTAL LIABILITIES | $50.9B |
| Common Stock | $5M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $553M |
| Treasury Stock | -$245M |
| Accum. Other Comp. Income | -$122M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.8B |
| TOTAL LIABILITIES & EQUITY | $57.7B |
| Total Debt | $16.0B |
| Net Debt | $13.3B |
