| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $333M | $334M | $358M | -0.3% | -7.0% |
| Op. Income | $127M | $115M | $100M | 10.4% | 27.0% |
| Gross Margin | 92.8% | 89.8% | 77.1% | 3.0pp | 15.7pp |
| Net Margin | 30.6% | 27.8% | 23.5% | 2.8pp | 7.2pp |
| EPS (Diluted) | $0.31 | $0.28 | $0.25 | 10.7% | 24.0% |
| Free Cash Flow | $61M | $207M | $35M | -70.5% | 74.3% |
| Item | Amount |
|---|---|
| REVENUE | $333M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $309M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $106M |
| SG&A Expenses | $110M |
| Other Expenses | $72M |
| Operating Expenses | $182M |
| Cost & Expenses | $206M |
| OPERATING INCOME | $127M |
| Interest Income | $253M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $127M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | $1M |
| EBIT | $127M |
| EBITDA | $128M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $333M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $309M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $106M |
| SG&A Expenses | $110M |
| Other Expenses | $72M |
| Operating Expenses | $182M |
| Cost & Expenses | $206M |
| OPERATING INCOME | $127M |
| Interest Income | $253M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $127M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | $1M |
| EBIT | $127M |
| EBITDA | $128M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $102M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$30M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $85M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$647M |
| Sales/Maturities of Investments | $591M |
| Other Investing Activities | $440M |
| NET CASH FROM INVESTING | $360M |
| Net Debt Issuance | -$239M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$39M |
| Other Financing Activities | $111M |
| NET CASH FROM FINANCING | -$169M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | $276M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $3.1B |
| Net Receivables | $477M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.5B |
| PP&E (Net) | $343M |
| Goodwill | $2.3B |
| Intangible Assets | $48M |
| Long-Term Investments | $27.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $31.9B |
| TOTAL ASSETS | $38.4B |
| Account Payables | $0 |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $30.5B |
| TOTAL CURRENT LIABILITIES | $32.0B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $362M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $33.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $981M |
| Treasury Stock | -$109M |
| Accum. Other Comp. Income | -$46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $38.4B |
| Total Debt | $2.5B |
| Net Debt | -$406M |
