| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $199M | $216M | $174M | -8.0% | 14.1% |
| Op. Income | $100M | $101M | $53M | -0.5% | 89.4% |
| Gross Margin | 97.6% | 97.2% | 84.1% | 0.4pp | 13.5pp |
| Net Margin | 40.7% | 37.9% | 24.9% | 2.8pp | 15.8pp |
| EPS (Diluted) | $0.85 | $0.86 | $0.46 | -1.2% | 84.8% |
| Free Cash Flow | $146M | $72M | $25M | 102.4% | 488.9% |
| Item | Amount |
|---|---|
| REVENUE | $199M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $194M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $71M |
| SG&A Expenses | $74M |
| Other Expenses | $20M |
| Operating Expenses | $94M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $100M |
| Interest Income | $162M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $8M |
| EBIT | $100M |
| EBITDA | $108M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $199M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $194M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $71M |
| SG&A Expenses | $74M |
| Other Expenses | $20M |
| Operating Expenses | $94M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $100M |
| Interest Income | $162M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $8M |
| EBIT | $100M |
| EBITDA | $108M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $81M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $72M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $148M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $295M |
| Other Investing Activities | -$162M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $1.3B |
| NET CASH FROM FINANCING | $1.3B |
| FREE CASH FLOW | $146M |
| Net Change in Cash | $245M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $878M |
| Short-Term Investments | $5.9B |
| Net Receivables | $79M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.8B |
| PP&E (Net) | $322M |
| Goodwill | $514M |
| Intangible Assets | $53M |
| Long-Term Investments | $11.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $239M |
| TOTAL NON-CURRENT ASSETS | $13.0B |
| TOTAL ASSETS | $19.8B |
| Account Payables | $3M |
| Short-Term Debt | $997M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.1B |
| TOTAL CURRENT LIABILITIES | $17.1B |
| Long-Term Debt | $166M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $202M |
| TOTAL NON-CURRENT LIABILITIES | $371M |
| TOTAL LIABILITIES | $17.5B |
| Common Stock | $955.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $719M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $80M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $19.8B |
| Total Debt | $1.2B |
| Net Debt | $284M |
