| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $626M | — | $608M | — | 3.0% |
| Op. Income | $230M | — | $109M | — | 111.0% |
| Gross Margin | 85.6% | — | 84.0% | — | 1.6pp |
| Net Margin | 10.2% | — | 129.1% | — | -118.9pp |
| EPS (Diluted) | $0.11 | — | $1.22 | — | -91.0% |
| Free Cash Flow | -$115M | — | $154M | — | -174.7% |
| Item | Amount |
|---|---|
| REVENUE | $626M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $536M |
| R&D Expenses | $63M |
| Selling & Marketing | $143M |
| General & Administrative | $68M |
| SG&A Expenses | $211M |
| Other Expenses | $32M |
| Operating Expenses | $306M |
| Cost & Expenses | $396M |
| OPERATING INCOME | $230M |
| Interest Income | $1M |
| Interest Expense | $37M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $231M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $166M |
| Net Income from Discontinued Ops | -$102M |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $39M |
| EBIT | $268M |
| EBITDA | $307M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $626M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $536M |
| R&D Expenses | $63M |
| Selling & Marketing | $143M |
| General & Administrative | $68M |
| SG&A Expenses | $211M |
| Other Expenses | $32M |
| Operating Expenses | $306M |
| Cost & Expenses | $396M |
| OPERATING INCOME | $230M |
| Interest Income | $1M |
| Interest Expense | $37M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $231M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $166M |
| Net Income from Discontinued Ops | -$102M |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $39M |
| EBIT | $268M |
| EBITDA | $307M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$233M |
| OPERATING CASH FLOW | -$113M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | $118M |
| NET CASH FROM INVESTING | $134M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$82M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$86M |
| FREE CASH FLOW | -$115M |
| Net Change in Cash | -$64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $40M |
| Net Receivables | $187M |
| Inventory | $0 |
| Other Current Assets | $462M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $160M |
| Goodwill | $2.6B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $188M |
| Tax Assets | $405M |
| Other Non-Current Assets | $152M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $66M |
| Short-Term Debt | $75M |
| Deferred Revenue | $1.0B |
| Other Current Liabilities | $378M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $39M |
| Deferred Tax Liabilities | $180M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $2.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$3.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$476M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$476M |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $3.7B |
| Net Debt | $2.7B |
