| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $372M | $346M | $296M | 7.5% | 25.4% |
| Op. Income | $92M | $89M | $47M | 3.8% | 95.4% |
| Gross Margin | 48.6% | 47.5% | 46.0% | 1.1pp | 2.5pp |
| Net Margin | 18.8% | 19.7% | 12.9% | -0.9pp | 5.9pp |
| EPS (Diluted) | $1.29 | $1.26 | $0.71 | 2.4% | 81.7% |
| Free Cash Flow | $89M | $60M | $54M | 47.6% | 64.6% |
| Item | Amount |
|---|---|
| REVENUE | $372M |
| Cost of Revenue | $191M |
| GROSS PROFIT | $181M |
| R&D Expenses | $35M |
| Selling & Marketing | $19M |
| General & Administrative | $31M |
| SG&A Expenses | $50M |
| Other Expenses | $3M |
| Operating Expenses | $88M |
| Cost & Expenses | $279M |
| OPERATING INCOME | $92M |
| Interest Income | $0 |
| Interest Expense | $407.0K |
| Other Income/Expenses | -$379.0K |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $24M |
| EBIT | $95M |
| EBITDA | $119M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $372M |
| Cost of Revenue | $191M |
| GROSS PROFIT | $181M |
| R&D Expenses | $35M |
| Selling & Marketing | $19M |
| General & Administrative | $31M |
| SG&A Expenses | $50M |
| Other Expenses | $3M |
| Operating Expenses | $88M |
| Cost & Expenses | $279M |
| OPERATING INCOME | $92M |
| Interest Income | $0 |
| Interest Expense | $407.0K |
| Other Income/Expenses | -$379.0K |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $24M |
| EBIT | $95M |
| EBITDA | $119M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $116M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $128.0K |
| Purchases of Investments | -$500M |
| Sales/Maturities of Investments | $305M |
| Other Investing Activities | -$545.0K |
| NET CASH FROM INVESTING | -$223M |
| Net Debt Issuance | -$950.0K |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $89M |
| Net Change in Cash | -$143M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $754M |
| Short-Term Investments | $743M |
| Net Receivables | $251M |
| Inventory | $405M |
| Other Current Assets | $73M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $612M |
| Goodwill | $39M |
| Intangible Assets | $59M |
| Long-Term Investments | $0 |
| Tax Assets | $46M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $796M |
| TOTAL ASSETS | $3.1B |
| Account Payables | $51M |
| Short-Term Debt | $4M |
| Deferred Revenue | $80M |
| Other Current Liabilities | $69M |
| TOTAL CURRENT LIABILITIES | $256M |
| Long-Term Debt | $32M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $92M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $124M |
| TOTAL LIABILITIES | $380M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $884M |
| Retained Earnings | $2.3B |
| Treasury Stock | -$345M |
| Accum. Other Comp. Income | -$159M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $1M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $41M |
| Net Debt | -$713M |
