| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $586M | $559M | $471M | 4.9% | 24.5% |
| Op. Income | $249M | $233M | $181M | 6.6% | 37.5% |
| Gross Margin | 57.5% | 55.8% | 54.0% | 1.7pp | 3.5pp |
| Net Margin | 18.6% | 26.8% | 6.5% | -8.2pp | 12.1pp |
| EPS (Diluted) | $2.44 | $3.30 | $0.65 | -26.1% | 275.4% |
| Free Cash Flow | $357M | $188M | $290M | 89.9% | 23.4% |
| Item | Amount |
|---|---|
| REVENUE | $586M |
| Cost of Revenue | $249M |
| GROSS PROFIT | $337M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $89M |
| Operating Expenses | $89M |
| Cost & Expenses | $338M |
| OPERATING INCOME | $249M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $255M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $184M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $13M |
| EBIT | $220M |
| EBITDA | $233M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $586M |
| Cost of Revenue | $249M |
| GROSS PROFIT | $337M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $89M |
| Operating Expenses | $89M |
| Cost & Expenses | $338M |
| OPERATING INCOME | $249M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $255M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $184M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $13M |
| EBIT | $220M |
| EBITDA | $233M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $109M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $163M |
| Change in Working Capital | $74M |
| OPERATING CASH FLOW | $359M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$164M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$143M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$82M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$111M |
| NET CASH FROM FINANCING | -$201M |
| FREE CASH FLOW | $357M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $778M |
| Short-Term Investments | $63M |
| Net Receivables | $712M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $76M |
| Goodwill | $2.7B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $2.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $246M |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $8.0B |
| Account Payables | $0 |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $539M |
| Retained Earnings | $4.3B |
| Treasury Stock | -$2.1B |
| Accum. Other Comp. Income | -$65M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $1.3B |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $8.0B |
| Total Debt | $2.6B |
| Net Debt | $1.8B |
