| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.2B | -2.8% | -3.9% |
| Op. Income | $546M | $475M | $43M | 14.9% | 1169.8% |
| Gross Margin | 80.6% | 69.2% | 37.0% | 11.3pp | 43.6pp |
| Net Margin | 34.5% | 29.1% | 2.6% | 5.3pp | 31.9pp |
| EPS (Diluted) | $3.06 | $2.67 | $0.24 | 14.6% | 1175.0% |
| Free Cash Flow | $556M | $583M | $565M | -4.6% | -1.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $233M |
| GROSS PROFIT | $965M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $222M |
| SG&A Expenses | $222M |
| Other Expenses | $197M |
| Operating Expenses | $419M |
| Cost & Expenses | $652M |
| OPERATING INCOME | $546M |
| Interest Income | $1.1B |
| Interest Expense | $235M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $546M |
| Income Tax Expense | $133M |
| Net Income from Continuing Ops | $413M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $413M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $413M |
| D&A | $61M |
| EBIT | $546M |
| EBITDA | $607M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $233M |
| GROSS PROFIT | $965M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $222M |
| SG&A Expenses | $222M |
| Other Expenses | $197M |
| Operating Expenses | $419M |
| Cost & Expenses | $652M |
| OPERATING INCOME | $546M |
| Interest Income | $1.1B |
| Interest Expense | $235M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $546M |
| Income Tax Expense | $133M |
| Net Income from Continuing Ops | $413M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $413M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $413M |
| D&A | $61M |
| EBIT | $546M |
| EBITDA | $607M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $413M |
| Depreciation & Amortization | $61M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $59M |
| Other Non-Cash Items | $39M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $556M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$834M |
| Sales/Maturities of Investments | $772M |
| Other Investing Activities | $260M |
| NET CASH FROM INVESTING | $198M |
| Net Debt Issuance | -$1.1B |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$534M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | $556M |
| Net Change in Cash | -$851M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $514M |
| Net Receivables | $268M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $0 |
| Goodwill | $1.4B |
| Intangible Assets | $296M |
| Long-Term Investments | $16.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $545M |
| TOTAL NON-CURRENT ASSETS | $19.2B |
| TOTAL ASSETS | $21.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $16.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $90M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $18.0B |
| TOTAL LIABILITIES | $18.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $80M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $21.3B |
| Total Debt | $16.8B |
| Net Debt | $15.5B |
