| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $288M | $298M | $301M | -3.4% | -4.3% |
| Op. Income | $166M | $170M | $140M | -2.2% | 18.2% |
| Gross Margin | 94.6% | 94.1% | 87.5% | 0.5pp | 7.2pp |
| Net Margin | 45.4% | 44.8% | 43.5% | 0.6pp | 1.9pp |
| EPS (Diluted) | $1.41 | $1.44 | $1.41 | -2.1% | 0.0% |
| Free Cash Flow | $201M | $223M | $222M | -9.7% | -9.4% |
| Item | Amount |
|---|---|
| REVENUE | $288M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $272M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $76M |
| SG&A Expenses | $76M |
| Other Expenses | $31M |
| Operating Expenses | $106M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $166M |
| Interest Income | $261M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $166M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $7M |
| EBIT | $166M |
| EBITDA | $173M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $288M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $272M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $76M |
| SG&A Expenses | $76M |
| Other Expenses | $31M |
| Operating Expenses | $106M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $166M |
| Interest Income | $261M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $166M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $7M |
| EBIT | $166M |
| EBITDA | $173M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $131M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $52M |
| OPERATING CASH FLOW | $205M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.9B |
| Sales/Maturities of Investments | $5.0B |
| Other Investing Activities | $390M |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$46M |
| Other Financing Activities | $403M |
| NET CASH FROM FINANCING | $358M |
| FREE CASH FLOW | $201M |
| Net Change in Cash | -$896M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $612M |
| Net Receivables | $74M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $325M |
| Goodwill | $3.2B |
| Intangible Assets | $67M |
| Long-Term Investments | $30.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $475M |
| TOTAL NON-CURRENT ASSETS | $34.4B |
| TOTAL ASSETS | $36.1B |
| Account Payables | $14M |
| Short-Term Debt | $433M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29.1B |
| TOTAL CURRENT LIABILITIES | $29.6B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $232M |
| TOTAL NON-CURRENT LIABILITIES | $232M |
| TOTAL LIABILITIES | $29.8B |
| Common Stock | $93M |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $2.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.3B |
| TOTAL LIABILITIES & EQUITY | $36.1B |
| Total Debt | $433M |
| Net Debt | -$627M |
