| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $297M | $296M | $300M | 0.2% | -1.0% |
| Op. Income | $154M | $134M | $27M | 14.7% | 475.7% |
| Gross Margin | 87.8% | 85.4% | 43.6% | 2.4pp | 44.2pp |
| Net Margin | 42.2% | 37.4% | 9.4% | 4.8pp | 32.8pp |
| EPS (Diluted) | $1.61 | $1.42 | $0.37 | 13.4% | 335.1% |
| Free Cash Flow | $114M | $118M | $50M | -3.1% | 126.8% |
| Item | Amount |
|---|---|
| REVENUE | $297M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $261M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $103M |
| SG&A Expenses | $105M |
| Other Expenses | $2M |
| Operating Expenses | $107M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $154M |
| Interest Income | $252M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $14M |
| EBIT | $154M |
| EBITDA | $168M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $297M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $261M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $103M |
| SG&A Expenses | $105M |
| Other Expenses | $2M |
| Operating Expenses | $107M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $154M |
| Interest Income | $252M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $14M |
| EBIT | $154M |
| EBITDA | $168M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $125M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$49M |
| OPERATING CASH FLOW | $120M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$320M |
| Sales/Maturities of Investments | $136M |
| Other Investing Activities | -$1.1B |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | -$200M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $629M |
| NET CASH FROM FINANCING | $408M |
| FREE CASH FLOW | $114M |
| Net Change in Cash | -$774M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.0B |
| Short-Term Investments | $3.7B |
| Net Receivables | $98M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.7B |
| PP&E (Net) | $290M |
| Goodwill | $1.8B |
| Intangible Assets | $40M |
| Long-Term Investments | $24.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.2B |
| TOTAL NON-CURRENT ASSETS | $28.6B |
| TOTAL ASSETS | $35.3B |
| Account Payables | $15M |
| Short-Term Debt | $172M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28.3B |
| TOTAL CURRENT LIABILITIES | $28.5B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $301M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $30.3B |
| Common Stock | $76M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $124M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $35.3B |
| Total Debt | $1.7B |
| Net Debt | -$1.2B |
