| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $462M | $429M | $360M | 7.6% | 28.4% |
| Op. Income | $102M | $90M | $50M | 12.6% | 103.3% |
| Gross Margin | 80.6% | 79.8% | 76.9% | 0.9pp | 3.7pp |
| Net Margin | 23.7% | 5.5% | 2.0% | 18.2pp | 21.7pp |
| EPS (Diluted) | $0.92 | $0.20 | $0.06 | 360.0% | 1433.3% |
| Free Cash Flow | $116M | $110M | $82M | 5.4% | 41.4% |
| Item | Amount |
|---|---|
| REVENUE | $462M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $372M |
| R&D Expenses | $73M |
| Selling & Marketing | $129M |
| General & Administrative | $61M |
| SG&A Expenses | $190M |
| Other Expenses | $8M |
| Operating Expenses | $271M |
| Cost & Expenses | $360M |
| OPERATING INCOME | $102M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | -$23M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $31M |
| EBIT | $99M |
| EBITDA | $130M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $462M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $372M |
| R&D Expenses | $73M |
| Selling & Marketing | $129M |
| General & Administrative | $61M |
| SG&A Expenses | $190M |
| Other Expenses | $8M |
| Operating Expenses | $271M |
| Cost & Expenses | $360M |
| OPERATING INCOME | $102M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | -$23M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $31M |
| EBIT | $99M |
| EBITDA | $130M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $109M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$389.0K |
| Change in Working Capital | -$63M |
| OPERATING CASH FLOW | $122M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$717M |
| Purchases of Investments | $6M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$717M |
| Net Debt Issuance | $520M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $528M |
| FREE CASH FLOW | $116M |
| Net Change in Cash | -$73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $326M |
| Short-Term Investments | $0 |
| Net Receivables | $435M |
| Inventory | $0 |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $902M |
| PP&E (Net) | $246M |
| Goodwill | $2.2B |
| Intangible Assets | $410M |
| Long-Term Investments | $0 |
| Tax Assets | $182M |
| Other Non-Current Assets | $247M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $481M |
| Other Current Liabilities | $95M |
| TOTAL CURRENT LIABILITIES | $767M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $71M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$98M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.7B |
| Net Debt | $1.4B |
