| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $298M | $287M | $298M | 3.7% | -0.1% |
| Op. Income | $102M | $90M | $115M | 13.6% | -11.2% |
| Gross Margin | 31.4% | 30.9% | 38.1% | 0.6pp | -6.7pp |
| Net Margin | 27.4% | 25.4% | 30.9% | 2.0pp | -3.5pp |
| EPS (Diluted) | $0.90 | $0.80 | $1.02 | 11.9% | -12.3% |
| Free Cash Flow | $102M | $59M | $88M | 71.6% | 15.8% |
| Item | Amount |
|---|---|
| REVENUE | $298M |
| Cost of Revenue | $204M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | -$12M |
| Operating Expenses | -$8M |
| Cost & Expenses | $196M |
| OPERATING INCOME | $102M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $0 |
| EBIT | $104M |
| EBITDA | $104M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $298M |
| Cost of Revenue | $204M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | -$12M |
| Operating Expenses | -$8M |
| Cost & Expenses | $196M |
| OPERATING INCOME | $102M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $0 |
| EBIT | $104M |
| EBITDA | $104M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $104M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$310M |
| Sales/Maturities of Investments | $224M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$92M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $102M |
| Net Change in Cash | $522.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $2.3B |
| Net Receivables | $722M |
| Inventory | $0 |
| Other Current Assets | -$3.3B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $51M |
| Goodwill | $46M |
| Intangible Assets | $8M |
| Long-Term Investments | $3.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$3.1B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $4.3B |
| Account Payables | $35M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$96M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $150M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $82M |
| Other Non-Current Liabilities | -$232M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $682.0K |
| Additional Paid-In Capital | $338M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$401M |
| Accum. Other Comp. Income | $79M |
| Other Equity | $8M |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $150M |
| Net Debt | $54M |
