| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $487M | $850M | $502M | -42.7% | -3.0% |
| Op. Income | $193M | $845M | -$116M | -77.1% | 266.9% |
| Gross Margin | 66.0% | 114.2% | 2.9% | -48.2pp | 63.1pp |
| Net Margin | 28.8% | 75.5% | -17.0% | -46.7pp | 45.8pp |
| EPS (Diluted) | $0.44 | $1.75 | $-0.23 | -74.9% | 291.3% |
| Free Cash Flow | -$226M | $46M | -$207M | -593.3% | -9.3% |
| Item | Amount |
|---|---|
| REVENUE | $487M |
| Cost of Revenue | $166M |
| GROSS PROFIT | $321M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $69M |
| SG&A Expenses | $69M |
| Other Expenses | $60M |
| Operating Expenses | $128M |
| Cost & Expenses | $294M |
| OPERATING INCOME | $193M |
| Interest Income | $435M |
| Interest Expense | $96M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $193M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $139M |
| D&A | $4M |
| EBIT | $193M |
| EBITDA | $197M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $487M |
| Cost of Revenue | $166M |
| GROSS PROFIT | $321M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $69M |
| SG&A Expenses | $69M |
| Other Expenses | $60M |
| Operating Expenses | $128M |
| Cost & Expenses | $294M |
| OPERATING INCOME | $193M |
| Interest Income | $435M |
| Interest Expense | $96M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $193M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $139M |
| D&A | $4M |
| EBIT | $193M |
| EBITDA | $197M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $140M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $56M |
| Other Non-Cash Items | $50M |
| Change in Working Capital | -$482M |
| OPERATING CASH FLOW | -$226M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$304M |
| Sales/Maturities of Investments | $377M |
| Other Investing Activities | $324M |
| NET CASH FROM INVESTING | $397M |
| Net Debt Issuance | -$262M |
| Common Stock Repurchased | -$477M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$1.1B |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | -$226M |
| Net Change in Cash | -$1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.5B |
| Short-Term Investments | $2.1B |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.3B |
| PP&E (Net) | $154M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $20.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $260M |
| TOTAL NON-CURRENT ASSETS | $20.7B |
| TOTAL ASSETS | $28.9B |
| Account Payables | $0 |
| Short-Term Debt | $199M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.1B |
| TOTAL CURRENT LIABILITIES | $21.3B |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $309M |
| TOTAL NON-CURRENT LIABILITIES | $5.3B |
| TOTAL LIABILITIES | $26.6B |
| Common Stock | $86M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.5B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $28.9B |
| Total Debt | $5.2B |
| Net Debt | $691M |
