| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $375M | $377M | $192M | -0.6% | 95.3% |
| Op. Income | $188M | $67M | $28M | 181.3% | 562.8% |
| Gross Margin | 111.2% | 89.7% | 70.7% | 21.5pp | 40.5pp |
| Net Margin | 39.2% | 22.9% | 12.6% | 16.3pp | 26.6pp |
| EPS (Diluted) | $2.06 | $1.21 | $0.71 | 70.2% | 190.1% |
| Free Cash Flow | $293M | $177M | $39M | 65.9% | 654.6% |
| Item | Amount |
|---|---|
| REVENUE | $375M |
| Cost of Revenue | -$42M |
| GROSS PROFIT | $417M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $169M |
| SG&A Expenses | $171M |
| Other Expenses | $58M |
| Operating Expenses | $229M |
| Cost & Expenses | $187M |
| OPERATING INCOME | $188M |
| Interest Income | $278M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $188M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $147M |
| D&A | $15M |
| EBIT | $188M |
| EBITDA | $203M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $375M |
| Cost of Revenue | -$42M |
| GROSS PROFIT | $417M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $169M |
| SG&A Expenses | $171M |
| Other Expenses | $58M |
| Operating Expenses | $229M |
| Cost & Expenses | $187M |
| OPERATING INCOME | $188M |
| Interest Income | $278M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $188M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $147M |
| D&A | $15M |
| EBIT | $188M |
| EBITDA | $203M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $147M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | -$122M |
| Change in Working Capital | $231M |
| OPERATING CASH FLOW | $299M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$40M |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $235M |
| Other Investing Activities | $189M |
| NET CASH FROM INVESTING | -$750M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$804.0K |
| Common Dividends Paid | -$33M |
| Other Financing Activities | $1.9B |
| NET CASH FROM FINANCING | $1.8B |
| FREE CASH FLOW | $293M |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $759M |
| Short-Term Investments | $3.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $569M |
| Goodwill | $1.6B |
| Intangible Assets | $208M |
| Long-Term Investments | $26.3B |
| Tax Assets | $105M |
| Other Non-Current Assets | $6.4B |
| TOTAL NON-CURRENT ASSETS | $35.1B |
| TOTAL ASSETS | $39.7B |
| Account Payables | $0 |
| Short-Term Debt | $879M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $32.4B |
| TOTAL CURRENT LIABILITIES | $33.3B |
| Long-Term Debt | $390M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $35.0B |
| Common Stock | $178M |
| Additional Paid-In Capital | $3.8B |
| Retained Earnings | $771M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $39.7B |
| Total Debt | $1.3B |
| Net Debt | $510M |
