| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $491M | $491M | $457M | 0.0% | 7.4% |
| Op. Income | $70M | $81M | $8M | -13.6% | 775.0% |
| Gross Margin | 63.1% | 62.5% | 56.0% | 0.6pp | 7.1pp |
| Net Margin | 9.0% | 10.8% | -9.4% | -1.8pp | 18.4pp |
| EPS (Diluted) | $0.39 | $0.47 | $-0.40 | -17.0% | 197.5% |
| Free Cash Flow | $219M | $105M | $115M | 108.6% | 90.4% |
| Item | Amount |
|---|---|
| REVENUE | $491M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $310M |
| R&D Expenses | $79M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $161M |
| Other Expenses | $0 |
| Operating Expenses | $240M |
| Cost & Expenses | $421M |
| OPERATING INCOME | $70M |
| Interest Income | $2M |
| Interest Expense | $7M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $37M |
| EBIT | $66M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $491M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $310M |
| R&D Expenses | $79M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $161M |
| Other Expenses | $0 |
| Operating Expenses | $240M |
| Cost & Expenses | $421M |
| OPERATING INCOME | $70M |
| Interest Income | $2M |
| Interest Expense | $7M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $37M |
| EBIT | $66M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $114M |
| OPERATING CASH FLOW | $225M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$42M |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$75M |
| FREE CASH FLOW | $219M |
| Net Change in Cash | $145M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $684M |
| Short-Term Investments | $0 |
| Net Receivables | $299M |
| Inventory | $20M |
| Other Current Assets | $143M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $352M |
| Goodwill | $399M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $208M |
| Other Non-Current Assets | $140M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $91M |
| Short-Term Debt | $62M |
| Deferred Revenue | $544M |
| Other Current Liabilities | $82M |
| TOTAL CURRENT LIABILITIES | $998M |
| Long-Term Debt | $374M |
| Deferred Revenue NC | $41M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $262M |
| TOTAL NON-CURRENT LIABILITIES | $776M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$135M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $471M |
| Minority Interest | $0 |
| TOTAL EQUITY | $471M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $629M |
| Net Debt | -$55M |
