| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $295M | $283M | $277M | 4.1% | 6.6% |
| Op. Income | $38M | $48M | $34M | -20.5% | 12.7% |
| Gross Margin | 47.1% | 47.0% | 44.7% | 0.1pp | 2.3pp |
| Net Margin | 12.5% | 19.1% | 17.2% | -6.6pp | -4.7pp |
| EPS (Diluted) | $0.88 | $1.29 | $1.16 | -31.8% | -24.1% |
| Free Cash Flow | $62M | $84M | $46M | -26.3% | 33.9% |
| Item | Amount |
|---|---|
| REVENUE | $295M |
| Cost of Revenue | $156M |
| GROSS PROFIT | $139M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $79M |
| Other Expenses | $0 |
| Operating Expenses | $101M |
| Cost & Expenses | $257M |
| OPERATING INCOME | $38M |
| Interest Income | $88.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $88.0K |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $21M |
| EBIT | $38M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $295M |
| Cost of Revenue | $156M |
| GROSS PROFIT | $139M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $79M |
| Other Expenses | $0 |
| Operating Expenses | $101M |
| Cost & Expenses | $257M |
| OPERATING INCOME | $38M |
| Interest Income | $88.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $88.0K |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $21M |
| EBIT | $38M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | -$53M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | $119.0K |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | $594M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $615M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | $647M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $59M |
| Net Receivables | $348M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $188M |
| Goodwill | $852M |
| Intangible Assets | $321M |
| Long-Term Investments | $113M |
| Tax Assets | $0 |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $421M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $525M |
| Long-Term Debt | $591M |
| Deferred Revenue NC | $83.0K |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $645M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $481.0K |
| Additional Paid-In Capital | $942M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$31M |
| Accum. Other Comp. Income | -$46.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $614M |
| Net Debt | -$637M |
