| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $379M | $385M | $356M | -1.5% | 6.4% |
| Op. Income | -$65M | $65M | $167M | -199.2% | -138.9% |
| Gross Margin | 93.9% | 91.0% | 93.4% | 3.0pp | 0.5pp |
| Net Margin | 7.5% | 25.7% | 38.6% | -18.2pp | -31.2pp |
| EPS (Diluted) | $0.61 | $2.19 | $3.12 | -72.1% | -80.4% |
| Free Cash Flow | $79M | $114M | $202M | -30.5% | -60.7% |
| Item | Amount |
|---|---|
| REVENUE | $379M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $356M |
| R&D Expenses | $304M |
| Selling & Marketing | $14M |
| General & Administrative | $104M |
| SG&A Expenses | $117M |
| Other Expenses | $0 |
| Operating Expenses | $421M |
| Cost & Expenses | $444M |
| OPERATING INCOME | -$65M |
| Interest Income | $5M |
| Interest Expense | $5M |
| Other Income/Expenses | $97M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $13M |
| EBIT | $37M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $40M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $30M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $90M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$559M |
| Sales/Maturities of Investments | $563M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $79M |
| Net Change in Cash | $94M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $832M |
| Short-Term Investments | $899M |
| Net Receivables | $141M |
| Inventory | $92M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $714M |
| Goodwill | $28M |
| Intangible Assets | $17M |
| Long-Term Investments | $1.4B |
| Tax Assets | $264M |
| Other Non-Current Assets | $171M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $165M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $137M |
| TOTAL CURRENT LIABILITIES | $302M |
| Long-Term Debt | $800M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $93M |
| TOTAL NON-CURRENT LIABILITIES | $893M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $3.9B |
| Treasury Stock | -$2.6B |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $800M |
| Net Debt | -$32M |
