| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $363M | $382M | $404M | -4.8% | -10.1% |
| Op. Income | $155M | $143M | $116M | 8.2% | 33.2% |
| Gross Margin | 86.8% | 82.9% | 67.3% | 3.8pp | 19.5pp |
| Net Margin | 31.8% | 27.6% | 21.6% | 4.2pp | 10.3pp |
| EPS (Diluted) | $0.28 | $0.25 | $0.21 | 12.0% | 33.3% |
| Free Cash Flow | $313M | $171M | -$116M | 83.2% | 370.2% |
| Item | Amount |
|---|---|
| REVENUE | $363M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $315M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $91M |
| SG&A Expenses | $91M |
| Other Expenses | $69M |
| Operating Expenses | $160M |
| Cost & Expenses | $208M |
| OPERATING INCOME | $155M |
| Interest Income | $332M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $20M |
| EBIT | $155M |
| EBITDA | $175M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $363M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $315M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $91M |
| SG&A Expenses | $91M |
| Other Expenses | $69M |
| Operating Expenses | $160M |
| Cost & Expenses | $208M |
| OPERATING INCOME | $155M |
| Interest Income | $332M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $20M |
| EBIT | $155M |
| EBITDA | $175M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $83M |
| Change in Working Capital | $89M |
| OPERATING CASH FLOW | $313M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$410M |
| Sales/Maturities of Investments | $390M |
| Other Investing Activities | -$480M |
| NET CASH FROM INVESTING | -$500M |
| Net Debt Issuance | -$115M |
| Common Stock Repurchased | -$542.0K |
| Common Dividends Paid | -$46M |
| Other Financing Activities | $649M |
| NET CASH FROM FINANCING | $491M |
| FREE CASH FLOW | $313M |
| Net Change in Cash | $305M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $40M |
| Net Receivables | $108M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $566M |
| Goodwill | $1.4B |
| Intangible Assets | $68M |
| Long-Term Investments | $36.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $39.4B |
| TOTAL ASSETS | $41.2B |
| Account Payables | $0 |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $32.6B |
| TOTAL CURRENT LIABILITIES | $34.0B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $36.5B |
| Common Stock | $142M |
| Additional Paid-In Capital | $3.7B |
| Retained Earnings | $673M |
| Treasury Stock | -$50.0K |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $41.2B |
| Total Debt | $3.7B |
| Net Debt | $2.0B |
