| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $242M | $257M | $338M | -6.1% | -28.5% |
| Op. Income | $111M | $115M | $150M | -3.9% | -26.3% |
| Gross Margin | 99.3% | 95.3% | 89.6% | 4.0pp | 9.7pp |
| Net Margin | 33.8% | 34.3% | 34.3% | -0.5pp | -0.6pp |
| EPS (Diluted) | $1.17 | $1.27 | $1.67 | -7.9% | -29.9% |
| Free Cash Flow | -$170M | $369M | $401M | -146.1% | -142.5% |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $240M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $80M |
| SG&A Expenses | $82M |
| Other Expenses | $47M |
| Operating Expenses | $129M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $111M |
| Interest Income | $173M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $15M |
| EBIT | $111M |
| EBITDA | $125M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $240M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $80M |
| SG&A Expenses | $82M |
| Other Expenses | $47M |
| Operating Expenses | $129M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $111M |
| Interest Income | $173M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $15M |
| EBIT | $111M |
| EBITDA | $125M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$283M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | -$165M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $90M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $56M |
| Net Debt Issuance | -$36.0K |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $575M |
| NET CASH FROM FINANCING | $558M |
| FREE CASH FLOW | -$170M |
| Net Change in Cash | $448M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $239M |
| Short-Term Investments | $685M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $924M |
| PP&E (Net) | $226M |
| Goodwill | $928M |
| Intangible Assets | $60M |
| Long-Term Investments | $16.2B |
| Tax Assets | $4M |
| Other Non-Current Assets | $4.2B |
| TOTAL NON-CURRENT ASSETS | $21.6B |
| TOTAL ASSETS | $22.5B |
| Account Payables | $0 |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18.8B |
| TOTAL CURRENT LIABILITIES | $18.8B |
| Long-Term Debt | $551M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $243M |
| TOTAL NON-CURRENT LIABILITIES | $794M |
| TOTAL LIABILITIES | $19.6B |
| Common Stock | $72M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $935M |
| Treasury Stock | -$51M |
| Accum. Other Comp. Income | $22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $22.5B |
| Total Debt | $556M |
| Net Debt | $317M |
