| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $280M | $277M | $284M | 1.0% | -1.4% |
| Op. Income | $175M | $167M | $175M | 4.7% | -0.5% |
| Gross Margin | 66.8% | 65.2% | 63.7% | 1.7pp | 3.2pp |
| Net Margin | 48.9% | 47.2% | 48.5% | 1.8pp | 0.4pp |
| EPS (Diluted) | $0.84 | $0.80 | $0.85 | 5.0% | -1.2% |
| Free Cash Flow | $148M | $136M | $215M | 8.7% | -31.3% |
| Item | Amount |
|---|---|
| REVENUE | $280M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $187M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $13M |
| Operating Expenses | $13M |
| Cost & Expenses | $106M |
| OPERATING INCOME | $175M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $137M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $137M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $137M |
| D&A | $0 |
| EBIT | $187M |
| EBITDA | $187M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $280M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $187M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $13M |
| Operating Expenses | $13M |
| Cost & Expenses | $106M |
| OPERATING INCOME | $175M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $137M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $137M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $137M |
| D&A | $0 |
| EBIT | $187M |
| EBITDA | $187M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $137M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $221.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$116.0K |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $148M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$312M |
| Sales/Maturities of Investments | $181M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$132M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $148M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $452M |
| Short-Term Investments | $0 |
| Net Receivables | $43M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $495M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $108M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $255M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $255M |
| Long-Term Debt | $740M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $778M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $134M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $740M |
| Net Debt | $288M |
