| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.7B | $1.5B | 5.9% | 20.8% |
| Op. Income | $610M | $520M | $419M | 17.3% | 45.5% |
| Gross Margin | 69.4% | 68.4% | 66.8% | 1.0pp | 2.6pp |
| Net Margin | 28.6% | 25.5% | 24.9% | 3.2pp | 3.7pp |
| EPS (Diluted) | $1.35 | $1.14 | $0.97 | 18.4% | 39.2% |
| Free Cash Flow | $544M | $677M | $536M | -19.7% | 1.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $538M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $307M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $206M |
| Other Expenses | $99M |
| Operating Expenses | $612M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $610M |
| Interest Income | $300.0K |
| Interest Expense | $45M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $572M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $503M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $503M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $503M |
| D&A | $196M |
| EBIT | $617M |
| EBITDA | $813M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $538M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $307M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $206M |
| Other Expenses | $99M |
| Operating Expenses | $612M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $610M |
| Interest Income | $300.0K |
| Interest Expense | $45M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $572M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $503M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $503M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $503M |
| D&A | $196M |
| EBIT | $617M |
| EBITDA | $813M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $503M |
| Depreciation & Amortization | $196M |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | -$24M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$79M |
| OPERATING CASH FLOW | $630M |
| Capital Expenditure | -$86M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $35M |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$163M |
| Common Dividends Paid | -$255M |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | -$407M |
| FREE CASH FLOW | $544M |
| Net Change in Cash | $175M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $823M |
| Inventory | $658M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $1.2B |
| Goodwill | $12.3B |
| Intangible Assets | $3.2B |
| Long-Term Investments | $106M |
| Tax Assets | $1.4B |
| Other Non-Current Assets | $319M |
| TOTAL NON-CURRENT ASSETS | $18.6B |
| TOTAL ASSETS | $21.6B |
| Account Payables | $266M |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.8B |
| Other Non-Current Liabilities | $983M |
| TOTAL NON-CURRENT LIABILITIES | $6.6B |
| TOTAL LIABILITIES | $9.4B |
| Common Stock | $61M |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | $7.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$225M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.3B |
| TOTAL LIABILITIES & EQUITY | $21.6B |
| Total Debt | $5.1B |
| Net Debt | $3.7B |
