| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.5B | $1.6B | 15.1% | 8.0% |
| Op. Income | $267M | $288M | $40M | -7.3% | 567.5% |
| Gross Margin | 16.2% | 21.7% | -1.2% | -5.5pp | 17.5pp |
| Net Margin | 13.0% | 68.6% | 10.5% | -55.6pp | 2.5pp |
| EPS (Diluted) | $2.56 | $11.70 | $1.86 | -78.1% | 37.6% |
| Free Cash Flow | $428M | $330M | $609M | 29.7% | -29.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $273M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $6M |
| Operating Expenses | $6M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $267M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $267M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $219M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $219M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $219M |
| D&A | $27M |
| EBIT | $291M |
| EBITDA | $318M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $273M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $6M |
| Operating Expenses | $6M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $267M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $267M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $219M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $219M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $219M |
| D&A | $27M |
| EBIT | $291M |
| EBITDA | $318M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $219M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | $229M |
| OPERATING CASH FLOW | $455M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $24M |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | -$65M |
| NET CASH FROM INVESTING | -$764M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | -$211M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$223M |
| FREE CASH FLOW | $428M |
| Net Change in Cash | -$532M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $118M |
| Goodwill | $176M |
| Intangible Assets | $29M |
| Long-Term Investments | $13.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.2B |
| TOTAL NON-CURRENT ASSETS | $21.1B |
| TOTAL ASSETS | $25.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $2.4B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15.5B |
| TOTAL NON-CURRENT LIABILITIES | $17.8B |
| TOTAL LIABILITIES | $20.2B |
| Common Stock | $85M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $3.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $160M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $25.4B |
| Total Debt | $2.2B |
| Net Debt | -$597M |
