| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $444M | $585M | $532M | -24.1% | -16.5% |
| Op. Income | $339M | $489M | $445M | -30.7% | -23.8% |
| Gross Margin | 82.9% | 87.0% | 87.6% | -4.1pp | -4.7pp |
| Net Margin | 75.2% | 81.7% | 82.9% | -6.5pp | -7.7pp |
| EPS (Diluted) | $0.73 | $1.09 | $1.04 | -33.0% | -29.8% |
| Free Cash Flow | $264M | $294M | $221M | -10.2% | 19.5% |
| Item | Amount |
|---|---|
| REVENUE | $444M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $368M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $18M |
| Operating Expenses | $29M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $339M |
| Interest Income | $317M |
| Interest Expense | $76M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $339M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $334M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $334M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $334M |
| D&A | $0 |
| EBIT | $339M |
| EBITDA | $339M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $444M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $368M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $18M |
| Operating Expenses | $29M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $339M |
| Interest Income | $317M |
| Interest Expense | $76M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $339M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $334M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $334M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $334M |
| D&A | $0 |
| EBIT | $339M |
| EBITDA | $339M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $334M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$100M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $264M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.5B |
| Sales/Maturities of Investments | $2.2B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$259M |
| Net Debt Issuance | $658M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$179M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | $774M |
| FREE CASH FLOW | $264M |
| Net Change in Cash | $779M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $135M |
| Inventory | $0 |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $31M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $17.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $98M |
| TOTAL NON-CURRENT ASSETS | $17.8B |
| TOTAL ASSETS | $19.2B |
| Account Payables | $215M |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $561M |
| Long-Term Debt | $10.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $10.1B |
| TOTAL LIABILITIES | $10.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $8.4B |
| Retained Earnings | $164M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.5B |
| TOTAL LIABILITIES & EQUITY | $19.2B |
| Total Debt | $10.1B |
| Net Debt | $8.9B |
