| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $176M | $179M | $192M | -1.7% | -8.1% |
| Op. Income | $91M | $104M | $72M | -12.9% | 26.3% |
| Gross Margin | 105.6% | 109.5% | 86.1% | -3.9pp | 19.5pp |
| Net Margin | 42.3% | 47.6% | 31.8% | -5.3pp | 10.5pp |
| EPS (Diluted) | $0.94 | $1.05 | $0.74 | -10.5% | 27.0% |
| Free Cash Flow | $100M | $50M | $47M | 101.5% | 115.4% |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | -$10M |
| GROSS PROFIT | $186M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $63M |
| SG&A Expenses | $66M |
| Other Expenses | $30M |
| Operating Expenses | $95M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $91M |
| Interest Income | $146M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $12M |
| EBIT | $91M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | -$10M |
| GROSS PROFIT | $186M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $63M |
| SG&A Expenses | $66M |
| Other Expenses | $30M |
| Operating Expenses | $95M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $91M |
| Interest Income | $146M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $12M |
| EBIT | $91M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $75M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | $35M |
| OPERATING CASH FLOW | $103M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$491M |
| Sales/Maturities of Investments | $140M |
| Other Investing Activities | $587M |
| NET CASH FROM INVESTING | $234M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | -$83M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$37M |
| NET CASH FROM FINANCING | -$139M |
| FREE CASH FLOW | $100M |
| Net Change in Cash | $198M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $3.2B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $160M |
| Goodwill | $936M |
| Intangible Assets | $47M |
| Long-Term Investments | $13.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $927M |
| TOTAL NON-CURRENT ASSETS | $15.7B |
| TOTAL ASSETS | $19.9B |
| Account Payables | $0 |
| Short-Term Debt | $95M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.6B |
| TOTAL CURRENT LIABILITIES | $16.7B |
| Long-Term Debt | $291M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $233M |
| TOTAL NON-CURRENT LIABILITIES | $524M |
| TOTAL LIABILITIES | $17.2B |
| Common Stock | $100M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $760M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $19.9B |
| Total Debt | $386M |
| Net Debt | -$677M |
