| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $900M | $777M | $776M | 15.9% | 15.9% |
| Op. Income | $118M | $91M | $83M | 29.8% | 42.3% |
| Gross Margin | 43.0% | 43.4% | 42.2% | -0.4pp | 0.8pp |
| Net Margin | 9.5% | 8.1% | 7.8% | 1.4pp | 1.7pp |
| EPS (Diluted) | $2.37 | $1.74 | $1.52 | 36.2% | 55.9% |
| Free Cash Flow | $94M | $79M | $150M | 19.4% | -37.3% |
| Item | Amount |
|---|---|
| REVENUE | $900M |
| Cost of Revenue | $513M |
| GROSS PROFIT | $387M |
| R&D Expenses | $0 |
| Selling & Marketing | $268M |
| General & Administrative | $0 |
| SG&A Expenses | $268M |
| Other Expenses | $500.0K |
| Operating Expenses | $269M |
| Cost & Expenses | $782M |
| OPERATING INCOME | $118M |
| Interest Income | $200.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $109M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $25M |
| EBIT | $118M |
| EBITDA | $143M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $900M |
| Cost of Revenue | $513M |
| GROSS PROFIT | $387M |
| R&D Expenses | $0 |
| Selling & Marketing | $268M |
| General & Administrative | $0 |
| SG&A Expenses | $268M |
| Other Expenses | $500.0K |
| Operating Expenses | $269M |
| Cost & Expenses | $782M |
| OPERATING INCOME | $118M |
| Interest Income | $200.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $109M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $25M |
| EBIT | $118M |
| EBITDA | $143M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $86M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $104M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $500.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $94M |
| Net Change in Cash | $95M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $594M |
| Short-Term Investments | $0 |
| Net Receivables | $509M |
| Inventory | $370M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $320M |
| Goodwill | $1.1B |
| Intangible Assets | $580M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $380M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $105M |
| TOTAL CURRENT LIABILITIES | $671M |
| Long-Term Debt | $494M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $103M |
| Other Non-Current Liabilities | $204M |
| TOTAL NON-CURRENT LIABILITIES | $850M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $985M |
| Retained Earnings | $2.7B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$97M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $563M |
| Net Debt | -$31M |
