| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $319M | $295M | $251M | 8.2% | 27.3% |
| Op. Income | $82M | $68M | $54M | 21.1% | 51.9% |
| Gross Margin | 50.4% | 48.1% | 46.6% | 2.3pp | 3.8pp |
| Net Margin | 19.5% | 17.4% | 16.6% | 2.1pp | 2.9pp |
| EPS (Diluted) | $1.26 | $1.04 | $0.85 | 21.2% | 48.2% |
| Free Cash Flow | $82M | $38M | $76M | 112.8% | 7.4% |
| Item | Amount |
|---|---|
| REVENUE | $319M |
| Cost of Revenue | $158M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $68M |
| General & Administrative | $11M |
| SG&A Expenses | $79M |
| Other Expenses | $0 |
| Operating Expenses | $79M |
| Cost & Expenses | $237M |
| OPERATING INCOME | $82M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $192.0K |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $4M |
| EBIT | $82M |
| EBITDA | $87M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $319M |
| Cost of Revenue | $158M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $68M |
| General & Administrative | $11M |
| SG&A Expenses | $79M |
| Other Expenses | $0 |
| Operating Expenses | $79M |
| Cost & Expenses | $237M |
| OPERATING INCOME | $82M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $192.0K |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $4M |
| EBIT | $82M |
| EBITDA | $87M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$591.0K |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $85M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $82M |
| Net Change in Cash | $62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $469M |
| Short-Term Investments | $11M |
| Net Receivables | $6M |
| Inventory | $101M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $598M |
| PP&E (Net) | $363M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $20M |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $396M |
| TOTAL ASSETS | $994M |
| Account Payables | $64M |
| Short-Term Debt | $84M |
| Deferred Revenue | $80M |
| Other Current Liabilities | -$24M |
| TOTAL CURRENT LIABILITIES | $239M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $229M |
| TOTAL LIABILITIES | $468M |
| Common Stock | $498.0K |
| Additional Paid-In Capital | $166M |
| Retained Earnings | $360M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $526M |
| Minority Interest | $0 |
| TOTAL EQUITY | $526M |
| TOTAL LIABILITIES & EQUITY | $994M |
| Total Debt | $293M |
| Net Debt | -$176M |
