| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $260M | $275M | $291M | -5.4% | -10.7% |
| Op. Income | $114M | $140M | $86M | -18.4% | 33.2% |
| Gross Margin | 89.5% | 94.2% | 66.9% | -4.7pp | 22.6pp |
| Net Margin | 33.5% | 37.9% | 22.9% | -4.4pp | 10.6pp |
| EPS (Diluted) | $0.94 | $1.11 | $0.70 | -15.3% | 34.3% |
| Free Cash Flow | $370M | $191M | $314M | 93.3% | 18.0% |
| Item | Amount |
|---|---|
| REVENUE | $260M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $232M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $61M |
| SG&A Expenses | $61M |
| Other Expenses | $57M |
| Operating Expenses | $118M |
| Cost & Expenses | $145M |
| OPERATING INCOME | $114M |
| Interest Income | $234M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $19M |
| EBIT | $114M |
| EBITDA | $133M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $260M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $232M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $61M |
| SG&A Expenses | $61M |
| Other Expenses | $57M |
| Operating Expenses | $118M |
| Cost & Expenses | $145M |
| OPERATING INCOME | $114M |
| Interest Income | $234M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $19M |
| EBIT | $114M |
| EBITDA | $133M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $183M |
| Change in Working Capital | $74M |
| OPERATING CASH FLOW | $375M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | -$122M |
| NET CASH FROM INVESTING | -$88M |
| Net Debt Issuance | -$250M |
| Common Stock Repurchased | -$129M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$275M |
| NET CASH FROM FINANCING | -$676M |
| FREE CASH FLOW | $370M |
| Net Change in Cash | -$388M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $507M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $507M |
| PP&E (Net) | $660M |
| Goodwill | $78M |
| Intangible Assets | $0 |
| Long-Term Investments | $33.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $928M |
| TOTAL NON-CURRENT ASSETS | $34.8B |
| TOTAL ASSETS | $35.3B |
| Account Payables | $0 |
| Short-Term Debt | $199M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28.1B |
| TOTAL CURRENT LIABILITIES | $28.3B |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $742M |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $32.2B |
| Common Stock | $900.0K |
| Additional Paid-In Capital | $886M |
| Retained Earnings | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $35.3B |
| Total Debt | $3.4B |
| Net Debt | $2.8B |
