| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $174M | $175M | $175M | -0.2% | -0.3% |
| Op. Income | $82M | $88M | $47M | -6.2% | 73.3% |
| Gross Margin | 101.7% | 104.7% | 78.0% | -3.0pp | 23.7pp |
| Net Margin | 35.6% | 38.7% | 21.7% | -3.1pp | 14.0pp |
| EPS (Diluted) | $1.52 | $1.68 | $0.95 | -9.5% | 60.0% |
| Free Cash Flow | $124M | $23M | $46M | 446.2% | 169.6% |
| Item | Amount |
|---|---|
| REVENUE | $174M |
| Cost of Revenue | -$3M |
| GROSS PROFIT | $177M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $58M |
| SG&A Expenses | $61M |
| Other Expenses | $34M |
| Operating Expenses | $95M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $82M |
| Interest Income | $134M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| 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 | $61M |
| D&A | $8M |
| EBIT | $82M |
| EBITDA | $90M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $174M |
| Cost of Revenue | -$3M |
| GROSS PROFIT | $177M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $58M |
| SG&A Expenses | $61M |
| Other Expenses | $34M |
| Operating Expenses | $95M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $82M |
| Interest Income | $134M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| 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 | $61M |
| D&A | $8M |
| EBIT | $82M |
| EBITDA | $90M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $39M |
| OPERATING CASH FLOW | $129M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $723M |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$833M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | -$28M |
| Other Financing Activities | $324M |
| NET CASH FROM FINANCING | $179M |
| FREE CASH FLOW | $124M |
| Net Change in Cash | -$526M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $234M |
| Short-Term Investments | $4.4B |
| Net Receivables | $174M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $296M |
| Goodwill | $32M |
| Intangible Assets | $22M |
| Long-Term Investments | $16.9B |
| Tax Assets | $35M |
| Other Non-Current Assets | $905M |
| TOTAL NON-CURRENT ASSETS | $18.2B |
| TOTAL ASSETS | $23.0B |
| Account Payables | $3M |
| Short-Term Debt | $450M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.5B |
| TOTAL CURRENT LIABILITIES | $20.9B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $306M |
| TOTAL NON-CURRENT LIABILITIES | $421M |
| TOTAL LIABILITIES | $21.4B |
| Common Stock | $580.0K |
| Additional Paid-In Capital | $598M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$49M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $23.0B |
| Total Debt | $565M |
| Net Debt | $331M |
