| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $770M | $726M | $671M | 6.1% | 14.7% |
| Op. Income | $235M | $196M | $184M | 20.1% | 28.2% |
| Gross Margin | 48.7% | 45.5% | 46.0% | 3.2pp | 2.7pp |
| Net Margin | 19.0% | 19.2% | 20.0% | -0.2pp | -1.0pp |
| EPS (Diluted) | $0.52 | $0.49 | $0.47 | 6.1% | 10.6% |
| Free Cash Flow | $238M | $228M | $103M | 4.5% | 131.4% |
| Item | Amount |
|---|---|
| REVENUE | $770M |
| Cost of Revenue | $395M |
| GROSS PROFIT | $375M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $140M |
| Operating Expenses | $140M |
| Cost & Expenses | $535M |
| OPERATING INCOME | $235M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $197M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$46.0K |
| NET INCOME | $146M |
| Net Income Deductions | -$46.0K |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $39M |
| EBIT | $214M |
| EBITDA | $253M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $770M |
| Cost of Revenue | $395M |
| GROSS PROFIT | $375M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $140M |
| Operating Expenses | $140M |
| Cost & Expenses | $535M |
| OPERATING INCOME | $235M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $197M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$46.0K |
| NET INCOME | $146M |
| Net Income Deductions | -$46.0K |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $39M |
| EBIT | $214M |
| EBITDA | $253M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $146M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $248M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$60M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$70M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$55M |
| NET CASH FROM FINANCING | -$101M |
| FREE CASH FLOW | $238M |
| Net Change in Cash | $75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $944M |
| Short-Term Investments | $14M |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $603M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $396M |
| Goodwill | $4.6B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $31M |
| Tax Assets | $0 |
| Other Non-Current Assets | $193M |
| TOTAL NON-CURRENT ASSETS | $6.2B |
| TOTAL ASSETS | $9.6B |
| Account Payables | $1.4B |
| Short-Term Debt | $290M |
| Deferred Revenue | $551M |
| Other Current Liabilities | $220M |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $375M |
| Other Non-Current Liabilities | $331M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $30M |
| Additional Paid-In Capital | $830M |
| Retained Earnings | $3.9B |
| Treasury Stock | -$674M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $9.6B |
| Total Debt | $2.2B |
| Net Debt | $1.3B |
