| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $470M | $471M | $426M | -0.3% | 10.3% |
| Op. Income | $332M | $379M | $318M | -12.5% | 4.4% |
| Gross Margin | 75.9% | 80.8% | 75.6% | -4.8pp | 0.4pp |
| Net Margin | 53.2% | 61.2% | 56.8% | -8.0pp | -3.6pp |
| EPS (Diluted) | $15.79 | $17.18 | $13.56 | -8.1% | 16.4% |
| Free Cash Flow | $267M | $341M | $275M | -21.8% | -3.1% |
| Item | Amount |
|---|---|
| REVENUE | $470M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $357M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $17M |
| SG&A Expenses | $33M |
| Other Expenses | -$8M |
| Operating Expenses | $25M |
| Cost & Expenses | $138M |
| OPERATING INCOME | $332M |
| Interest Income | $200.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $400.0K |
| INCOME BEFORE TAX | $332M |
| Income Tax Expense | $82M |
| Net Income from Continuing Ops | $250M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $250M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $250M |
| D&A | $7M |
| EBIT | $332M |
| EBITDA | $339M |
| EPS | $16 |
| EPS Diluted | $16 |
| Item | Amount |
|---|---|
| REVENUE | $470M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $357M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $17M |
| SG&A Expenses | $33M |
| Other Expenses | -$8M |
| Operating Expenses | $25M |
| Cost & Expenses | $138M |
| OPERATING INCOME | $332M |
| Interest Income | $200.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $400.0K |
| INCOME BEFORE TAX | $332M |
| Income Tax Expense | $82M |
| Net Income from Continuing Ops | $250M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $250M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $250M |
| D&A | $7M |
| EBIT | $332M |
| EBITDA | $339M |
| EPS | $16 |
| EPS Diluted | $16 |
| Item | Amount |
|---|---|
| Net Income | $250M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $270M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $200M |
| NET CASH FROM INVESTING | $193M |
| Net Debt Issuance | -$176M |
| Common Stock Repurchased | -$704M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$881M |
| FREE CASH FLOW | $267M |
| Net Change in Cash | -$419M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $6.6B |
| Inventory | $0 |
| Other Current Assets | $431M |
| TOTAL CURRENT ASSETS | $7.1B |
| PP&E (Net) | $58M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $89M |
| TOTAL NON-CURRENT ASSETS | $147M |
| TOTAL ASSETS | $7.2B |
| Account Payables | $251M |
| Short-Term Debt | $72M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$72M |
| TOTAL CURRENT LIABILITIES | $252M |
| Long-Term Debt | $4.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $387M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $166M |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $700.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $4.7B |
| Net Debt | $4.7B |
