| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $285M | $269M | $251M | 5.8% | 13.5% |
| Op. Income | $88M | $93M | $97M | -5.4% | -9.4% |
| Gross Margin | 69.9% | 74.6% | 76.2% | -4.7pp | -6.3pp |
| Net Margin | 27.7% | 28.8% | 34.9% | -1.1pp | -7.2pp |
| EPS (Diluted) | $0.44 | $0.43 | $0.49 | 2.3% | -10.2% |
| Free Cash Flow | $60M | $92M | $78M | -34.8% | -22.7% |
| Item | Amount |
|---|---|
| REVENUE | $285M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $199M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $0 |
| Operating Expenses | $112M |
| Cost & Expenses | $197M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $5M |
| EBIT | $88M |
| EBITDA | $93M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $285M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $199M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $0 |
| Operating Expenses | $112M |
| Cost & Expenses | $197M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $5M |
| EBIT | $88M |
| EBITDA | $93M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $79M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $438.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$96M |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $203M |
| Short-Term Investments | $189M |
| Net Receivables | $137M |
| Inventory | $81M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $672M |
| PP&E (Net) | $101M |
| Goodwill | $242M |
| Intangible Assets | $13M |
| Long-Term Investments | $593M |
| Tax Assets | $421M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $27M |
| Short-Term Debt | $0 |
| Deferred Revenue | $38M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $165M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $317M |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $391M |
| TOTAL LIABILITIES | $556M |
| Common Stock | $354.0K |
| Additional Paid-In Capital | $900M |
| Retained Earnings | $634M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $27M |
| Net Debt | -$177M |
