| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.2B | 3.2% | 5.7% |
| Op. Income | $301M | $299M | $274M | 0.9% | 10.1% |
| Gross Margin | 44.2% | 43.4% | 45.5% | 0.7pp | -1.4pp |
| Net Margin | 17.6% | 17.2% | 17.4% | 0.4pp | 0.1pp |
| EPS (Diluted) | $0.92 | $0.87 | $0.85 | 5.7% | 8.2% |
| Free Cash Flow | $289M | $227M | $176M | 27.0% | 64.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $732M |
| GROSS PROFIT | $579M |
| R&D Expenses | $0 |
| Selling & Marketing | $161M |
| General & Administrative | $117M |
| SG&A Expenses | $278M |
| Other Expenses | $0 |
| Operating Expenses | $278M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $301M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $289M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $230M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $230M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $230M |
| D&A | $55M |
| EBIT | $303M |
| EBITDA | $357M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $732M |
| GROSS PROFIT | $579M |
| R&D Expenses | $0 |
| Selling & Marketing | $161M |
| General & Administrative | $117M |
| SG&A Expenses | $278M |
| Other Expenses | $0 |
| Operating Expenses | $278M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $301M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $289M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $230M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $230M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $230M |
| D&A | $55M |
| EBIT | $303M |
| EBITDA | $357M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $230M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | -$38M |
| Change in Working Capital | $47M |
| OPERATING CASH FLOW | $309M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$153M |
| Common Stock Repurchased | -$55M |
| Common Dividends Paid | -$62M |
| Other Financing Activities | $100.0K |
| NET CASH FROM FINANCING | -$256M |
| FREE CASH FLOW | $289M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180M |
| Short-Term Investments | $0 |
| Net Receivables | $407M |
| Inventory | $553M |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $616M |
| Goodwill | $2.2B |
| Intangible Assets | $3.0B |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $331M |
| TOTAL NON-CURRENT ASSETS | $6.2B |
| TOTAL ASSETS | $7.4B |
| Account Payables | $618M |
| Short-Term Debt | $604M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $299M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $748M |
| Other Non-Current Liabilities | $168M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $293M |
| Additional Paid-In Capital | $328M |
| Retained Earnings | $5.3B |
| Treasury Stock | -$2.3B |
| Accum. Other Comp. Income | -$61M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $7.4B |
| Total Debt | $2.0B |
| Net Debt | $1.8B |
