| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $2.3B | $2.2B | -22.2% | -19.8% |
| Op. Income | $184M | $872M | $614M | -78.9% | -70.0% |
| Gross Margin | 39.9% | 60.1% | 48.7% | -20.2pp | -8.7pp |
| Net Margin | 8.6% | 30.6% | 21.7% | -22.1pp | -13.2pp |
| EPS (Diluted) | $0.94 | $4.31 | $2.99 | -78.2% | -68.6% |
| Free Cash Flow | $598M | $559M | $499M | 7.0% | 19.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $713M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $529M |
| Operating Expenses | $529M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $184M |
| Interest Income | $182M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $31M |
| NET INCOME | $153M |
| D&A | $23M |
| EBIT | $197M |
| EBITDA | $220M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $713M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $529M |
| Operating Expenses | $529M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $184M |
| Interest Income | $182M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $31M |
| NET INCOME | $153M |
| D&A | $23M |
| EBIT | $197M |
| EBITDA | $220M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $153M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$24M |
| Other Non-Cash Items | $88M |
| Change in Working Capital | $353M |
| OPERATING CASH FLOW | $601M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$751M |
| Sales/Maturities of Investments | $387M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$365M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | -$100M |
| Other Financing Activities | -$42M |
| NET CASH FROM FINANCING | -$154M |
| FREE CASH FLOW | $598M |
| Net Change in Cash | $82M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $12.9B |
| Net Receivables | $2.9B |
| Inventory | $0 |
| Other Current Assets | -$17.0B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $209M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $22.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$23.0B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $29.9B |
| Account Payables | $0 |
| Short-Term Debt | $59M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$59M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $845M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.5B |
| Other Non-Current Liabilities | -$2.3B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $18.1B |
| Common Stock | $397M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $11.3B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | $663M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.8B |
| TOTAL LIABILITIES & EQUITY | $29.9B |
| Total Debt | $904M |
| Net Debt | -$181M |
