| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $317M | $332M | $374M | -4.4% | -15.3% |
| Op. Income | $144M | $154M | $159M | -6.8% | -9.3% |
| Gross Margin | 103.3% | 103.6% | 93.2% | -0.3pp | 10.1pp |
| Net Margin | 34.1% | 35.0% | 33.4% | -0.9pp | 0.7pp |
| EPS (Diluted) | $0.49 | $0.53 | $0.57 | -7.5% | -14.0% |
| Free Cash Flow | $251M | -$110M | $61M | 327.2% | 312.1% |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | -$11M |
| GROSS PROFIT | $328M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $135M |
| SG&A Expenses | $136M |
| Other Expenses | $47M |
| Operating Expenses | $184M |
| Cost & Expenses | $173M |
| OPERATING INCOME | $144M |
| Interest Income | $243M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $144M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $8M |
| EBIT | $144M |
| EBITDA | $152M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | -$11M |
| GROSS PROFIT | $328M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $135M |
| SG&A Expenses | $136M |
| Other Expenses | $47M |
| Operating Expenses | $184M |
| Cost & Expenses | $173M |
| OPERATING INCOME | $144M |
| Interest Income | $243M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $144M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $8M |
| EBIT | $144M |
| EBITDA | $152M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $108M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $51M |
| Change in Working Capital | $85M |
| OPERATING CASH FLOW | $255M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$450M |
| Sales/Maturities of Investments | $169M |
| Other Investing Activities | $175M |
| NET CASH FROM INVESTING | -$110M |
| Net Debt Issuance | -$105M |
| Common Stock Repurchased | -$78M |
| Common Dividends Paid | -$46M |
| Other Financing Activities | $742M |
| NET CASH FROM FINANCING | $513M |
| FREE CASH FLOW | $251M |
| Net Change in Cash | $659M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.7B |
| Short-Term Investments | $3.7B |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.9B |
| PP&E (Net) | $261M |
| Goodwill | $0 |
| Intangible Assets | $116M |
| Long-Term Investments | $20.7B |
| Tax Assets | $8M |
| Other Non-Current Assets | $889M |
| TOTAL NON-CURRENT ASSETS | $22.0B |
| TOTAL ASSETS | $30.9B |
| Account Payables | $0 |
| Short-Term Debt | $468M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $26.9B |
| TOTAL CURRENT LIABILITIES | $27.4B |
| Long-Term Debt | $394M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $298M |
| TOTAL NON-CURRENT LIABILITIES | $793M |
| TOTAL LIABILITIES | $28.2B |
| Common Stock | $3.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$740M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $30.9B |
| Total Debt | $962M |
| Net Debt | -$2.8B |
