| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $486M | $347M | $375M | 39.9% | 29.7% |
| Op. Income | $130M | $64M | $73M | 102.1% | 78.4% |
| Gross Margin | 51.8% | 51.9% | 52.7% | -0.1pp | -0.9pp |
| Net Margin | 23.5% | 17.1% | 18.3% | 6.4pp | 5.3pp |
| EPS (Diluted) | $1.91 | $0.99 | $1.13 | 92.9% | 69.0% |
| Free Cash Flow | $129M | $36M | $125M | 263.4% | 3.8% |
| Item | Amount |
|---|---|
| REVENUE | $486M |
| Cost of Revenue | $234M |
| GROSS PROFIT | $252M |
| R&D Expenses | $89M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $356M |
| OPERATING INCOME | $130M |
| Interest Income | $1M |
| Interest Expense | $259.0K |
| Other Income/Expenses | $999.0K |
| INCOME BEFORE TAX | $131M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $12M |
| EBIT | $131M |
| EBITDA | $143M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $486M |
| Cost of Revenue | $234M |
| GROSS PROFIT | $252M |
| R&D Expenses | $89M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $356M |
| OPERATING INCOME | $130M |
| Interest Income | $1M |
| Interest Expense | $259.0K |
| Other Income/Expenses | $999.0K |
| INCOME BEFORE TAX | $131M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $12M |
| EBIT | $131M |
| EBITDA | $143M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $114M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $41.0K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $134M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $121.0K |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | -$121.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$47M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $129M |
| Net Change in Cash | $80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $327M |
| Short-Term Investments | $43M |
| Net Receivables | $245M |
| Inventory | $143M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $804M |
| PP&E (Net) | $290M |
| Goodwill | $288M |
| Intangible Assets | $24M |
| Long-Term Investments | $326M |
| Tax Assets | $7M |
| Other Non-Current Assets | $86M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $91M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $185M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $111M |
| TOTAL NON-CURRENT LIABILITIES | $240M |
| TOTAL LIABILITIES | $425M |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$88M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $144M |
| Net Debt | -$183M |
