| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $320M | $265M | $205M | 20.9% | 56.5% |
| Op. Income | $86M | $123M | $122M | -29.7% | -29.3% |
| Gross Margin | 77.0% | 90.6% | 88.9% | -13.6pp | -11.9pp |
| Net Margin | 16.1% | 30.3% | 45.8% | -14.2pp | -29.7pp |
| EPS (Diluted) | $1.36 | $2.10 | $3.09 | -35.2% | -56.0% |
| Free Cash Flow | $98M | $96M | $133M | 2.1% | -26.4% |
| Item | Amount |
|---|---|
| REVENUE | $320M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $246M |
| R&D Expenses | $0 |
| Selling & Marketing | $80M |
| General & Administrative | $34M |
| SG&A Expenses | $113M |
| Other Expenses | $47M |
| Operating Expenses | $160M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $86M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $9M |
| EBIT | $68M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $320M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $246M |
| R&D Expenses | $0 |
| Selling & Marketing | $80M |
| General & Administrative | $34M |
| SG&A Expenses | $113M |
| Other Expenses | $47M |
| Operating Expenses | $160M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $86M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $9M |
| EBIT | $68M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $74M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$795.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$286M |
| NET CASH FROM INVESTING | -$295M |
| Net Debt Issuance | $48M |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $31M |
| FREE CASH FLOW | $98M |
| Net Change in Cash | -$159M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $229M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $117M |
| Goodwill | $279M |
| Intangible Assets | $37M |
| Long-Term Investments | $7M |
| Tax Assets | -$7M |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $486M |
| TOTAL ASSETS | $2.5B |
| Account Payables | $125M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $125M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $71M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $217M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$133M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $1M |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $1.1B |
| Net Debt | $908M |
