| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $574M | $519M | $484M | 10.5% | 18.6% |
| Op. Income | $71M | $63M | $44M | 13.0% | 63.4% |
| Gross Margin | 47.1% | 46.5% | 46.0% | 0.6pp | 1.1pp |
| Net Margin | 7.1% | 2.8% | 1.0% | 4.3pp | 6.1pp |
| EPS (Diluted) | $0.74 | $0.26 | $0.09 | 184.6% | 722.2% |
| Free Cash Flow | $163M | $52M | $91M | 214.9% | 78.3% |
| Item | Amount |
|---|---|
| REVENUE | $574M |
| Cost of Revenue | $303M |
| GROSS PROFIT | $270M |
| R&D Expenses | $15M |
| Selling & Marketing | $82M |
| General & Administrative | $98M |
| SG&A Expenses | $179M |
| Other Expenses | $5M |
| Operating Expenses | $199M |
| Cost & Expenses | $503M |
| OPERATING INCOME | $71M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $22M |
| EBIT | $70M |
| EBITDA | $92M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $574M |
| Cost of Revenue | $303M |
| GROSS PROFIT | $270M |
| R&D Expenses | $15M |
| Selling & Marketing | $82M |
| General & Administrative | $98M |
| SG&A Expenses | $179M |
| Other Expenses | $5M |
| Operating Expenses | $199M |
| Cost & Expenses | $503M |
| OPERATING INCOME | $71M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $22M |
| EBIT | $70M |
| EBITDA | $92M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$500.0K |
| Other Non-Cash Items | $600.0K |
| Change in Working Capital | $105M |
| OPERATING CASH FLOW | $175M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $163M |
| Net Change in Cash | $155M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $438M |
| Short-Term Investments | $0 |
| Net Receivables | $222M |
| Inventory | $359M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $358M |
| Goodwill | $1.2B |
| Intangible Assets | $914M |
| Long-Term Investments | -$103M |
| Tax Assets | $103M |
| Other Non-Current Assets | $106M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $216M |
| Short-Term Debt | $25M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $223M |
| TOTAL CURRENT LIABILITIES | $547M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $103M |
| Other Non-Current Liabilities | $209M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $830M |
| Treasury Stock | -$777M |
| Accum. Other Comp. Income | -$166M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $1.3B |
| Net Debt | $874M |
