| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $284M | $243M | $243M | 16.6% | 16.7% |
| Op. Income | $247M | $190M | $148M | 29.5% | 66.2% |
| Gross Margin | 102.6% | 96.0% | 77.3% | 6.6pp | 25.4pp |
| Net Margin | 72.4% | 65.7% | 51.2% | 6.7pp | 21.2pp |
| EPS (Diluted) | $1.84 | $1.42 | $1.11 | 29.6% | 65.8% |
| Free Cash Flow | $177M | $152M | $202M | 16.9% | -12.3% |
| Item | Amount |
|---|---|
| REVENUE | $284M |
| Cost of Revenue | -$7M |
| GROSS PROFIT | $291M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $17M |
| Operating Expenses | $44M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $247M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $247M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $205M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $205M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $205M |
| D&A | $855.0K |
| EBIT | $249M |
| EBITDA | $250M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $284M |
| Cost of Revenue | -$7M |
| GROSS PROFIT | $291M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $17M |
| Operating Expenses | $44M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $247M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $247M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $205M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $205M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $205M |
| D&A | $855.0K |
| EBIT | $249M |
| EBITDA | $250M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $205M |
| Depreciation & Amortization | $855.0K |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $22M |
| Other Non-Cash Items | -$30M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $178M |
| Capital Expenditure | -$930.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$537M |
| Sales/Maturities of Investments | $374M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$164M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$71M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$91M |
| FREE CASH FLOW | $177M |
| Net Change in Cash | -$76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $310M |
| Net Receivables | $48M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $423M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | -$13M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $5.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $223M |
| TOTAL CURRENT LIABILITIES | $348M |
| Long-Term Debt | $323M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $357M |
| Other Non-Current Liabilities | $394M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $2.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $79M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $323M |
| Net Debt | $257M |
