| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $163M | $165M | $176M | -0.9% | -7.0% |
| Op. Income | $67M | $62M | $51M | 8.8% | 32.0% |
| Gross Margin | 101.7% | 97.8% | 84.5% | 3.9pp | 17.2pp |
| Net Margin | 36.7% | 30.9% | 23.6% | 5.9pp | 13.1pp |
| EPS (Diluted) | $0.63 | $0.52 | $0.42 | 21.2% | 50.0% |
| Free Cash Flow | $72M | $56M | $19M | 28.0% | 284.4% |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | -$3M |
| GROSS PROFIT | $166M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $72M |
| SG&A Expenses | $74M |
| Other Expenses | $25M |
| Operating Expenses | $99M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $67M |
| Interest Income | $121M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $8M |
| EBIT | $67M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | -$3M |
| GROSS PROFIT | $166M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $72M |
| SG&A Expenses | $74M |
| Other Expenses | $25M |
| Operating Expenses | $99M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $67M |
| Interest Income | $121M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $8M |
| EBIT | $67M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$530M |
| Sales/Maturities of Investments | $491M |
| Other Investing Activities | $162M |
| NET CASH FROM INVESTING | $117M |
| Net Debt Issuance | -$284M |
| Common Stock Repurchased | -$57M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | $171M |
| NET CASH FROM FINANCING | -$192M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $240M |
| Short-Term Investments | $4.1B |
| Net Receivables | $67M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $193M |
| Goodwill | $938M |
| Intangible Assets | $57M |
| Long-Term Investments | $9.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $968M |
| TOTAL NON-CURRENT ASSETS | $11.5B |
| TOTAL ASSETS | $16.0B |
| Account Payables | $541M |
| Short-Term Debt | $189M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.7B |
| TOTAL CURRENT LIABILITIES | $13.4B |
| Long-Term Debt | $311M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $313M |
| TOTAL LIABILITIES | $13.7B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $812M |
| Treasury Stock | -$227M |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $16.0B |
| Total Debt | $502M |
| Net Debt | $263M |
