| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $652M | $645M | $583M | 1.0% | 11.7% |
| Op. Income | $96M | $54M | $88M | 80.2% | 10.0% |
| Gross Margin | 81.4% | 80.1% | 81.8% | 1.4pp | -0.4pp |
| Net Margin | 13.8% | 6.7% | 12.0% | 7.1pp | 1.8pp |
| EPS (Diluted) | $1.46 | $0.70 | $1.14 | 108.6% | 28.1% |
| Free Cash Flow | $173M | $119M | $147M | 45.2% | 17.8% |
| Item | Amount |
|---|---|
| REVENUE | $652M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $531M |
| R&D Expenses | $133M |
| Selling & Marketing | $237M |
| General & Administrative | $64M |
| SG&A Expenses | $301M |
| Other Expenses | $0 |
| Operating Expenses | $434M |
| Cost & Expenses | $555M |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $29M |
| EBIT | $96M |
| EBITDA | $125M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $652M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $531M |
| R&D Expenses | $133M |
| Selling & Marketing | $237M |
| General & Administrative | $64M |
| SG&A Expenses | $301M |
| Other Expenses | $0 |
| Operating Expenses | $434M |
| Cost & Expenses | $555M |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $29M |
| EBIT | $96M |
| EBITDA | $125M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $90M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $61M |
| Deferred Income Tax | -$60M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $53M |
| OPERATING CASH FLOW | $182M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$190M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$159M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $28M |
| FREE CASH FLOW | $173M |
| Net Change in Cash | $52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $584M |
| Short-Term Investments | $184M |
| Net Receivables | $559M |
| Inventory | $23M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $450M |
| Goodwill | $2.2B |
| Intangible Assets | $263M |
| Long-Term Investments | $208M |
| Tax Assets | $129M |
| Other Non-Current Assets | $92M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $49M |
| Short-Term Debt | $69M |
| Deferred Revenue | $952M |
| Other Current Liabilities | $119M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $663M |
| Deferred Revenue NC | $489M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | -$223M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $134M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $1.0B |
| Net Debt | $457M |
