| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $344M | $333M | $357M | 3.3% | -3.6% |
| Op. Income | $138M | $127M | $100M | 8.7% | 38.0% |
| Gross Margin | 93.6% | 92.8% | 79.6% | 0.8pp | 14.1pp |
| Net Margin | 32.3% | 30.6% | 23.2% | 1.6pp | 9.0pp |
| EPS (Diluted) | $0.34 | $0.31 | $0.25 | 9.7% | 36.0% |
| Free Cash Flow | $73M | $61M | $64M | 19.7% | 14.1% |
| Item | Amount |
|---|---|
| REVENUE | $344M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $322M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $109M |
| SG&A Expenses | $113M |
| Other Expenses | $71M |
| Operating Expenses | $184M |
| Cost & Expenses | $206M |
| OPERATING INCOME | $138M |
| Interest Income | $256M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | -$3M |
| EBIT | $138M |
| EBITDA | $135M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $344M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $322M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $109M |
| SG&A Expenses | $113M |
| Other Expenses | $71M |
| Operating Expenses | $184M |
| Cost & Expenses | $206M |
| OPERATING INCOME | $138M |
| Interest Income | $256M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | -$3M |
| EBIT | $138M |
| EBITDA | $135M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | -$3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$37M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$621M |
| Sales/Maturities of Investments | $453M |
| Other Investing Activities | $419M |
| NET CASH FROM INVESTING | $240M |
| Net Debt Issuance | -$90M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$39M |
| Other Financing Activities | $980M |
| NET CASH FROM FINANCING | $842M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.1B |
| Short-Term Investments | $3.2B |
| Net Receivables | $489M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.8B |
| PP&E (Net) | $342M |
| Goodwill | $2.3B |
| Intangible Assets | $45M |
| Long-Term Investments | $27.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $31.6B |
| TOTAL ASSETS | $39.4B |
| Account Payables | $0 |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $31.4B |
| TOTAL CURRENT LIABILITIES | $32.9B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $370M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $34.3B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$117M |
| Accum. Other Comp. Income | -$52M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $39.4B |
| Total Debt | $2.4B |
| Net Debt | -$1.7B |
