| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $230M | $251M | $216M | -8.5% | 6.3% |
| Op. Income | $53M | $46M | $50M | 16.2% | 6.6% |
| Gross Margin | 74.5% | 74.6% | 73.6% | -0.1pp | 0.9pp |
| Net Margin | 20.6% | 16.6% | 20.5% | 4.0pp | 0.1pp |
| EPS (Diluted) | $0.45 | $0.40 | $0.44 | 12.5% | 2.3% |
| Free Cash Flow | $59M | $51M | $36M | 17.1% | 65.5% |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $171M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $96M |
| Other Expenses | $6M |
| Operating Expenses | $118M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $17M |
| EBIT | $54M |
| EBITDA | $71M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $171M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $96M |
| Other Expenses | $6M |
| Operating Expenses | $118M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $17M |
| EBIT | $54M |
| EBITDA | $71M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$54M |
| Sales/Maturities of Investments | $65M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $23M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | $93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $362M |
| Short-Term Investments | $191M |
| Net Receivables | $177M |
| Inventory | $234M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $981M |
| PP&E (Net) | $216M |
| Goodwill | $167M |
| Intangible Assets | $73M |
| Long-Term Investments | $432M |
| Tax Assets | $9M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $930M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $123M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $65M |
| TOTAL NON-CURRENT LIABILITIES | $70M |
| TOTAL LIABILITIES | $192M |
| Common Stock | $101.0K |
| Additional Paid-In Capital | $542M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $0 |
| Net Debt | -$362M |
