| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.3B | $1.8B | 49.0% | 10.9% |
| Op. Income | $368M | $77M | $337M | 380.3% | 9.3% |
| Gross Margin | 60.3% | 65.5% | 55.7% | -5.1pp | 4.6pp |
| Net Margin | 12.9% | -1.7% | 12.4% | 14.6pp | 0.4pp |
| EPS (Diluted) | $1.83 | $-0.17 | $1.61 | 1176.5% | 13.7% |
| Free Cash Flow | $74M | $160M | $208M | -54.1% | -64.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $781M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $80M |
| Selling & Marketing | $163M |
| General & Administrative | $362M |
| SG&A Expenses | $525M |
| Other Expenses | $216M |
| Operating Expenses | $821M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $368M |
| Interest Income | $2M |
| Interest Expense | $43M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $323M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $255M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $253M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $253M |
| D&A | $264M |
| EBIT | $367M |
| EBITDA | $631M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $781M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $80M |
| Selling & Marketing | $163M |
| General & Administrative | $362M |
| SG&A Expenses | $525M |
| Other Expenses | $216M |
| Operating Expenses | $821M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $368M |
| Interest Income | $2M |
| Interest Expense | $43M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $323M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $255M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $253M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $253M |
| D&A | $264M |
| EBIT | $367M |
| EBITDA | $631M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $253M |
| Depreciation & Amortization | $264M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$440M |
| OPERATING CASH FLOW | $109M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $379M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$400.0K |
| NET CASH FROM INVESTING | $344M |
| Net Debt Issuance | -$414M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$93M |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$505M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | -$130M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $544M |
| Other Current Assets | $95M |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $442M |
| Goodwill | $3.4B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $10.2B |
| Account Payables | $598M |
| Short-Term Debt | $189M |
| Deferred Revenue | $147M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $723M |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $7.2B |
| Common Stock | $110M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $4.3B |
| Treasury Stock | -$3.5B |
| Accum. Other Comp. Income | -$209M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $61M |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $10.2B |
| Total Debt | $4.2B |
| Net Debt | $3.1B |
