| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.5B | $823M | -24.0% | 42.0% |
| Op. Income | $359M | $797M | $191M | -55.0% | 87.7% |
| Gross Margin | 60.1% | 70.6% | 56.6% | -10.6pp | 3.4pp |
| Net Margin | 23.0% | 40.3% | 16.8% | -17.3pp | 6.2pp |
| EPS (Diluted) | $1.04 | $2.38 | $0.53 | -56.3% | 96.2% |
| Free Cash Flow | $619M | $506M | $188M | 22.3% | 229.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $467M |
| GROSS PROFIT | $702M |
| R&D Expenses | $69M |
| Selling & Marketing | $143M |
| General & Administrative | $117M |
| SG&A Expenses | $260M |
| Other Expenses | $14M |
| Operating Expenses | $343M |
| Cost & Expenses | $810M |
| OPERATING INCOME | $359M |
| Interest Income | $400.0K |
| Interest Expense | $22M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $338M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $268M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $268M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $268M |
| D&A | $101M |
| EBIT | $359M |
| EBITDA | $460M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $467M |
| GROSS PROFIT | $702M |
| R&D Expenses | $69M |
| Selling & Marketing | $143M |
| General & Administrative | $117M |
| SG&A Expenses | $260M |
| Other Expenses | $14M |
| Operating Expenses | $343M |
| Cost & Expenses | $810M |
| OPERATING INCOME | $359M |
| Interest Income | $400.0K |
| Interest Expense | $22M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $338M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $268M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $268M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $268M |
| D&A | $101M |
| EBIT | $359M |
| EBITDA | $460M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $268M |
| Depreciation & Amortization | $101M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $283M |
| OPERATING CASH FLOW | $663M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | -$723M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$758M |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | -$189M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $318M |
| NET CASH FROM FINANCING | $110M |
| FREE CASH FLOW | $619M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $828M |
| Short-Term Investments | $0 |
| Net Receivables | $943M |
| Inventory | $503M |
| Other Current Assets | $82M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $551M |
| Goodwill | $3.3B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $556M |
| TOTAL NON-CURRENT ASSETS | $6.2B |
| TOTAL ASSETS | $8.6B |
| Account Payables | $208M |
| Short-Term Debt | $461M |
| Deferred Revenue | $213M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $285M |
| Other Non-Current Liabilities | $272M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $3M |
| Additional Paid-In Capital | $5.9B |
| Retained Earnings | -$31M |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $8.6B |
| Total Debt | $3.1B |
| Net Debt | $2.3B |
