| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $152M | $151M | $161M | 0.6% | -5.4% |
| Op. Income | $75M | $72M | $40M | 5.4% | 89.7% |
| Gross Margin | 98.3% | 95.6% | 69.2% | 2.7pp | 29.1pp |
| Net Margin | 36.5% | 35.5% | 18.9% | 0.9pp | 17.5pp |
| EPS (Diluted) | $0.45 | $0.43 | $0.25 | 4.7% | 80.0% |
| Free Cash Flow | $79M | $83M | $22M | -4.3% | 266.0% |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $51M |
| SG&A Expenses | $53M |
| Other Expenses | $21M |
| Operating Expenses | $74M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $75M |
| Interest Income | $143M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $0 |
| EBIT | $75M |
| EBITDA | $75M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $51M |
| SG&A Expenses | $53M |
| Other Expenses | $21M |
| Operating Expenses | $74M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $75M |
| Interest Income | $143M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $0 |
| EBIT | $75M |
| EBITDA | $75M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $81M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$572M |
| Sales/Maturities of Investments | $156M |
| Other Investing Activities | -$144M |
| NET CASH FROM INVESTING | -$562M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$47M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $336M |
| NET CASH FROM FINANCING | $272M |
| FREE CASH FLOW | $79M |
| Net Change in Cash | -$210M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $640M |
| Short-Term Investments | $2.7B |
| Net Receivables | $47M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $96M |
| Goodwill | $464M |
| Intangible Assets | $8M |
| Long-Term Investments | $13.6B |
| Tax Assets | $33M |
| Other Non-Current Assets | $260M |
| TOTAL NON-CURRENT ASSETS | $14.4B |
| TOTAL ASSETS | $17.8B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.1B |
| TOTAL CURRENT LIABILITIES | $15.1B |
| Long-Term Debt | $521M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $81M |
| TOTAL NON-CURRENT LIABILITIES | $657M |
| TOTAL LIABILITIES | $15.7B |
| Common Stock | $136.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $898M |
| Treasury Stock | -$247M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $17.8B |
| Total Debt | $576M |
| Net Debt | -$64M |
