| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $499M | $452M | $473M | 10.5% | 5.4% |
| Op. Income | $198M | $168M | $108M | 17.9% | 82.9% |
| Gross Margin | 78.9% | 74.0% | 54.6% | 4.9pp | 24.2pp |
| Net Margin | 31.9% | 29.1% | 19.4% | 2.8pp | 12.5pp |
| EPS (Diluted) | $1.38 | $1.14 | $0.83 | 21.1% | 65.3% |
| Free Cash Flow | $377M | $37M | $898M | 919.6% | -58.0% |
| Item | Amount |
|---|---|
| REVENUE | $499M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $394M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $174M |
| SG&A Expenses | $174M |
| Other Expenses | $22M |
| Operating Expenses | $196M |
| Cost & Expenses | $302M |
| OPERATING INCOME | $198M |
| Interest Income | $332M |
| Interest Expense | $73M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$5M |
| NET INCOME | $159M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159M |
| D&A | $20M |
| EBIT | $198M |
| EBITDA | $218M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $499M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $394M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $174M |
| SG&A Expenses | $174M |
| Other Expenses | $22M |
| Operating Expenses | $196M |
| Cost & Expenses | $302M |
| OPERATING INCOME | $198M |
| Interest Income | $332M |
| Interest Expense | $73M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$5M |
| NET INCOME | $159M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159M |
| D&A | $20M |
| EBIT | $198M |
| EBITDA | $218M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $160M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | $242M |
| OPERATING CASH FLOW | $396M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$180M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$200M |
| Net Debt Issuance | $769.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $377M |
| Net Change in Cash | $238M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.7B |
| Short-Term Investments | $5.3B |
| Net Receivables | $785M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $11.8B |
| PP&E (Net) | $230M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $13.7B |
| Tax Assets | $76M |
| Other Non-Current Assets | $629M |
| TOTAL NON-CURRENT ASSETS | $15.0B |
| TOTAL ASSETS | $26.8B |
| Account Payables | $110M |
| Short-Term Debt | $450M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.4B |
| TOTAL CURRENT LIABILITIES | $15.0B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $213M |
| Deferred Tax Liabilities | $470.6K |
| Other Non-Current Liabilities | $6.0B |
| TOTAL NON-CURRENT LIABILITIES | $9.0B |
| TOTAL LIABILITIES | $23.9B |
| Common Stock | $301M |
| Additional Paid-In Capital | $154M |
| Retained Earnings | $773M |
| Treasury Stock | -$959.7K |
| Accum. Other Comp. Income | $1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $14M |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $26.8B |
| Total Debt | $3.2B |
| Net Debt | -$2.5B |
