| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.0B | 2.0% | 23.2% |
| Op. Income | $284M | $235M | $182M | 20.9% | 56.0% |
| Gross Margin | 63.2% | 60.4% | 59.9% | 2.9pp | 3.3pp |
| Net Margin | 20.4% | 15.2% | 17.4% | 5.2pp | 3.0pp |
| EPS (Diluted) | $1.36 | $0.99 | $0.93 | 37.4% | 46.2% |
| Free Cash Flow | $217M | $369M | $151M | -41.2% | 43.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $458M |
| GROSS PROFIT | $788M |
| R&D Expenses | $207M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $302M |
| Other Expenses | -$5M |
| Operating Expenses | $504M |
| Cost & Expenses | $962M |
| OPERATING INCOME | $284M |
| Interest Income | $1M |
| Interest Expense | $20M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $270M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $254M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $254M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $254M |
| D&A | $64M |
| EBIT | $290M |
| EBITDA | $354M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $458M |
| GROSS PROFIT | $788M |
| R&D Expenses | $207M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $302M |
| Other Expenses | -$5M |
| Operating Expenses | $504M |
| Cost & Expenses | $962M |
| OPERATING INCOME | $284M |
| Interest Income | $1M |
| Interest Expense | $20M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $270M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $254M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $254M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $254M |
| D&A | $64M |
| EBIT | $290M |
| EBITDA | $354M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $254M |
| Depreciation & Amortization | $64M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$31M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$55M |
| OPERATING CASH FLOW | $257M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$80M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $29M |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | $217M |
| Net Change in Cash | $161M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $0 |
| Net Receivables | $677M |
| Inventory | $770M |
| Other Current Assets | $229M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $847M |
| Goodwill | $1.6B |
| Intangible Assets | $283M |
| Long-Term Investments | $68M |
| Tax Assets | $739M |
| Other Non-Current Assets | $428M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $7.8B |
| Account Payables | $249M |
| Short-Term Debt | $0 |
| Deferred Revenue | $476M |
| Other Current Liabilities | $294M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $179M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $689M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $3.1B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$528M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $7.8B |
| Total Debt | $2.0B |
| Net Debt | -$125M |
