| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.7B | — | 9.3% | — |
| Op. Income | $672M | $570M | — | 17.9% | — |
| Gross Margin | 60.7% | 59.4% | — | 1.2pp | — |
| Net Margin | 31.5% | 27.7% | — | 3.8pp | — |
| EPS (Diluted) | $3.66 | $2.94 | — | 24.5% | — |
| Free Cash Flow | $585M | $502M | — | 16.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $710M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $239M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $183M |
| Other Expenses | $0 |
| Operating Expenses | $422M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $672M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $640M |
| Income Tax Expense | $73M |
| Net Income from Continuing Ops | $567M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $567M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $567M |
| D&A | $84M |
| EBIT | $679M |
| EBITDA | $764M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $710M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $239M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $183M |
| Other Expenses | $0 |
| Operating Expenses | $422M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $672M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $640M |
| Income Tax Expense | $73M |
| Net Income from Continuing Ops | $567M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $567M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $567M |
| D&A | $84M |
| EBIT | $679M |
| EBITDA | $764M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $567M |
| Depreciation & Amortization | $84M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | -$151.0K |
| Other Non-Cash Items | $786.0K |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $646M |
| Capital Expenditure | -$61M |
| Acquisitions (Net) | $17M |
| Purchases of Investments | -$352M |
| Sales/Maturities of Investments | $219M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$177M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$273M |
| Common Dividends Paid | -$139M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$439M |
| FREE CASH FLOW | $585M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $991M |
| Net Receivables | $1.4B |
| Inventory | $1.5B |
| Other Current Assets | $97M |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $730M |
| Goodwill | $2.0B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $0 |
| Tax Assets | $241M |
| Other Non-Current Assets | $314M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $9.9B |
| Account Payables | $295M |
| Short-Term Debt | $20M |
| Deferred Revenue | $808M |
| Other Current Liabilities | $608M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $87M |
| Deferred Tax Liabilities | $630M |
| Other Non-Current Liabilities | $587M |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $2.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$70M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | -$2M |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $9.9B |
| Total Debt | $3.5B |
| Net Debt | $2.1B |
