| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $424M | $340M | $150M | 24.7% | 182.0% |
| Op. Income | $120M | $83M | $11M | 44.9% | 997.9% |
| Gross Margin | 46.1% | 43.7% | 46.1% | 2.5pp | -0.0pp |
| Net Margin | 26.8% | 21.0% | 7.4% | 5.8pp | 19.4pp |
| EPS (Diluted) | $1.79 | $1.13 | $0.18 | 58.4% | 894.4% |
| Free Cash Flow | $83M | $23M | $20M | 260.0% | 306.5% |
| Item | Amount |
|---|---|
| REVENUE | $424M |
| Cost of Revenue | $229M |
| GROSS PROFIT | $196M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $304M |
| OPERATING INCOME | $120M |
| Interest Income | $564.0K |
| Interest Expense | $41.0K |
| Other Income/Expenses | $523.0K |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $5M |
| EBIT | $121M |
| EBITDA | $126M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $424M |
| Cost of Revenue | $229M |
| GROSS PROFIT | $196M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $304M |
| OPERATING INCOME | $120M |
| Interest Income | $564.0K |
| Interest Expense | $41.0K |
| Other Income/Expenses | $523.0K |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $5M |
| EBIT | $121M |
| EBITDA | $126M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $114M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $91M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$89M |
| Sales/Maturities of Investments | $149M |
| Other Investing Activities | $70.0K |
| NET CASH FROM INVESTING | $52M |
| Net Debt Issuance | -$89.0K |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $83M |
| Net Change in Cash | $131M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $388M |
| Short-Term Investments | $247M |
| Net Receivables | $369M |
| Inventory | $153M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $86M |
| Goodwill | $74M |
| Intangible Assets | $45M |
| Long-Term Investments | $6M |
| Tax Assets | $17M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $230M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $144M |
| Short-Term Debt | $0 |
| Deferred Revenue | $64M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $308M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $80M |
| TOTAL NON-CURRENT LIABILITIES | $128M |
| TOTAL LIABILITIES | $437M |
| Common Stock | $546M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $824M |
| Treasury Stock | -$397M |
| Accum. Other Comp. Income | $340.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $973M |
| Minority Interest | $0 |
| TOTAL EQUITY | $973M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $21M |
| Net Debt | -$367M |
