| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $169M | $166M | $150M | 1.8% | 13.0% |
| Op. Income | $42M | $39M | $35M | 7.8% | 21.2% |
| Gross Margin | 56.6% | 56.2% | 55.0% | 0.4pp | 1.6pp |
| Net Margin | 21.7% | 18.4% | 16.7% | 3.2pp | 5.0pp |
| EPS (Diluted) | $0.57 | $0.48 | $0.39 | 18.7% | 46.2% |
| Free Cash Flow | $59M | $45M | $42M | 30.7% | 38.8% |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $96M |
| R&D Expenses | $23M |
| Selling & Marketing | $14M |
| General & Administrative | $16M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$42.0K |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $2M |
| EBIT | $42M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $96M |
| R&D Expenses | $23M |
| Selling & Marketing | $14M |
| General & Administrative | $16M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$42.0K |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $2M |
| EBIT | $42M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $94.0K |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$987.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$987.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$21M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | $37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $246M |
| Short-Term Investments | $0 |
| Net Receivables | $115M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $386M |
| PP&E (Net) | $42M |
| Goodwill | $62M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $129M |
| TOTAL ASSETS | $514M |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $136M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $233M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $43M |
| TOTAL LIABILITIES | $276M |
| Common Stock | $633.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $258M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $239M |
| Minority Interest | $0 |
| TOTAL EQUITY | $239M |
| TOTAL LIABILITIES & EQUITY | $514M |
| Total Debt | $24M |
| Net Debt | -$223M |
