| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $575M | $586M | $495M | -1.9% | 16.2% |
| Op. Income | $236M | $249M | $208M | -5.2% | 13.3% |
| Gross Margin | 55.4% | 57.5% | 57.1% | -2.1pp | -1.6pp |
| Net Margin | 22.3% | 18.6% | 14.4% | 3.7pp | 7.9pp |
| EPS (Diluted) | $2.90 | $2.44 | $1.53 | 18.9% | 89.5% |
| Free Cash Flow | $344M | $357M | $253M | -3.8% | 36.1% |
| Item | Amount |
|---|---|
| REVENUE | $575M |
| Cost of Revenue | $256M |
| GROSS PROFIT | $319M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $83M |
| Operating Expenses | $83M |
| Cost & Expenses | $339M |
| OPERATING INCOME | $236M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | $253M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $208M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $128M |
| D&A | $13M |
| EBIT | $208M |
| EBITDA | $221M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $575M |
| Cost of Revenue | $256M |
| GROSS PROFIT | $319M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $83M |
| Operating Expenses | $83M |
| Cost & Expenses | $339M |
| OPERATING INCOME | $236M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | $253M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $208M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $128M |
| D&A | $13M |
| EBIT | $208M |
| EBITDA | $221M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $128M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$78M |
| Change in Working Capital | $250M |
| OPERATING CASH FLOW | $346M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$101M |
| Common Dividends Paid | -$400.0K |
| Other Financing Activities | $121M |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | $344M |
| Net Change in Cash | $350M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $76M |
| Net Receivables | $493M |
| Inventory | $0 |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $74M |
| Goodwill | $2.7B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $2.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $202M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $8.1B |
| Account Payables | $0 |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $556M |
| Retained Earnings | $4.4B |
| Treasury Stock | -$2.2B |
| Accum. Other Comp. Income | -$84M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $1.3B |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $8.1B |
| Total Debt | $2.7B |
| Net Debt | $1.6B |
