| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $802M | — | $640M | — | 25.3% |
| Op. Income | $221M | — | $200M | — | 10.2% |
| Gross Margin | 71.0% | — | 73.5% | — | -2.4pp |
| Net Margin | 16.4% | — | 22.1% | — | -5.7pp |
| EPS (Diluted) | $0.43 | — | $0.47 | — | -8.5% |
| Free Cash Flow | $296M | — | $236M | — | 25.6% |
| Item | Amount |
|---|---|
| REVENUE | $802M |
| Cost of Revenue | $232M |
| GROSS PROFIT | $570M |
| R&D Expenses | $67M |
| Selling & Marketing | $153M |
| General & Administrative | $104M |
| SG&A Expenses | $257M |
| Other Expenses | $25M |
| Operating Expenses | $349M |
| Cost & Expenses | $581M |
| OPERATING INCOME | $221M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | $150M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $135M |
| D&A | $10M |
| EBIT | $181M |
| EBITDA | $191M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $802M |
| Cost of Revenue | $232M |
| GROSS PROFIT | $570M |
| R&D Expenses | $67M |
| Selling & Marketing | $153M |
| General & Administrative | $104M |
| SG&A Expenses | $257M |
| Other Expenses | $25M |
| Operating Expenses | $349M |
| Cost & Expenses | $581M |
| OPERATING INCOME | $221M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | $150M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $135M |
| D&A | $10M |
| EBIT | $181M |
| EBITDA | $191M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $131M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $40M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $57M |
| Change in Working Capital | $79M |
| OPERATING CASH FLOW | $316M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$22M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $281.0K |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $296M |
| Net Change in Cash | $275M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $511M |
| Short-Term Investments | $12M |
| Net Receivables | $383M |
| Inventory | $0 |
| Other Current Assets | $146M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $146M |
| Goodwill | $2.4B |
| Intangible Assets | $793M |
| Long-Term Investments | $0 |
| Tax Assets | $310M |
| Other Non-Current Assets | $165M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $267M |
| Other Current Liabilities | $121M |
| TOTAL CURRENT LIABILITIES | $748M |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $138M |
| Other Non-Current Liabilities | $220M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $277.0K |
| Additional Paid-In Capital | $8.1B |
| Retained Earnings | -$8.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$203M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$68M |
| Minority Interest | $9M |
| TOTAL EQUITY | -$59M |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $3.8B |
| Net Debt | $3.3B |
