| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $296M | $298M | $296M | -0.7% | -0.1% |
| Op. Income | $200M | $194M | $164M | 3.0% | 21.5% |
| Gross Margin | 91.9% | 89.2% | 85.1% | 2.7pp | 6.7pp |
| Net Margin | 53.4% | 51.4% | 44.2% | 2.0pp | 9.2pp |
| EPS (Diluted) | $0.46 | $0.44 | $0.38 | 4.5% | 21.1% |
| Free Cash Flow | $162M | $150M | $87M | 7.7% | 85.2% |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $272M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $72M |
| Operating Expenses | $72M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $200M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $200M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $162M |
| D&A | $17M |
| EBIT | $218M |
| EBITDA | $235M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $272M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $72M |
| Operating Expenses | $72M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $200M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $200M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $162M |
| D&A | $17M |
| EBIT | $218M |
| EBITDA | $235M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $158M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $163M |
| Capital Expenditure | -$983.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$238M |
| Sales/Maturities of Investments | $248M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$150M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | -$108.0K |
| NET CASH FROM FINANCING | -$177M |
| FREE CASH FLOW | $162M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $176M |
| Short-Term Investments | $6.9B |
| Net Receivables | $164M |
| Inventory | $0 |
| Other Current Assets | -$7.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $45M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7.0B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $7.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.2B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $371M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $3.1B |
| Treasury Stock | -$534M |
| Accum. Other Comp. Income | $148M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.9B |
| TOTAL LIABILITIES & EQUITY | $7.5B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
