| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $296M | $273M | $214M | 8.7% | 38.7% |
| Op. Income | $29M | $29M | $10M | 1.6% | 189.5% |
| Gross Margin | 49.5% | 50.0% | 45.3% | -0.5pp | 4.2pp |
| Net Margin | 9.9% | 7.5% | 4.1% | 2.4pp | 5.8pp |
| EPS (Diluted) | $0.61 | $0.43 | $0.20 | 41.9% | 205.0% |
| Free Cash Flow | $36M | $66M | $27M | -45.0% | 35.3% |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $150M |
| GROSS PROFIT | $147M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $98M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $267M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $21M |
| EBIT | $29M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $150M |
| GROSS PROFIT | $147M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $98M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $267M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $21M |
| EBIT | $29M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$178M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$194M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | -$133M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $482M |
| Short-Term Investments | $11M |
| Net Receivables | $234M |
| Inventory | $104M |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $889M |
| PP&E (Net) | $114M |
| Goodwill | $616M |
| Intangible Assets | $318M |
| Long-Term Investments | $19M |
| Tax Assets | $16M |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $75M |
| Short-Term Debt | $0 |
| Deferred Revenue | $143M |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $339M |
| Long-Term Debt | $483M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $53M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $601M |
| TOTAL LIABILITIES | $940M |
| Common Stock | $54.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $355M |
| Treasury Stock | -$238M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $536M |
| Net Debt | $55M |
