| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.2B | 3.8% | 3.3% |
| Op. Income | $376M | $463M | $341M | -18.8% | 10.3% |
| Gross Margin | 63.5% | 70.3% | 60.4% | -6.8pp | 3.1pp |
| Net Margin | 22.7% | 28.6% | 20.4% | -5.9pp | 2.3pp |
| EPS (Diluted) | $2.17 | $2.60 | $1.86 | -16.5% | 16.7% |
| Free Cash Flow | $509M | $574M | $425M | -11.3% | 19.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $463M |
| GROSS PROFIT | $806M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $274M |
| SG&A Expenses | $274M |
| Other Expenses | $156M |
| Operating Expenses | $430M |
| Cost & Expenses | $893M |
| OPERATING INCOME | $376M |
| Interest Income | $1.1B |
| Interest Expense | $237M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $376M |
| Income Tax Expense | $88M |
| Net Income from Continuing Ops | $288M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $288M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $288M |
| D&A | $70M |
| EBIT | $376M |
| EBITDA | $446M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $463M |
| GROSS PROFIT | $806M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $274M |
| SG&A Expenses | $274M |
| Other Expenses | $156M |
| Operating Expenses | $430M |
| Cost & Expenses | $893M |
| OPERATING INCOME | $376M |
| Interest Income | $1.1B |
| Interest Expense | $237M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $376M |
| Income Tax Expense | $88M |
| Net Income from Continuing Ops | $288M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $288M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $288M |
| D&A | $70M |
| EBIT | $376M |
| EBITDA | $446M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $288M |
| Depreciation & Amortization | $70M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | $212M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | $509M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$98M |
| Sales/Maturities of Investments | $87M |
| Other Investing Activities | -$858M |
| NET CASH FROM INVESTING | -$869M |
| Net Debt Issuance | $45M |
| Common Stock Repurchased | -$141M |
| Common Dividends Paid | -$557M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$654M |
| FREE CASH FLOW | $509M |
| Net Change in Cash | -$1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $821M |
| Short-Term Investments | $462M |
| Net Receivables | $282M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $0 |
| Goodwill | $1.4B |
| Intangible Assets | $278M |
| Long-Term Investments | $18.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $400M |
| TOTAL NON-CURRENT ASSETS | $20.4B |
| TOTAL ASSETS | $22.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $17.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $18.8B |
| TOTAL LIABILITIES | $18.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.6B |
| Treasury Stock | -$176M |
| Accum. Other Comp. Income | $77M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $22.0B |
| Total Debt | $17.7B |
| Net Debt | $16.8B |
