| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $217M | $212M | $225M | 2.2% | -3.7% |
| Op. Income | $89M | $77M | $90M | 16.5% | -0.7% |
| Gross Margin | 97.3% | 97.4% | 93.5% | -0.1pp | 3.8pp |
| Net Margin | 33.1% | 29.6% | 34.7% | 3.5pp | -1.5pp |
| EPS (Diluted) | $0.43 | $0.38 | $0.47 | 13.2% | -8.5% |
| Free Cash Flow | $93M | $60M | $127M | 54.1% | -26.7% |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $211M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $87M |
| SG&A Expenses | $90M |
| Other Expenses | $31M |
| Operating Expenses | $121M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $89M |
| Interest Income | $162M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $9M |
| EBIT | $89M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $211M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $87M |
| SG&A Expenses | $90M |
| Other Expenses | $31M |
| Operating Expenses | $121M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $89M |
| Interest Income | $162M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $9M |
| EBIT | $89M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $72M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $99M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$758M |
| Sales/Maturities of Investments | $475M |
| Other Investing Activities | $216M |
| NET CASH FROM INVESTING | -$74M |
| Net Debt Issuance | -$777.0K |
| Common Stock Repurchased | -$408.0K |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $305M |
| NET CASH FROM FINANCING | $281M |
| FREE CASH FLOW | $93M |
| Net Change in Cash | $306M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $797M |
| Short-Term Investments | $7.0B |
| Net Receivables | $74M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.9B |
| PP&E (Net) | $546M |
| Goodwill | $1.0B |
| Intangible Assets | $37M |
| Long-Term Investments | $13.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $971M |
| TOTAL NON-CURRENT ASSETS | $16.1B |
| TOTAL ASSETS | $24.0B |
| Account Payables | $0 |
| Short-Term Debt | $375M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18.2B |
| TOTAL CURRENT LIABILITIES | $18.7B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $21.0B |
| Common Stock | $166M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $935M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $57M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $24.0B |
| Total Debt | $2.6B |
| Net Debt | $1.8B |
