| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $286M | $290M | $292M | -1.2% | -2.0% |
| Op. Income | $171M | $196M | $138M | -12.6% | 23.5% |
| Gross Margin | 97.5% | 102.6% | 82.6% | -5.1pp | 14.9pp |
| Net Margin | 45.5% | 51.9% | 37.4% | -6.4pp | 8.1pp |
| EPS (Diluted) | $1.00 | $1.16 | $0.84 | -13.8% | 19.0% |
| Free Cash Flow | $110M | $91M | $131M | 21.2% | -16.0% |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $279M |
| R&D Expenses | $0 |
| Selling & Marketing | $719.0K |
| General & Administrative | $56M |
| SG&A Expenses | $57M |
| Other Expenses | $51M |
| Operating Expenses | $108M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $171M |
| Interest Income | $263M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $171M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $130M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $130M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $130M |
| D&A | $11M |
| EBIT | $171M |
| EBITDA | $182M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $279M |
| R&D Expenses | $0 |
| Selling & Marketing | $719.0K |
| General & Administrative | $56M |
| SG&A Expenses | $57M |
| Other Expenses | $51M |
| Operating Expenses | $108M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $171M |
| Interest Income | $263M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $171M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $130M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $130M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $130M |
| D&A | $11M |
| EBIT | $171M |
| EBITDA | $182M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $130M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $705.0K |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $113M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $869M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | $802M |
| Net Debt Issuance | $120M |
| Common Stock Repurchased | -$37M |
| Common Dividends Paid | -$37M |
| Other Financing Activities | -$603M |
| NET CASH FROM FINANCING | -$557M |
| FREE CASH FLOW | $110M |
| Net Change in Cash | $358M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $3.8B |
| Net Receivables | $84M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.7B |
| PP&E (Net) | $699M |
| Goodwill | $661M |
| Intangible Assets | $10M |
| Long-Term Investments | $18.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $992M |
| TOTAL NON-CURRENT ASSETS | $20.4B |
| TOTAL ASSETS | $26.1B |
| Account Payables | $199M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.1B |
| TOTAL CURRENT LIABILITIES | $20.3B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $61M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $21.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $2.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $3M |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $26.1B |
| Total Debt | $1.2B |
| Net Debt | -$558M |
