| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $286M | $288M | $309M | -0.6% | -7.4% |
| Op. Income | $163M | $166M | $165M | -1.4% | -1.0% |
| Gross Margin | 95.9% | 94.6% | 88.9% | 1.3pp | 7.0pp |
| Net Margin | 45.0% | 45.4% | 42.1% | -0.4pp | 2.8pp |
| EPS (Diluted) | $1.39 | $1.41 | $1.40 | -1.4% | -0.7% |
| Free Cash Flow | $181M | $201M | $54M | -10.0% | 236.5% |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $274M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $78M |
| SG&A Expenses | $78M |
| Other Expenses | $32M |
| Operating Expenses | $111M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $163M |
| Interest Income | $260M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $163M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $129M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $129M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $129M |
| D&A | $7M |
| EBIT | $163M |
| EBITDA | $171M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $274M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $78M |
| SG&A Expenses | $78M |
| Other Expenses | $32M |
| Operating Expenses | $111M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $163M |
| Interest Income | $260M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $163M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $129M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $129M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $129M |
| D&A | $7M |
| EBIT | $163M |
| EBITDA | $171M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $129M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $38M |
| OPERATING CASH FLOW | $184M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8.2B |
| Sales/Maturities of Investments | $7.4B |
| Other Investing Activities | $287M |
| NET CASH FROM INVESTING | -$441M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$52M |
| Common Dividends Paid | -$45M |
| Other Financing Activities | $350M |
| NET CASH FROM FINANCING | $252M |
| FREE CASH FLOW | $181M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $581M |
| Net Receivables | $72M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $323M |
| Goodwill | $3.2B |
| Intangible Assets | $65M |
| Long-Term Investments | $30.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $466M |
| TOTAL NON-CURRENT ASSETS | $34.8B |
| TOTAL ASSETS | $36.5B |
| Account Payables | $1M |
| Short-Term Debt | $441M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29.5B |
| TOTAL CURRENT LIABILITIES | $29.9B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $273M |
| TOTAL NON-CURRENT LIABILITIES | $273M |
| TOTAL LIABILITIES | $30.2B |
| Common Stock | $92M |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $2.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.3B |
| TOTAL LIABILITIES & EQUITY | $36.5B |
| Total Debt | $441M |
| Net Debt | -$614M |
