| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | $3.5B | $3.3B | -3.3% | 3.4% |
| Op. Income | $428M | $433M | $275M | -1.0% | 55.6% |
| Gross Margin | 48.3% | 48.8% | 44.4% | -0.5pp | 3.8pp |
| Net Margin | 10.5% | 10.2% | 7.1% | 0.3pp | 3.4pp |
| EPS (Diluted) | $1.32 | $1.32 | $0.85 | 0.0% | 55.3% |
| Free Cash Flow | $910M | $970M | $1.0B | -6.1% | -11.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $28M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $428M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $428M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $364M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $360M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $360M |
| D&A | $0 |
| EBIT | $428M |
| EBITDA | $428M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $28M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $428M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $428M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $364M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $360M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $360M |
| D&A | $0 |
| EBIT | $428M |
| EBITDA | $428M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $360M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $614M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $973M |
| Capital Expenditure | -$63M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$3.5B |
| Sales/Maturities of Investments | $2.8B |
| Other Investing Activities | -$1.1B |
| NET CASH FROM INVESTING | -$1.9B |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | -$204M |
| Common Dividends Paid | -$168M |
| Other Financing Activities | $2.1B |
| NET CASH FROM FINANCING | $1.7B |
| FREE CASH FLOW | $910M |
| Net Change in Cash | $728M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.1B |
| Short-Term Investments | $76.6B |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | -$81.4B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $1.1B |
| Goodwill | $1.6B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $79.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$83.7B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $298.9B |
| Account Payables | $0 |
| Short-Term Debt | $74M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$83M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $4.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | -$6.6B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $282.4B |
| Common Stock | $5M |
| Additional Paid-In Capital | $10.4B |
| Retained Earnings | $12.6B |
| Treasury Stock | -$8.6B |
| Accum. Other Comp. Income | $1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.1B |
| Minority Interest | $402M |
| TOTAL EQUITY | $16.5B |
| TOTAL LIABILITIES & EQUITY | $298.9B |
| Total Debt | $4.4B |
| Net Debt | $1.2B |
