| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $877M | $845M | $1.3B | 3.9% | -32.9% |
| Op. Income | $340M | $280M | $728M | 21.5% | -53.4% |
| Gross Margin | 60.4% | 43.8% | 70.1% | 16.5pp | -9.8pp |
| Net Margin | 28.4% | 24.2% | 40.9% | 4.2pp | -12.5pp |
| EPS (Diluted) | $3.80 | $2.94 | $7.03 | 29.3% | -45.9% |
| Free Cash Flow | $1.4B | $2.6B | -$4.3B | -45.4% | 133.2% |
| Item | Amount |
|---|---|
| REVENUE | $877M |
| Cost of Revenue | $348M |
| GROSS PROFIT | $530M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $106M |
| SG&A Expenses | $118M |
| Other Expenses | $72M |
| Operating Expenses | $190M |
| Cost & Expenses | $538M |
| OPERATING INCOME | $340M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$72.0K |
| INCOME BEFORE TAX | $340M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $249M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $249M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $249M |
| D&A | $10M |
| EBIT | $340M |
| EBITDA | $350M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $877M |
| Cost of Revenue | $348M |
| GROSS PROFIT | $530M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $106M |
| SG&A Expenses | $118M |
| Other Expenses | $72M |
| Operating Expenses | $190M |
| Cost & Expenses | $538M |
| OPERATING INCOME | $340M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$72.0K |
| INCOME BEFORE TAX | $340M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $249M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $249M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $249M |
| D&A | $10M |
| EBIT | $340M |
| EBITDA | $350M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $249M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $75M |
| Other Non-Cash Items | $1.0B |
| Change in Working Capital | $70M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | -$126M |
| Sales/Maturities of Investments | -$1M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$156M |
| Net Debt Issuance | $505M |
| Common Stock Repurchased | -$257M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$1.4B |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | $152M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $476M |
| Short-Term Investments | $5M |
| Net Receivables | $14.1B |
| Inventory | $0 |
| Other Current Assets | $158M |
| TOTAL CURRENT ASSETS | $15.3B |
| PP&E (Net) | $117M |
| Goodwill | $0 |
| Intangible Assets | $3.7B |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $622M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $19.7B |
| Account Payables | $498M |
| Short-Term Debt | $6.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8.1B |
| Long-Term Debt | $8.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $8.2B |
| TOTAL LIABILITIES | $16.2B |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $372M |
| Retained Earnings | $3.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $19.7B |
| Total Debt | $15.0B |
| Net Debt | $14.5B |
