| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $310M | $301M | $300M | 2.8% | 3.3% |
| Op. Income | $169M | $162M | $137M | 4.3% | 23.6% |
| Gross Margin | 91.4% | 90.4% | 80.2% | 0.9pp | 11.2pp |
| Net Margin | 44.1% | 43.8% | 36.9% | 0.4pp | 7.2pp |
| EPS (Diluted) | $1.75 | $1.69 | $1.42 | 3.6% | 23.2% |
| Free Cash Flow | $145M | $163M | $105M | -10.7% | 38.6% |
| Item | Amount |
|---|---|
| REVENUE | $310M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $283M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $112M |
| SG&A Expenses | $116M |
| Other Expenses | -$2M |
| Operating Expenses | $113M |
| Cost & Expenses | $140M |
| OPERATING INCOME | $169M |
| Interest Income | $261M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $169M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $137M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $137M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $13M |
| EBIT | $169M |
| EBITDA | $182M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $310M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $283M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $112M |
| SG&A Expenses | $116M |
| Other Expenses | -$2M |
| Operating Expenses | $113M |
| Cost & Expenses | $140M |
| OPERATING INCOME | $169M |
| Interest Income | $261M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $169M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $137M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $137M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $13M |
| EBIT | $169M |
| EBITDA | $182M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $137M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $152M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$566M |
| Sales/Maturities of Investments | $186M |
| Other Investing Activities | -$166M |
| NET CASH FROM INVESTING | -$551M |
| Net Debt Issuance | -$130M |
| Common Stock Repurchased | -$26.0K |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $1.1B |
| NET CASH FROM FINANCING | $975M |
| FREE CASH FLOW | $145M |
| Net Change in Cash | $575M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $4.6B |
| Net Receivables | $89M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.1B |
| PP&E (Net) | $289M |
| Goodwill | $1.8B |
| Intangible Assets | $36M |
| Long-Term Investments | $24.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $28.4B |
| TOTAL ASSETS | $36.5B |
| Account Payables | $12M |
| Short-Term Debt | $148M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29.4B |
| TOTAL CURRENT LIABILITIES | $29.5B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $371M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $31.3B |
| Common Stock | $76M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $111M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $36.5B |
| Total Debt | $1.6B |
| Net Debt | -$1.8B |
