| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $436M | $462M | $352M | -5.7% | 23.9% |
| Op. Income | $74M | $102M | $63M | -27.6% | 16.1% |
| Gross Margin | 78.2% | 80.6% | 77.5% | -2.5pp | 0.7pp |
| Net Margin | 11.8% | 23.7% | 9.9% | -11.9pp | 1.9pp |
| EPS (Diluted) | $0.43 | $0.92 | $0.30 | -53.3% | 43.3% |
| Free Cash Flow | $85M | $116M | $88M | -27.2% | -4.2% |
| Item | Amount |
|---|---|
| REVENUE | $436M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $341M |
| R&D Expenses | $78M |
| Selling & Marketing | $134M |
| General & Administrative | $47M |
| SG&A Expenses | $181M |
| Other Expenses | $7M |
| Operating Expenses | $267M |
| Cost & Expenses | $362M |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $32M |
| EBIT | $72M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $436M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $341M |
| R&D Expenses | $78M |
| Selling & Marketing | $134M |
| General & Administrative | $47M |
| SG&A Expenses | $181M |
| Other Expenses | $7M |
| Operating Expenses | $267M |
| Cost & Expenses | $362M |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $32M |
| EBIT | $72M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$388.0K |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $88M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$581.0K |
| Purchases of Investments | -$488.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | $85M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $366M |
| Short-Term Investments | $0 |
| Net Receivables | $433M |
| Inventory | $0 |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $918M |
| PP&E (Net) | $241M |
| Goodwill | $2.2B |
| Intangible Assets | $395M |
| Long-Term Investments | $0 |
| Tax Assets | $178M |
| Other Non-Current Assets | $277M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $461M |
| Other Current Liabilities | $112M |
| TOTAL CURRENT LIABILITIES | $746M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $13M |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $122M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$93M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.7B |
| Net Debt | $1.3B |
