| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $535M | $567M | $484M | -5.7% | 10.5% |
| Op. Income | $132M | $161M | $45M | -18.2% | 196.3% |
| Gross Margin | 63.1% | 65.1% | 66.3% | -2.0pp | -3.2pp |
| Net Margin | 24.9% | 21.3% | 3.5% | 3.6pp | 21.4pp |
| EPS (Diluted) | $0.57 | $0.52 | $0.07 | 9.6% | 714.3% |
| Free Cash Flow | $104M | $110M | -$50M | -5.3% | 307.6% |
| Item | Amount |
|---|---|
| REVENUE | $535M |
| Cost of Revenue | $198M |
| GROSS PROFIT | $337M |
| R&D Expenses | $48M |
| Selling & Marketing | $113M |
| General & Administrative | $30M |
| SG&A Expenses | $143M |
| Other Expenses | $14M |
| Operating Expenses | $205M |
| Cost & Expenses | $403M |
| OPERATING INCOME | $132M |
| Interest Income | $3M |
| Interest Expense | $15M |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | $151M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $53M |
| EBIT | $166M |
| EBITDA | $219M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $535M |
| Cost of Revenue | $198M |
| GROSS PROFIT | $337M |
| R&D Expenses | $48M |
| Selling & Marketing | $113M |
| General & Administrative | $30M |
| SG&A Expenses | $143M |
| Other Expenses | $14M |
| Operating Expenses | $205M |
| Cost & Expenses | $403M |
| OPERATING INCOME | $132M |
| Interest Income | $3M |
| Interest Expense | $15M |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | $151M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $53M |
| EBIT | $166M |
| EBITDA | $219M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $133M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $156M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$227M |
| Sales/Maturities of Investments | $54M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$219M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$82M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$76M |
| FREE CASH FLOW | $104M |
| Net Change in Cash | -$142M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $618M |
| Short-Term Investments | $340M |
| Net Receivables | $360M |
| Inventory | $336M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $612M |
| Goodwill | $2.4B |
| Intangible Assets | $639M |
| Long-Term Investments | $0 |
| Tax Assets | $83M |
| Other Non-Current Assets | $327M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $94M |
| Short-Term Debt | $372M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $369M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $1.7B |
| Treasury Stock | -$175M |
| Accum. Other Comp. Income | -$292M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $1.9B |
| Net Debt | $1.3B |
