| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $869M | 3.3% | 26.0% |
| Op. Income | $299M | $222M | $153M | 35.0% | 95.5% |
| Gross Margin | 49.1% | 46.4% | 42.4% | 2.8pp | 6.8pp |
| Net Margin | 18.4% | 12.9% | 18.6% | 5.4pp | -0.2pp |
| EPS (Diluted) | $1.74 | $1.18 | $1.36 | 47.5% | 27.9% |
| Free Cash Flow | $368M | $237M | $260M | 54.8% | 41.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $557M |
| GROSS PROFIT | $538M |
| R&D Expenses | $137M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $93M |
| Other Expenses | $9M |
| Operating Expenses | $239M |
| Cost & Expenses | $796M |
| OPERATING INCOME | $299M |
| Interest Income | $467.0K |
| Interest Expense | $17M |
| Other Income/Expenses | -$76M |
| INCOME BEFORE TAX | $224M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $201M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $201M |
| D&A | $125M |
| EBIT | $241M |
| EBITDA | $366M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $557M |
| GROSS PROFIT | $538M |
| R&D Expenses | $137M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $93M |
| Other Expenses | $9M |
| Operating Expenses | $239M |
| Cost & Expenses | $796M |
| OPERATING INCOME | $299M |
| Interest Income | $467.0K |
| Interest Expense | $17M |
| Other Income/Expenses | -$76M |
| INCOME BEFORE TAX | $224M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $201M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $201M |
| D&A | $125M |
| EBIT | $241M |
| EBITDA | $366M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $201M |
| Depreciation & Amortization | $125M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $69M |
| Change in Working Capital | -$658.0K |
| OPERATING CASH FLOW | $404M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $451.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$987M |
| Common Stock Repurchased | -$160M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $368M |
| Net Change in Cash | -$766M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $520M |
| Inventory | $479M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $1.2B |
| Goodwill | $2.7B |
| Intangible Assets | $656M |
| Long-Term Investments | $31M |
| Tax Assets | $0 |
| Other Non-Current Assets | $148M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $302M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $93M |
| TOTAL CURRENT LIABILITIES | $614M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $180M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $4.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $193M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $47M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $1.7B |
| Net Debt | $514M |
