| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.6B | $1.2B | 8.4% | 43.9% |
| Op. Income | $230M | $177M | $77M | 30.0% | 200.1% |
| Gross Margin | 42.4% | 42.1% | 39.3% | 0.3pp | 3.1pp |
| Net Margin | 10.0% | 9.4% | 6.4% | 0.5pp | 3.6pp |
| EPS (Diluted) | $1.53 | $1.33 | $0.67 | 15.0% | 128.4% |
| Free Cash Flow | $216M | $159M | $132M | 35.9% | 63.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $987M |
| GROSS PROFIT | $725M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $496M |
| Other Expenses | $0 |
| Operating Expenses | $496M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $230M |
| Interest Income | $238.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $228M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $171M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $171M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $171M |
| D&A | $13M |
| EBIT | $229M |
| EBITDA | $243M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $987M |
| GROSS PROFIT | $725M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $496M |
| Other Expenses | $0 |
| Operating Expenses | $496M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $230M |
| Interest Income | $238.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $228M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $171M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $171M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $171M |
| D&A | $13M |
| EBIT | $229M |
| EBITDA | $243M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $171M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$27M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $45M |
| OPERATING CASH FLOW | $225M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$60.0K |
| Common Stock Repurchased | -$67M |
| Common Dividends Paid | -$42M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$109M |
| FREE CASH FLOW | $216M |
| Net Change in Cash | $91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $634M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $508M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $325M |
| Goodwill | $223M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $146M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $698M |
| TOTAL ASSETS | $2.9B |
| Account Payables | $155M |
| Short-Term Debt | $80M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $61M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $188M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$103M |
| TOTAL NON-CURRENT LIABILITIES | $274M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $111.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $113M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $457M |
| Net Debt | -$177M |
