| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $485M | $476M | $425M | 2.0% | 14.2% |
| Op. Income | $141M | $136M | $111M | 3.8% | 26.8% |
| Gross Margin | 56.1% | 56.9% | 56.0% | -0.8pp | 0.1pp |
| Net Margin | 28.4% | 28.1% | 26.1% | 0.3pp | 2.3pp |
| EPS (Diluted) | $0.97 | $0.93 | $0.75 | 4.3% | 29.3% |
| Free Cash Flow | $145M | $171M | $118M | -15.6% | 23.0% |
| Item | Amount |
|---|---|
| REVENUE | $485M |
| Cost of Revenue | $213M |
| GROSS PROFIT | $272M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $67M |
| SG&A Expenses | $67M |
| Other Expenses | $64M |
| Operating Expenses | $131M |
| Cost & Expenses | $344M |
| OPERATING INCOME | $141M |
| Interest Income | $892.0K |
| Interest Expense | $101.0K |
| Other Income/Expenses | $35M |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138M |
| D&A | $23M |
| EBIT | $141M |
| EBITDA | $164M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $485M |
| Cost of Revenue | $213M |
| GROSS PROFIT | $272M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $67M |
| SG&A Expenses | $67M |
| Other Expenses | $64M |
| Operating Expenses | $131M |
| Cost & Expenses | $344M |
| OPERATING INCOME | $141M |
| Interest Income | $892.0K |
| Interest Expense | $101.0K |
| Other Income/Expenses | $35M |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138M |
| D&A | $23M |
| EBIT | $141M |
| EBITDA | $164M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $138M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $230.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $159M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$87M |
| Sales/Maturities of Investments | $70M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$118M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$109M |
| FREE CASH FLOW | $145M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $794M |
| Short-Term Investments | $32M |
| Net Receivables | $502M |
| Inventory | $0 |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $219M |
| Goodwill | $64M |
| Intangible Assets | $282M |
| Long-Term Investments | $187M |
| Tax Assets | $2M |
| Other Non-Current Assets | $66M |
| TOTAL NON-CURRENT ASSETS | $821M |
| TOTAL ASSETS | $2.2B |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $99M |
| TOTAL CURRENT LIABILITIES | $253M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $47M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $100M |
| TOTAL LIABILITIES | $354M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $629M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $40M |
| Net Debt | -$754M |
