| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.2B | $2.0B | 1.8% | 8.5% |
| Op. Income | $628M | $658M | $478M | -4.6% | 31.4% |
| Gross Margin | 51.4% | 50.4% | 50.4% | 1.0pp | 1.0pp |
| Net Margin | 15.6% | 20.1% | 13.4% | -4.5pp | 2.2pp |
| EPS (Diluted) | $0.80 | $1.00 | $0.60 | -20.0% | 33.3% |
| Free Cash Flow | $363M | $550M | $362M | -34.0% | 0.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $68M |
| Selling & Marketing | $269M |
| General & Administrative | $125M |
| SG&A Expenses | $394M |
| Other Expenses | $40M |
| Operating Expenses | $502M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $628M |
| Interest Income | $0 |
| Interest Expense | $111M |
| Other Income/Expenses | -$195M |
| INCOME BEFORE TAX | $433M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $343M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $343M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $345M |
| D&A | $154M |
| EBIT | $544M |
| EBITDA | $698M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $68M |
| Selling & Marketing | $269M |
| General & Administrative | $125M |
| SG&A Expenses | $394M |
| Other Expenses | $40M |
| Operating Expenses | $502M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $628M |
| Interest Income | $0 |
| Interest Expense | $111M |
| Other Income/Expenses | -$195M |
| INCOME BEFORE TAX | $433M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $343M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $343M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $345M |
| D&A | $154M |
| EBIT | $544M |
| EBITDA | $698M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $343M |
| Depreciation & Amortization | $153M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $64M |
| Other Non-Cash Items | -$76M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $443M |
| Capital Expenditure | -$80M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $225M |
| NET CASH FROM INVESTING | $140M |
| Net Debt Issuance | -$1.1B |
| Common Stock Repurchased | -$318M |
| Common Dividends Paid | -$59M |
| Other Financing Activities | -$64M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $363M |
| Net Change in Cash | -$960M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $164M |
| Short-Term Investments | $0 |
| Net Receivables | $652M |
| Inventory | $4M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $1.8B |
| Goodwill | $3.1B |
| Intangible Assets | $3.2B |
| Long-Term Investments | $0 |
| Tax Assets | $111M |
| Other Non-Current Assets | $755M |
| TOTAL NON-CURRENT ASSETS | $9.1B |
| TOTAL ASSETS | $10.1B |
| Account Payables | $1.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.5B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $8.8B |
| Deferred Revenue NC | $103M |
| Deferred Tax Liabilities | $368M |
| Other Non-Current Liabilities | $151M |
| TOTAL NON-CURRENT LIABILITIES | $9.8B |
| TOTAL LIABILITIES | $12.6B |
| Common Stock | $4M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.6B |
| Treasury Stock | -$13M |
| Accum. Other Comp. Income | $17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2.6B |
| TOTAL LIABILITIES & EQUITY | $10.1B |
| Total Debt | $9.2B |
| Net Debt | $9.1B |
