| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $265M | $358M | $149M | -25.8% | 78.6% |
| Op. Income | $53M | $123M | $40M | -57.0% | 31.3% |
| Gross Margin | 73.1% | 76.5% | 70.8% | -3.4pp | 2.3pp |
| Net Margin | 13.3% | 25.1% | 16.0% | -11.9pp | -2.7pp |
| EPS (Diluted) | $0.21 | $0.54 | $0.13 | -61.1% | 61.5% |
| Free Cash Flow | $39M | -$97M | $6M | 140.4% | 565.4% |
| Item | Amount |
|---|---|
| REVENUE | $265M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $194M |
| R&D Expenses | $5M |
| Selling & Marketing | $117M |
| General & Administrative | $19M |
| SG&A Expenses | $136M |
| Other Expenses | $0 |
| Operating Expenses | $141M |
| Cost & Expenses | $212M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $4M |
| EBIT | $49M |
| EBITDA | $54M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $265M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $194M |
| R&D Expenses | $5M |
| Selling & Marketing | $117M |
| General & Administrative | $19M |
| SG&A Expenses | $136M |
| Other Expenses | $0 |
| Operating Expenses | $141M |
| Cost & Expenses | $212M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $4M |
| EBIT | $49M |
| EBITDA | $54M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$24M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $145M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$37M |
| NET CASH FROM FINANCING | $108M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | $123M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $369M |
| Short-Term Investments | $0 |
| Net Receivables | $217M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $591M |
| PP&E (Net) | $54M |
| Goodwill | $50M |
| Intangible Assets | $53M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $686M |
| TOTAL NON-CURRENT ASSETS | $843M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $35M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $52M |
| TOTAL CURRENT LIABILITIES | $115M |
| Long-Term Debt | $461M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $139M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $648M |
| TOTAL LIABILITIES | $764M |
| Common Stock | $2M |
| Additional Paid-In Capital | $544M |
| Retained Earnings | $125M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $415.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $671M |
| Minority Interest | $0 |
| TOTAL EQUITY | $671M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $503M |
| Net Debt | $134M |
