| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $358M | $347M | $410M | 3.4% | -12.6% |
| Op. Income | $154M | $128M | $118M | 20.4% | 29.7% |
| Gross Margin | 107.7% | 112.8% | 86.7% | -5.2pp | 21.0pp |
| Net Margin | 34.3% | 28.6% | 23.2% | 5.7pp | 11.0pp |
| EPS (Diluted) | $1.74 | $1.39 | $1.34 | 25.2% | 29.9% |
| Free Cash Flow | $172M | -$63M | $282M | 374.1% | -39.1% |
| Item | Amount |
|---|---|
| REVENUE | $358M |
| Cost of Revenue | -$27M |
| GROSS PROFIT | $386M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $166M |
| SG&A Expenses | $168M |
| Other Expenses | $64M |
| Operating Expenses | $232M |
| Cost & Expenses | $205M |
| OPERATING INCOME | $154M |
| Interest Income | $271M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $16M |
| EBIT | $154M |
| EBITDA | $169M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $358M |
| Cost of Revenue | -$27M |
| GROSS PROFIT | $386M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $166M |
| SG&A Expenses | $168M |
| Other Expenses | $64M |
| Operating Expenses | $232M |
| Cost & Expenses | $205M |
| OPERATING INCOME | $154M |
| Interest Income | $271M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $16M |
| EBIT | $154M |
| EBITDA | $169M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $123M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $25M |
| Other Non-Cash Items | -$111M |
| Change in Working Capital | $120M |
| OPERATING CASH FLOW | $179M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $360M |
| Other Investing Activities | $255M |
| NET CASH FROM INVESTING | -$508M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$36M |
| Common Dividends Paid | -$34M |
| Other Financing Activities | $318M |
| NET CASH FROM FINANCING | $223M |
| FREE CASH FLOW | $172M |
| Net Change in Cash | -$106M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $970M |
| Short-Term Investments | $4.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.6B |
| PP&E (Net) | $570M |
| Goodwill | $1.6B |
| Intangible Assets | $198M |
| Long-Term Investments | $26.0B |
| Tax Assets | $20M |
| Other Non-Current Assets | $6.9B |
| TOTAL NON-CURRENT ASSETS | $35.3B |
| TOTAL ASSETS | $40.9B |
| Account Payables | $0 |
| Short-Term Debt | $860M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $33.6B |
| TOTAL CURRENT LIABILITIES | $34.4B |
| Long-Term Debt | $327M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $36.1B |
| Common Stock | $175M |
| Additional Paid-In Capital | $3.7B |
| Retained Earnings | $925M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$520.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $40.9B |
| Total Debt | $1.2B |
| Net Debt | $217M |
