| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.2B | 0.4% | 9.7% |
| Op. Income | $340M | $313M | $257M | 8.7% | 32.3% |
| Gross Margin | 49.4% | 47.3% | 45.4% | 2.1pp | 3.9pp |
| Net Margin | 14.6% | 15.1% | 13.8% | -0.5pp | 0.8pp |
| EPS (Diluted) | $0.69 | $0.71 | $0.60 | -2.8% | 15.0% |
| Free Cash Flow | $346M | $348M | $171M | -0.6% | 102.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $640M |
| GROSS PROFIT | $624M |
| R&D Expenses | $98M |
| Selling & Marketing | $96M |
| General & Administrative | $90M |
| SG&A Expenses | $186M |
| Other Expenses | $0 |
| Operating Expenses | $284M |
| Cost & Expenses | $924M |
| OPERATING INCOME | $340M |
| Interest Income | $0 |
| Interest Expense | $50M |
| Other Income/Expenses | -$95M |
| INCOME BEFORE TAX | $245M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $184M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $184M |
| D&A | $165M |
| EBIT | $296M |
| EBITDA | $460M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $640M |
| GROSS PROFIT | $624M |
| R&D Expenses | $98M |
| Selling & Marketing | $96M |
| General & Administrative | $90M |
| SG&A Expenses | $186M |
| Other Expenses | $0 |
| Operating Expenses | $284M |
| Cost & Expenses | $924M |
| OPERATING INCOME | $340M |
| Interest Income | $0 |
| Interest Expense | $50M |
| Other Income/Expenses | -$95M |
| INCOME BEFORE TAX | $245M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $184M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $184M |
| D&A | $165M |
| EBIT | $296M |
| EBITDA | $460M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $185M |
| Depreciation & Amortization | $165M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$35M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | $383M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | -$23M |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $26M |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | -$135M |
| Common Stock Repurchased | -$163M |
| Common Dividends Paid | -$41M |
| Other Financing Activities | -$354M |
| NET CASH FROM FINANCING | -$692M |
| FREE CASH FLOW | $346M |
| Net Change in Cash | -$353M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $351M |
| Short-Term Investments | $0 |
| Net Receivables | $3.2B |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $697M |
| Goodwill | $8.0B |
| Intangible Assets | $3.9B |
| Long-Term Investments | $399M |
| Tax Assets | $0 |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $13.2B |
| TOTAL ASSETS | $16.9B |
| Account Payables | $28M |
| Short-Term Debt | $91M |
| Deferred Revenue | $326M |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $6.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $841M |
| Other Non-Current Liabilities | $273M |
| TOTAL NON-CURRENT LIABILITIES | $7.4B |
| TOTAL LIABILITIES | $11.0B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.8B |
| Retained Earnings | $2.1B |
| Treasury Stock | -$784M |
| Accum. Other Comp. Income | -$246M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.9B |
| Minority Interest | $58M |
| TOTAL EQUITY | $5.9B |
| TOTAL LIABILITIES & EQUITY | $16.9B |
| Total Debt | $6.4B |
| Net Debt | $6.1B |
