| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $901M | $945M | $792M | -4.6% | 13.8% |
| Op. Income | $148M | $145M | $102M | 1.9% | 44.6% |
| Gross Margin | 56.0% | 55.6% | 55.5% | 0.4pp | 0.5pp |
| Net Margin | 13.8% | 14.7% | 10.7% | -0.9pp | 3.1pp |
| EPS (Diluted) | $0.49 | $0.55 | $0.34 | -10.9% | 44.1% |
| Free Cash Flow | $156M | $190M | $165M | -17.6% | -5.2% |
| Item | Amount |
|---|---|
| REVENUE | $901M |
| Cost of Revenue | $397M |
| GROSS PROFIT | $505M |
| R&D Expenses | $133M |
| Selling & Marketing | $126M |
| General & Administrative | $85M |
| SG&A Expenses | $211M |
| Other Expenses | $14M |
| Operating Expenses | $357M |
| Cost & Expenses | $754M |
| OPERATING INCOME | $148M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $157M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $44M |
| EBIT | $173M |
| EBITDA | $217M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $901M |
| Cost of Revenue | $397M |
| GROSS PROFIT | $505M |
| R&D Expenses | $133M |
| Selling & Marketing | $126M |
| General & Administrative | $85M |
| SG&A Expenses | $211M |
| Other Expenses | $14M |
| Operating Expenses | $357M |
| Cost & Expenses | $754M |
| OPERATING INCOME | $148M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $157M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $44M |
| EBIT | $173M |
| EBITDA | $217M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $124M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $166M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $21M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | -$58M |
| Common Stock Repurchased | -$83M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | -$140M |
| FREE CASH FLOW | $156M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $513M |
| Short-Term Investments | $0 |
| Net Receivables | $581M |
| Inventory | $323M |
| Other Current Assets | $143M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $376M |
| Goodwill | $3.8B |
| Intangible Assets | $474M |
| Long-Term Investments | $0 |
| Tax Assets | $496M |
| Other Non-Current Assets | $274M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $193M |
| Short-Term Debt | $29M |
| Deferred Revenue | $512M |
| Other Current Liabilities | $407M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $77M |
| Deferred Tax Liabilities | $278M |
| Other Non-Current Liabilities | $204M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$141M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $1.5B |
| Net Debt | $937M |
