| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $460M | $404M | $286M | 13.8% | 60.9% |
| Op. Income | $60M | $56M | $50M | 6.2% | 20.1% |
| Gross Margin | 39.6% | 42.2% | 48.3% | -2.6pp | -8.8pp |
| Net Margin | 9.6% | 6.3% | 13.7% | 3.3pp | -4.1pp |
| EPS (Diluted) | $1.04 | $0.61 | $0.94 | 70.5% | 10.6% |
| Free Cash Flow | $193M | -$33M | $165M | 676.0% | 16.6% |
| Item | Amount |
|---|---|
| REVENUE | $460M |
| Cost of Revenue | $278M |
| GROSS PROFIT | $182M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $99M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $400M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $40M |
| EBIT | $57M |
| EBITDA | $96M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $460M |
| Cost of Revenue | $278M |
| GROSS PROFIT | $182M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $99M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $400M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $40M |
| EBIT | $57M |
| EBITDA | $96M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $101M |
| OPERATING CASH FLOW | $205M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$89M |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $424.0K |
| NET CASH FROM INVESTING | -$86M |
| Net Debt Issuance | -$123M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$102M |
| FREE CASH FLOW | $193M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $234M |
| Short-Term Investments | $49M |
| Net Receivables | $542M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $878M |
| PP&E (Net) | $217M |
| Goodwill | $2.4B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $65M |
| Tax Assets | $0 |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $101M |
| Short-Term Debt | $30M |
| Deferred Revenue | $495M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $816M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $53.0K |
| Deferred Tax Liabilities | $228M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $481.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $1.2B |
| Treasury Stock | -$29M |
| Accum. Other Comp. Income | -$46.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $1.5B |
| Net Debt | $1.2B |
