| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $308M | $323M | $292M | -4.7% | 5.3% |
| Op. Income | $114M | $107M | $83M | 6.0% | 36.5% |
| Gross Margin | 97.9% | 89.0% | 90.2% | 8.9pp | 7.7pp |
| Net Margin | 30.7% | 27.0% | 25.0% | 3.6pp | 5.7pp |
| EPS (Diluted) | $1.94 | $1.79 | $1.52 | 8.4% | 27.6% |
| Free Cash Flow | $180M | $52M | $102M | 246.5% | 76.1% |
| Item | Amount |
|---|---|
| REVENUE | $308M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $301M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $132M |
| SG&A Expenses | $136M |
| Other Expenses | $51M |
| Operating Expenses | $188M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $114M |
| Interest Income | $221M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $94M |
| D&A | $14M |
| EBIT | $114M |
| EBITDA | $128M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $308M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $301M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $132M |
| SG&A Expenses | $136M |
| Other Expenses | $51M |
| Operating Expenses | $188M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $114M |
| Interest Income | $221M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $94M |
| D&A | $14M |
| EBIT | $114M |
| EBITDA | $128M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $94M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | $91M |
| OPERATING CASH FLOW | $185M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $530M |
| Other Investing Activities | $532M |
| NET CASH FROM INVESTING | -$395M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$181.0K |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $905M |
| NET CASH FROM FINANCING | $887M |
| FREE CASH FLOW | $180M |
| Net Change in Cash | $677M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.2B |
| Short-Term Investments | $11.2B |
| Net Receivables | $318M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17.6B |
| PP&E (Net) | $273M |
| Goodwill | $175M |
| Intangible Assets | $16M |
| Long-Term Investments | $17.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $19.9B |
| TOTAL ASSETS | $37.6B |
| Account Payables | $0 |
| Short-Term Debt | $2.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $31.2B |
| TOTAL CURRENT LIABILITIES | $34.0B |
| Long-Term Debt | $271M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $185M |
| TOTAL NON-CURRENT LIABILITIES | $456M |
| TOTAL LIABILITIES | $34.4B |
| Common Stock | $55M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.1B |
| Treasury Stock | -$326M |
| Accum. Other Comp. Income | $164M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $37.6B |
| Total Debt | $2.8B |
| Net Debt | -$3.4B |
