| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $445M | $447M | $380M | -0.4% | 17.0% |
| Op. Income | $229M | $222M | $221M | 2.9% | 3.4% |
| Gross Margin | 93.8% | 91.7% | 93.7% | 2.1pp | 0.1pp |
| Net Margin | 36.6% | 38.7% | 45.0% | -2.1pp | -8.5pp |
| EPS (Diluted) | $3.42 | $3.65 | $3.84 | -6.3% | -10.9% |
| Free Cash Flow | $162M | $132M | $235M | 23.0% | -31.0% |
| Item | Amount |
|---|---|
| REVENUE | $445M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $417M |
| R&D Expenses | $79M |
| Selling & Marketing | $17M |
| General & Administrative | $92M |
| SG&A Expenses | $109M |
| Other Expenses | $0 |
| Operating Expenses | $188M |
| Cost & Expenses | $216M |
| OPERATING INCOME | $229M |
| Interest Income | $4M |
| Interest Expense | $5M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $204M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $163M |
| D&A | $12M |
| EBIT | $209M |
| EBITDA | $221M |
| EPS | $4 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $445M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $417M |
| R&D Expenses | $79M |
| Selling & Marketing | $17M |
| General & Administrative | $92M |
| SG&A Expenses | $109M |
| Other Expenses | $0 |
| Operating Expenses | $188M |
| Cost & Expenses | $216M |
| OPERATING INCOME | $229M |
| Interest Income | $4M |
| Interest Expense | $5M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $204M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $163M |
| D&A | $12M |
| EBIT | $209M |
| EBITDA | $221M |
| EPS | $4 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $163M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $32M |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | $186M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$529M |
| Sales/Maturities of Investments | $309M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$236M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$200.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | $162M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $909M |
| Short-Term Investments | $1.1B |
| Net Receivables | $213M |
| Inventory | $97M |
| Other Current Assets | $76M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $727M |
| Goodwill | $28M |
| Intangible Assets | $17M |
| Long-Term Investments | $1.5B |
| Tax Assets | $274M |
| Other Non-Current Assets | $109M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $211M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $110M |
| TOTAL CURRENT LIABILITIES | $320M |
| Long-Term Debt | $800M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $99M |
| TOTAL NON-CURRENT LIABILITIES | $899M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $4.2B |
| Treasury Stock | -$2.6B |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $800M |
| Net Debt | -$109M |
