| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $371M | $377M | $387M | -1.5% | -4.0% |
| Op. Income | $165M | $163M | $141M | 1.0% | 16.8% |
| Gross Margin | 91.6% | 89.0% | 77.9% | 2.6pp | 13.6pp |
| Net Margin | 33.0% | 32.0% | 26.5% | 1.0pp | 6.6pp |
| EPS (Diluted) | $0.29 | $0.29 | $0.25 | 0.0% | 16.0% |
| Free Cash Flow | $129M | $141M | -$10M | -8.6% | 1449.6% |
| Item | Amount |
|---|---|
| REVENUE | $371M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $340M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $98M |
| SG&A Expenses | $98M |
| Other Expenses | $77M |
| Operating Expenses | $175M |
| Cost & Expenses | $206M |
| OPERATING INCOME | $165M |
| Interest Income | $329M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $165M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $18M |
| EBIT | $165M |
| EBITDA | $183M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $371M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $340M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $98M |
| SG&A Expenses | $98M |
| Other Expenses | $77M |
| Operating Expenses | $175M |
| Cost & Expenses | $206M |
| OPERATING INCOME | $165M |
| Interest Income | $329M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $165M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $18M |
| EBIT | $165M |
| EBITDA | $183M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $123M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | $129M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$599M |
| Sales/Maturities of Investments | $401M |
| Other Investing Activities | -$146M |
| NET CASH FROM INVESTING | -$343M |
| Net Debt Issuance | -$529M |
| Common Stock Repurchased | -$15.0K |
| Common Dividends Paid | -$45M |
| Other Financing Activities | $438M |
| NET CASH FROM FINANCING | -$130M |
| FREE CASH FLOW | $129M |
| Net Change in Cash | -$345M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $33M |
| Net Receivables | $98M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $578M |
| Goodwill | $1.4B |
| Intangible Assets | $63M |
| Long-Term Investments | $36.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $39.6B |
| TOTAL ASSETS | $41.3B |
| Account Payables | $0 |
| Short-Term Debt | $783M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $33.6B |
| TOTAL CURRENT LIABILITIES | $34.7B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $36.5B |
| Common Stock | $143M |
| Additional Paid-In Capital | $3.7B |
| Retained Earnings | $819M |
| Treasury Stock | -$41.0K |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $41.3B |
| Total Debt | $2.5B |
| Net Debt | $1.0B |
