| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $323M | $304M | $314M | 6.3% | 2.9% |
| Op. Income | $125M | $128M | $88M | -2.0% | 43.3% |
| Gross Margin | 94.5% | 103.5% | 86.4% | -9.0pp | 8.1pp |
| Net Margin | 29.6% | 30.9% | 22.0% | -1.3pp | 7.5pp |
| EPS (Diluted) | $1.03 | $1.01 | $0.75 | 2.0% | 37.3% |
| Free Cash Flow | $147M | $81M | $114M | 82.3% | 28.6% |
| Item | Amount |
|---|---|
| REVENUE | $323M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $306M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $101M |
| SG&A Expenses | $105M |
| Other Expenses | $75M |
| Operating Expenses | $180M |
| Cost & Expenses | $198M |
| OPERATING INCOME | $125M |
| Interest Income | $240M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $10M |
| EBIT | $125M |
| EBITDA | $135M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $323M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $306M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $101M |
| SG&A Expenses | $105M |
| Other Expenses | $75M |
| Operating Expenses | $180M |
| Cost & Expenses | $198M |
| OPERATING INCOME | $125M |
| Interest Income | $240M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $10M |
| EBIT | $125M |
| EBITDA | $135M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $96M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $40M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $151M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$785M |
| Sales/Maturities of Investments | $533M |
| Other Investing Activities | -$135M |
| NET CASH FROM INVESTING | -$391M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | $4M |
| Common Dividends Paid | -$36M |
| Other Financing Activities | $1.3B |
| NET CASH FROM FINANCING | $1.3B |
| FREE CASH FLOW | $147M |
| Net Change in Cash | $1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $0 |
| Net Receivables | $620M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $210M |
| Goodwill | $538M |
| Intangible Assets | $19M |
| Long-Term Investments | $30.1B |
| Tax Assets | $96M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $32.2B |
| TOTAL ASSETS | $35.4B |
| Account Payables | $0 |
| Short-Term Debt | $656M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $30.0B |
| TOTAL CURRENT LIABILITIES | $31.2B |
| Long-Term Debt | $677M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $828M |
| TOTAL LIABILITIES | $32.0B |
| Common Stock | $937.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$127M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $35.4B |
| Total Debt | $1.5B |
| Net Debt | -$1.1B |
