| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.9B | $1.8B | 5.1% | 16.0% |
| Op. Income | $330M | $323M | $275M | 2.2% | 20.3% |
| Gross Margin | 43.7% | 44.1% | 40.0% | -0.3pp | 3.7pp |
| Net Margin | 12.2% | 12.6% | 11.4% | -0.4pp | 0.8pp |
| EPS (Diluted) | $1.64 | $1.61 | $1.27 | 2.3% | 29.2% |
| Free Cash Flow | $250M | $201M | $461M | 24.4% | -45.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $895M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $565M |
| Other Expenses | $0 |
| Operating Expenses | $565M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $330M |
| Interest Income | $0 |
| Interest Expense | $121.0K |
| Other Income/Expenses | -$121.0K |
| INCOME BEFORE TAX | $330M |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $250M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $250M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $250M |
| D&A | $49M |
| EBIT | $330M |
| EBITDA | $379M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $895M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $565M |
| Other Expenses | $0 |
| Operating Expenses | $565M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $330M |
| Interest Income | $0 |
| Interest Expense | $121.0K |
| Other Income/Expenses | -$121.0K |
| INCOME BEFORE TAX | $330M |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $250M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $250M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $250M |
| D&A | $49M |
| EBIT | $330M |
| EBITDA | $379M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $250M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $54M |
| Change in Working Capital | -$60M |
| OPERATING CASH FLOW | $313M |
| Capital Expenditure | -$63M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$201M |
| Common Dividends Paid | -$44M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$249M |
| FREE CASH FLOW | $250M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $657M |
| Short-Term Investments | $0 |
| Net Receivables | $140M |
| Inventory | $1.3B |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $2.1B |
| Goodwill | $85M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $62M |
| Other Non-Current Assets | $102M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $638M |
| Short-Term Debt | $0 |
| Deferred Revenue | $431M |
| Other Current Liabilities | $91M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $147M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $734.0K |
| Additional Paid-In Capital | $585M |
| Retained Earnings | $964M |
| Treasury Stock | -$711.0K |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $1.3B |
| Net Debt | $657M |
