| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $707M | $724M | $548M | -2.4% | 28.9% |
| Op. Income | $184M | $210M | $107M | -12.6% | 72.0% |
| Gross Margin | 40.8% | 43.7% | 34.8% | -2.9pp | 6.0pp |
| Net Margin | 24.9% | 25.9% | 15.0% | -1.0pp | 9.8pp |
| EPS (Diluted) | $2.31 | $2.47 | $1.09 | -6.5% | 111.9% |
| Free Cash Flow | $125M | $88M | $71M | 42.6% | 75.5% |
| Item | Amount |
|---|---|
| REVENUE | $707M |
| Cost of Revenue | $418M |
| GROSS PROFIT | $289M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $92M |
| Other Expenses | $0 |
| Operating Expenses | $105M |
| Cost & Expenses | $523M |
| OPERATING INCOME | $184M |
| Interest Income | $400.0K |
| Interest Expense | $2M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $188M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $176M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $176M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $176M |
| D&A | $30M |
| EBIT | $183M |
| EBITDA | $213M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $707M |
| Cost of Revenue | $418M |
| GROSS PROFIT | $289M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $92M |
| Other Expenses | $0 |
| Operating Expenses | $105M |
| Cost & Expenses | $523M |
| OPERATING INCOME | $184M |
| Interest Income | $400.0K |
| Interest Expense | $2M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $188M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $176M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $176M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $176M |
| D&A | $30M |
| EBIT | $183M |
| EBITDA | $213M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $176M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $190M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$65M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$300.0K |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $125M |
| Net Change in Cash | $112M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $688M |
| Short-Term Investments | $0 |
| Net Receivables | $476M |
| Inventory | $354M |
| Other Current Assets | $80M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $1.1B |
| Goodwill | $109M |
| Intangible Assets | $26M |
| Long-Term Investments | $216M |
| Tax Assets | $80M |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $208M |
| Short-Term Debt | $44M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $145M |
| TOTAL CURRENT LIABILITIES | $559M |
| Long-Term Debt | $210M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $107M |
| TOTAL NON-CURRENT LIABILITIES | $382M |
| TOTAL LIABILITIES | $940M |
| Common Stock | $19M |
| Additional Paid-In Capital | $251M |
| Retained Earnings | $2.3B |
| Treasury Stock | -$248M |
| Accum. Other Comp. Income | -$156M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $316M |
| Net Debt | -$372M |
