| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.1B | 4.3% | 26.9% |
| Op. Income | $237M | $247M | $150M | -4.0% | 58.0% |
| Gross Margin | 45.0% | 47.8% | 43.6% | -2.8pp | 1.4pp |
| Net Margin | 13.9% | 15.9% | 10.2% | -2.0pp | 3.6pp |
| EPS (Diluted) | $3.69 | $4.07 | $2.16 | -9.3% | 70.8% |
| Free Cash Flow | $284M | $300M | $160M | -5.3% | 77.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $790M |
| GROSS PROFIT | $646M |
| R&D Expenses | $141M |
| Selling & Marketing | $148M |
| General & Administrative | $85M |
| SG&A Expenses | $233M |
| Other Expenses | $35M |
| Operating Expenses | $409M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $237M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $228M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $199M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $199M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $199M |
| D&A | $48M |
| EBIT | $243M |
| EBITDA | $291M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $790M |
| GROSS PROFIT | $646M |
| R&D Expenses | $141M |
| Selling & Marketing | $148M |
| General & Administrative | $85M |
| SG&A Expenses | $233M |
| Other Expenses | $35M |
| Operating Expenses | $409M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $237M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $228M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $199M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $199M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $199M |
| D&A | $48M |
| EBIT | $243M |
| EBITDA | $291M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $199M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $35M |
| OPERATING CASH FLOW | $297M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$290M |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$310M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$22M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $284M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $307M |
| Short-Term Investments | $0 |
| Net Receivables | $685M |
| Inventory | $438M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $404M |
| Goodwill | $3.2B |
| Intangible Assets | $456M |
| Long-Term Investments | $91M |
| Tax Assets | $106M |
| Other Non-Current Assets | $90M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $609M |
| Short-Term Debt | $51M |
| Deferred Revenue | $363M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $940M |
| Deferred Revenue NC | $318M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $90M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $447M |
| Retained Earnings | $3.4B |
| Treasury Stock | -$986M |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $1.1B |
| Net Debt | $804M |
