| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $232M | $242M | $290M | -4.2% | -20.1% |
| Op. Income | $107M | $111M | $126M | -2.9% | -14.7% |
| Gross Margin | 93.8% | 99.3% | 95.2% | -5.5pp | -1.4pp |
| Net Margin | 35.4% | 33.8% | 32.5% | 1.6pp | 2.8pp |
| EPS (Diluted) | $1.18 | $1.17 | $1.36 | 0.9% | -13.2% |
| Free Cash Flow | $263M | -$170M | $415M | 254.7% | -36.6% |
| Item | Amount |
|---|---|
| REVENUE | $232M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $217M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $82M |
| SG&A Expenses | $85M |
| Other Expenses | $25M |
| Operating Expenses | $110M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $107M |
| Interest Income | $178M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $11M |
| EBIT | $107M |
| EBITDA | $119M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $232M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $217M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $82M |
| SG&A Expenses | $85M |
| Other Expenses | $25M |
| Operating Expenses | $110M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $107M |
| Interest Income | $178M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $11M |
| EBIT | $107M |
| EBITDA | $119M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $143M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $267M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$127M |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $83M |
| Other Investing Activities | -$398M |
| NET CASH FROM INVESTING | -$480M |
| Net Debt Issuance | -$296M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $834M |
| NET CASH FROM FINANCING | $526M |
| FREE CASH FLOW | $263M |
| Net Change in Cash | $312M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.0B |
| Short-Term Investments | $593M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $225M |
| Goodwill | $1.0B |
| Intangible Assets | $126M |
| Long-Term Investments | $17.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $768M |
| TOTAL NON-CURRENT ASSETS | $19.2B |
| TOTAL ASSETS | $23.9B |
| Account Payables | $0 |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19.7B |
| TOTAL CURRENT LIABILITIES | $19.7B |
| Long-Term Debt | $866M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $354M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $20.9B |
| Common Stock | $72M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $1.0B |
| Treasury Stock | -$52M |
| Accum. Other Comp. Income | $16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $23.9B |
| Total Debt | $872M |
| Net Debt | -$3.2B |
