| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | $835M | 1.5% | 23.6% |
| Op. Income | $221M | $261M | $213M | -15.4% | 3.6% |
| Gross Margin | 72.2% | 74.3% | 73.2% | -2.1pp | -0.9pp |
| Net Margin | 18.5% | 17.8% | 19.1% | 0.7pp | -0.5pp |
| EPS (Diluted) | $2.40 | $2.28 | $2.00 | 5.3% | 20.0% |
| Free Cash Flow | $164M | $231M | $328M | -29.0% | -50.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $287M |
| GROSS PROFIT | $745M |
| R&D Expenses | $72M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $451M |
| Other Expenses | $0 |
| Operating Expenses | $524M |
| Cost & Expenses | $810M |
| OPERATING INCOME | $221M |
| Interest Income | $676.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$880.0K |
| INCOME BEFORE TAX | $220M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $191M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $191M |
| D&A | $30M |
| EBIT | $221M |
| EBITDA | $250M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $287M |
| GROSS PROFIT | $745M |
| R&D Expenses | $72M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $451M |
| Other Expenses | $0 |
| Operating Expenses | $524M |
| Cost & Expenses | $810M |
| OPERATING INCOME | $221M |
| Interest Income | $676.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$880.0K |
| INCOME BEFORE TAX | $220M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $191M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $191M |
| D&A | $30M |
| EBIT | $221M |
| EBITDA | $250M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $191M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | -$33M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $39M |
| OPERATING CASH FLOW | $273M |
| Capital Expenditure | -$109M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$201M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$308M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$102M |
| FREE CASH FLOW | $164M |
| Net Change in Cash | -$138M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $72M |
| Net Receivables | $991M |
| Inventory | $230M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $1.2B |
| Goodwill | $419M |
| Intangible Assets | $110M |
| Long-Term Investments | $125M |
| Tax Assets | $1.5B |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $164M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $262M |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $293M |
| TOTAL NON-CURRENT LIABILITIES | $395M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $999M |
| Retained Earnings | $2.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $125M |
| Net Debt | -$974M |
