| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.4B | $886M | 13.9% | 75.2% |
| Op. Income | $208M | $169M | $104M | 23.3% | 99.2% |
| Gross Margin | 32.0% | 31.9% | 32.6% | 0.1pp | -0.6pp |
| Net Margin | 9.4% | 8.5% | 7.9% | 0.9pp | 1.5pp |
| EPS (Diluted) | $3.09 | $2.42 | $1.47 | 27.7% | 110.2% |
| Free Cash Flow | $187M | $63M | $28M | 195.7% | 578.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $496M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $258M |
| SG&A Expenses | $258M |
| Other Expenses | $31M |
| Operating Expenses | $288M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $208M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $32M |
| EBIT | $208M |
| EBITDA | $239M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $496M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $258M |
| SG&A Expenses | $258M |
| Other Expenses | $31M |
| Operating Expenses | $288M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $208M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $32M |
| EBIT | $208M |
| EBITDA | $239M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $146M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $19M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $200M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$228M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$237M |
| FREE CASH FLOW | $187M |
| Net Change in Cash | -$61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $151M |
| Goodwill | $892M |
| Intangible Assets | $495M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $232M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $384M |
| Short-Term Debt | $0 |
| Deferred Revenue | $149M |
| Other Current Liabilities | $270M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $843M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $66M |
| Other Non-Current Liabilities | $99M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $489M |
| Retained Earnings | $943M |
| Treasury Stock | -$350M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $864M |
| Net Debt | $750M |
