| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $275M | $282M | $289M | -2.4% | -5.0% |
| Op. Income | $93M | $92M | $119M | 0.9% | -21.9% |
| Gross Margin | 96.2% | 96.8% | 100.7% | -0.6pp | -4.5pp |
| Net Margin | 27.0% | 27.3% | 32.6% | -0.3pp | -5.6pp |
| EPS (Diluted) | $0.47 | $0.49 | $0.58 | -4.1% | -19.0% |
| Free Cash Flow | $229M | $147M | $151M | 55.3% | 51.3% |
| Item | Amount |
|---|---|
| REVENUE | $275M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $264M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $110M |
| SG&A Expenses | $115M |
| Other Expenses | $56M |
| Operating Expenses | $171M |
| Cost & Expenses | $182M |
| OPERATING INCOME | $93M |
| Interest Income | $202M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $19M |
| EBIT | $93M |
| EBITDA | $112M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $275M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $264M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $110M |
| SG&A Expenses | $115M |
| Other Expenses | $56M |
| Operating Expenses | $171M |
| Cost & Expenses | $182M |
| OPERATING INCOME | $93M |
| Interest Income | $202M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $19M |
| EBIT | $93M |
| EBITDA | $112M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $74M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $35M |
| Change in Working Capital | $110M |
| OPERATING CASH FLOW | $246M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$544M |
| Sales/Maturities of Investments | $220M |
| Other Investing Activities | -$298M |
| NET CASH FROM INVESTING | -$640M |
| Net Debt Issuance | -$38M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$31M |
| Other Financing Activities | -$61M |
| NET CASH FROM FINANCING | -$131M |
| FREE CASH FLOW | $229M |
| Net Change in Cash | -$524M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $501M |
| Short-Term Investments | $2.8B |
| Net Receivables | $83M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $388M |
| Goodwill | $1.1B |
| Intangible Assets | $123M |
| Long-Term Investments | $28.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $31.6B |
| TOTAL ASSETS | $35.0B |
| Account Payables | $0 |
| Short-Term Debt | $719M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28.4B |
| TOTAL CURRENT LIABILITIES | $29.5B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $31.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $2.7B |
| Treasury Stock | -$533M |
| Accum. Other Comp. Income | -$137M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $35.0B |
| Total Debt | $2.2B |
| Net Debt | $1.7B |
