| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $282M | $281M | $286M | 0.3% | -1.6% |
| Op. Income | $92M | $112M | $84M | -17.7% | 9.8% |
| Gross Margin | 96.8% | 102.6% | 85.8% | -5.8pp | 11.0pp |
| Net Margin | 27.3% | 31.6% | 23.4% | -4.3pp | 3.9pp |
| EPS (Diluted) | $0.49 | $0.56 | $0.40 | -12.5% | 22.5% |
| Free Cash Flow | $147M | $119M | $107M | 23.6% | 38.2% |
| Item | Amount |
|---|---|
| REVENUE | $282M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $273M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $113M |
| SG&A Expenses | $118M |
| Other Expenses | $62M |
| Operating Expenses | $181M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $92M |
| Interest Income | $202M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $19M |
| EBIT | $92M |
| EBITDA | $111M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $282M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $273M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $113M |
| SG&A Expenses | $118M |
| Other Expenses | $62M |
| Operating Expenses | $181M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $92M |
| Interest Income | $202M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $19M |
| EBIT | $92M |
| EBITDA | $111M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $77M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $56M |
| OPERATING CASH FLOW | $165M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $346M |
| Other Investing Activities | -$617M |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $32M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$30M |
| Other Financing Activities | $615M |
| NET CASH FROM FINANCING | $596M |
| FREE CASH FLOW | $147M |
| Net Change in Cash | -$660M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $4.3B |
| Net Receivables | $81M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $385M |
| Goodwill | $1.1B |
| Intangible Assets | $113M |
| Long-Term Investments | $26.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $29.7B |
| TOTAL ASSETS | $35.1B |
| Account Payables | $0 |
| Short-Term Debt | $354M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28.5B |
| TOTAL CURRENT LIABILITIES | $29.2B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $31.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $2.7B |
| Treasury Stock | -$546M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $35.1B |
| Total Debt | $2.2B |
| Net Debt | $1.2B |
