| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.6B | $1.6B | 13.5% | 13.2% |
| Op. Income | $198M | $216M | $141M | -8.3% | 40.5% |
| Gross Margin | 32.3% | 35.2% | 31.2% | -2.9pp | 1.1pp |
| Net Margin | 7.8% | 10.1% | 5.7% | -2.3pp | 2.1pp |
| EPS (Diluted) | $1.57 | $1.72 | $0.97 | -8.7% | 61.9% |
| Free Cash Flow | $141M | $84M | $135M | 66.8% | 4.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $584M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $386M |
| Other Expenses | $1M |
| Operating Expenses | $386M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $198M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $188M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $142M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $142M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $142M |
| D&A | $28M |
| EBIT | $199M |
| EBITDA | $226M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $584M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $386M |
| Other Expenses | $1M |
| Operating Expenses | $386M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $198M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $188M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $142M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $142M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $142M |
| D&A | $28M |
| EBIT | $199M |
| EBITDA | $226M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $142M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $30M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | $158M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$71.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$750.0K |
| Common Stock Repurchased | -$66M |
| Common Dividends Paid | -$49M |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $141M |
| Net Change in Cash | $85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $486M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | $1.2B |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $1.4B |
| Goodwill | $862M |
| Intangible Assets | $577M |
| Long-Term Investments | -$33M |
| Tax Assets | $33M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $738M |
| Short-Term Debt | $86M |
| Deferred Revenue | $89M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $684M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $217M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $870.0K |
| Additional Paid-In Capital | $198M |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $1.9B |
| Net Debt | $1.4B |
