| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $926M | $993M | $792M | -6.7% | 16.9% |
| Op. Income | $115M | $133M | $86M | -13.3% | 34.3% |
| Gross Margin | 41.7% | 42.2% | 42.0% | -0.6pp | -0.3pp |
| Net Margin | 9.5% | 9.9% | 7.5% | -0.4pp | 1.9pp |
| EPS (Diluted) | $2.46 | $2.72 | $1.57 | -9.6% | 56.7% |
| Free Cash Flow | $74M | $79M | $113M | -6.2% | -33.9% |
| Item | Amount |
|---|---|
| REVENUE | $926M |
| Cost of Revenue | $540M |
| GROSS PROFIT | $386M |
| R&D Expenses | $0 |
| Selling & Marketing | $271M |
| General & Administrative | $0 |
| SG&A Expenses | $271M |
| Other Expenses | $0 |
| Operating Expenses | $271M |
| Cost & Expenses | $811M |
| OPERATING INCOME | $115M |
| Interest Income | $300.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $109M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $24M |
| EBIT | $115M |
| EBITDA | $139M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $926M |
| Cost of Revenue | $540M |
| GROSS PROFIT | $386M |
| R&D Expenses | $0 |
| Selling & Marketing | $271M |
| General & Administrative | $0 |
| SG&A Expenses | $271M |
| Other Expenses | $0 |
| Operating Expenses | $271M |
| Cost & Expenses | $811M |
| OPERATING INCOME | $115M |
| Interest Income | $300.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $109M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $24M |
| EBIT | $115M |
| EBITDA | $139M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $88M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $300.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$56M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$59M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $504M |
| Short-Term Investments | $0 |
| Net Receivables | $529M |
| Inventory | $440M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $316M |
| Goodwill | $1.1B |
| Intangible Assets | $562M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $409M |
| Short-Term Debt | $0 |
| Deferred Revenue | $9M |
| Other Current Liabilities | $251M |
| TOTAL CURRENT LIABILITIES | $695M |
| Long-Term Debt | $495M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $101M |
| Other Non-Current Liabilities | $198M |
| TOTAL NON-CURRENT LIABILITIES | $838M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $2.9B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$109M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $554M |
| Net Debt | $50M |
