| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $993M | $900M | $891M | 10.3% | 11.4% |
| Op. Income | $133M | $118M | $106M | 12.4% | 25.4% |
| Gross Margin | 42.2% | 43.0% | 42.1% | -0.7pp | 0.1pp |
| Net Margin | 9.9% | 9.5% | 8.3% | 0.4pp | 1.6pp |
| EPS (Diluted) | $2.72 | $2.37 | $1.87 | 14.8% | 45.5% |
| Free Cash Flow | $79M | $94M | $110M | -15.8% | -27.8% |
| Item | Amount |
|---|---|
| REVENUE | $993M |
| Cost of Revenue | $573M |
| GROSS PROFIT | $419M |
| R&D Expenses | $88M |
| Selling & Marketing | $148M |
| General & Administrative | $53M |
| SG&A Expenses | $201M |
| Other Expenses | -$2M |
| Operating Expenses | $287M |
| Cost & Expenses | $860M |
| OPERATING INCOME | $133M |
| Interest Income | $300.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $126M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $25M |
| EBIT | $130M |
| EBITDA | $156M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $993M |
| Cost of Revenue | $573M |
| GROSS PROFIT | $419M |
| R&D Expenses | $88M |
| Selling & Marketing | $148M |
| General & Administrative | $53M |
| SG&A Expenses | $201M |
| Other Expenses | -$2M |
| Operating Expenses | $287M |
| Cost & Expenses | $860M |
| OPERATING INCOME | $133M |
| Interest Income | $300.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $126M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $25M |
| EBIT | $130M |
| EBITDA | $156M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $98M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | $93M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$73M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$87M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$94M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$600.0K |
| NET CASH FROM FINANCING | -$102M |
| FREE CASH FLOW | $79M |
| Net Change in Cash | -$102M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $491M |
| Short-Term Investments | $0 |
| Net Receivables | $572M |
| Inventory | $399M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $327M |
| Goodwill | $1.1B |
| Intangible Assets | $573M |
| Long-Term Investments | $5M |
| Tax Assets | $2M |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $392M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $263M |
| TOTAL CURRENT LIABILITIES | $692M |
| Long-Term Debt | $494M |
| Deferred Revenue NC | $57M |
| Deferred Tax Liabilities | $101M |
| Other Non-Current Liabilities | $140M |
| TOTAL NON-CURRENT LIABILITIES | $838M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $996M |
| Retained Earnings | $2.8B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$98M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $557M |
| Net Debt | $66M |
