| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $1.8B | $1.8B | 30.5% | 27.7% |
| Op. Income | $406M | $227M | $205M | 78.4% | 97.6% |
| Gross Margin | 25.6% | 22.0% | 20.4% | 3.7pp | 5.3pp |
| Net Margin | 13.0% | 9.5% | 8.2% | 3.5pp | 4.8pp |
| EPS (Diluted) | $7.61 | $4.26 | $3.76 | 78.6% | 102.4% |
| Free Cash Flow | $181M | $85M | $59M | 113.9% | 207.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $596M |
| R&D Expenses | $0 |
| Selling & Marketing | $147M |
| General & Administrative | $26M |
| SG&A Expenses | $173M |
| Other Expenses | $18M |
| Operating Expenses | $191M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $406M |
| Interest Income | $65.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $401M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $303M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $303M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $303M |
| D&A | $21M |
| EBIT | $408M |
| EBITDA | $429M |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $596M |
| R&D Expenses | $0 |
| Selling & Marketing | $147M |
| General & Administrative | $26M |
| SG&A Expenses | $173M |
| Other Expenses | $18M |
| Operating Expenses | $191M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $406M |
| Interest Income | $65.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $401M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $303M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $303M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $303M |
| D&A | $21M |
| EBIT | $408M |
| EBITDA | $429M |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| Net Income | $303M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$729.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$122M |
| OPERATING CASH FLOW | $199M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $181M |
| Net Change in Cash | $174M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $923M |
| Short-Term Investments | $0 |
| Net Receivables | $680M |
| Inventory | $805M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $580M |
| Goodwill | $60M |
| Intangible Assets | $15M |
| Long-Term Investments | $3M |
| Tax Assets | $9M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $683M |
| TOTAL ASSETS | $3.1B |
| Account Payables | $495M |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $175M |
| TOTAL CURRENT LIABILITIES | $880M |
| Long-Term Debt | $445M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $577M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $448.0K |
| Additional Paid-In Capital | $542M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$139M |
| Accum. Other Comp. Income | -$933.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $542M |
| Net Debt | -$381M |
