| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $363M | $435M | — | -16.5% | — |
| Op. Income | $79M | $152M | — | -48.3% | — |
| Gross Margin | 96.0% | 100.4% | — | -4.4pp | — |
| Net Margin | 17.2% | 27.0% | — | -9.8pp | — |
| EPS (Diluted) | $0.91 | $1.71 | — | -46.8% | — |
| Free Cash Flow | $3.9B | -$3.7B | — | 205.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $363M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $348M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $167M |
| SG&A Expenses | $174M |
| Other Expenses | $96M |
| Operating Expenses | $270M |
| Cost & Expenses | $284M |
| OPERATING INCOME | $79M |
| Interest Income | $283M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $26M |
| EBIT | $79M |
| EBITDA | $105M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $363M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $348M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $167M |
| SG&A Expenses | $174M |
| Other Expenses | $96M |
| Operating Expenses | $270M |
| Cost & Expenses | $284M |
| OPERATING INCOME | $79M |
| Interest Income | $283M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $26M |
| EBIT | $79M |
| EBITDA | $105M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$47M |
| Change in Working Capital | $3.9B |
| OPERATING CASH FLOW | $3.9B |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $840M |
| Other Investing Activities | -$582M |
| NET CASH FROM INVESTING | -$904M |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | -$53M |
| Common Dividends Paid | -$36M |
| Other Financing Activities | -$3.1B |
| NET CASH FROM FINANCING | -$4.5B |
| FREE CASH FLOW | $3.9B |
| Net Change in Cash | -$1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $12.9B |
| Net Receivables | $468M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14.7B |
| PP&E (Net) | $575M |
| Goodwill | $1.0B |
| Intangible Assets | $297M |
| Long-Term Investments | $23.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.5B |
| TOTAL NON-CURRENT ASSETS | $32.1B |
| TOTAL ASSETS | $46.8B |
| Account Payables | $238M |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $39.4B |
| TOTAL CURRENT LIABILITIES | $40.7B |
| Long-Term Debt | $161M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $42.0B |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $4.5B |
| Treasury Stock | -$588M |
| Accum. Other Comp. Income | -$418M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $4M |
| TOTAL EQUITY | $4.9B |
| TOTAL LIABILITIES & EQUITY | $46.8B |
| Total Debt | $1.2B |
| Net Debt | -$132M |
