| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $435M | $514M | $493M | -15.4% | -11.8% |
| Op. Income | $152M | $242M | $200M | -37.1% | -23.9% |
| Gross Margin | 100.4% | 101.9% | 96.9% | -1.5pp | 3.5pp |
| Net Margin | 27.0% | 36.6% | 31.3% | -9.6pp | -4.3pp |
| EPS (Diluted) | $1.71 | $2.74 | $2.21 | -37.6% | -22.6% |
| Free Cash Flow | -$3.7B | $369M | -$801M | -1097.2% | -359.8% |
| Item | Amount |
|---|---|
| REVENUE | $435M |
| Cost of Revenue | -$2M |
| GROSS PROFIT | $437M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $181M |
| SG&A Expenses | $188M |
| Other Expenses | $97M |
| Operating Expenses | $285M |
| Cost & Expenses | $283M |
| OPERATING INCOME | $152M |
| Interest Income | $292M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $152M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $117M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $117M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $26M |
| EBIT | $152M |
| EBITDA | $178M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $435M |
| Cost of Revenue | -$2M |
| GROSS PROFIT | $437M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $181M |
| SG&A Expenses | $188M |
| Other Expenses | $97M |
| Operating Expenses | $285M |
| Cost & Expenses | $283M |
| OPERATING INCOME | $152M |
| Interest Income | $292M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $152M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $117M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $117M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $26M |
| EBIT | $152M |
| EBITDA | $178M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $117M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$96M |
| Change in Working Capital | -$3.7B |
| OPERATING CASH FLOW | -$3.6B |
| Capital Expenditure | -$74M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$903M |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | $273M |
| NET CASH FROM INVESTING | $455M |
| Net Debt Issuance | $1.5B |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$36M |
| Other Financing Activities | $2.7B |
| NET CASH FROM FINANCING | $4.1B |
| FREE CASH FLOW | -$3.7B |
| Net Change in Cash | $945M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $13.2B |
| Net Receivables | $279M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16.3B |
| PP&E (Net) | $574M |
| Goodwill | $1.0B |
| Intangible Assets | $255M |
| Long-Term Investments | $21.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.6B |
| TOTAL NON-CURRENT ASSETS | $34.0B |
| TOTAL ASSETS | $50.2B |
| Account Payables | $273M |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $41.2B |
| TOTAL CURRENT LIABILITIES | $43.8B |
| Long-Term Debt | $161M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $872M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $44.9B |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $4.4B |
| Treasury Stock | -$535M |
| Accum. Other Comp. Income | $72M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $5M |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $50.2B |
| Total Debt | $2.5B |
| Net Debt | -$343M |
