| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $463M | $470M | $447M | -1.5% | 3.6% |
| Op. Income | $284M | $332M | $215M | -14.4% | 32.0% |
| Gross Margin | 75.1% | 75.9% | 77.5% | -0.9pp | -2.5pp |
| Net Margin | 47.0% | 53.2% | 37.2% | -6.2pp | 9.8pp |
| EPS (Diluted) | $14.60 | $15.79 | $9.43 | -7.5% | 54.8% |
| Free Cash Flow | $130M | $267M | $201M | -51.4% | -35.7% |
| Item | Amount |
|---|---|
| REVENUE | $463M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $347M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $20M |
| SG&A Expenses | $37M |
| Other Expenses | $26M |
| Operating Expenses | $63M |
| Cost & Expenses | $179M |
| OPERATING INCOME | $284M |
| Interest Income | $300.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $600.0K |
| INCOME BEFORE TAX | $285M |
| Income Tax Expense | $67M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $218M |
| D&A | $7M |
| EBIT | $284M |
| EBITDA | $291M |
| EPS | $15 |
| EPS Diluted | $15 |
| Item | Amount |
|---|---|
| REVENUE | $463M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $347M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $20M |
| SG&A Expenses | $37M |
| Other Expenses | $26M |
| Operating Expenses | $63M |
| Cost & Expenses | $179M |
| OPERATING INCOME | $284M |
| Interest Income | $300.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $600.0K |
| INCOME BEFORE TAX | $285M |
| Income Tax Expense | $67M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $218M |
| D&A | $7M |
| EBIT | $284M |
| EBITDA | $291M |
| EPS | $15 |
| EPS Diluted | $15 |
| Item | Amount |
|---|---|
| Net Income | $218M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $49M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$187M |
| OPERATING CASH FLOW | $131M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $231M |
| NET CASH FROM INVESTING | $223M |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | -$378M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$362M |
| FREE CASH FLOW | $130M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $6.4B |
| Inventory | $0 |
| Other Current Assets | $414M |
| TOTAL CURRENT ASSETS | $6.9B |
| PP&E (Net) | $57M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $111M |
| TOTAL NON-CURRENT ASSETS | $168M |
| TOTAL ASSETS | $7.1B |
| Account Payables | $175M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$3M |
| TOTAL CURRENT LIABILITIES | $175M |
| Long-Term Debt | $4.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $435M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $197M |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $200.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $4.6B |
| Net Debt | $4.6B |
