| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.3B | $1.8B | 11.6% | 41.2% |
| Op. Income | $531M | $517M | $326M | 2.7% | 62.9% |
| Gross Margin | 29.4% | 31.7% | 27.0% | -2.3pp | 2.4pp |
| Net Margin | 19.8% | 23.0% | 17.9% | -3.3pp | 1.9pp |
| EPS (Diluted) | $4.61 | $4.79 | $2.82 | -3.8% | 63.5% |
| Free Cash Flow | $179M | $421M | $24M | -57.5% | 645.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $745M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $174M |
| Other Expenses | $16M |
| Operating Expenses | $214M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $531M |
| Interest Income | $1M |
| Interest Expense | $35M |
| Other Income/Expenses | $85M |
| INCOME BEFORE TAX | $616M |
| Income Tax Expense | $112M |
| Net Income from Continuing Ops | $504M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $502M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $502M |
| D&A | $106M |
| EBIT | $651M |
| EBITDA | $757M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $745M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $174M |
| Other Expenses | $16M |
| Operating Expenses | $214M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $531M |
| Interest Income | $1M |
| Interest Expense | $35M |
| Other Income/Expenses | $85M |
| INCOME BEFORE TAX | $616M |
| Income Tax Expense | $112M |
| Net Income from Continuing Ops | $504M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $502M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $502M |
| D&A | $106M |
| EBIT | $651M |
| EBITDA | $757M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $504M |
| Depreciation & Amortization | $106M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$61M |
| Change in Working Capital | -$252M |
| OPERATING CASH FLOW | $316M |
| Capital Expenditure | -$137M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$149M |
| Net Debt Issuance | $67M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$73M |
| Other Financing Activities | -$72M |
| NET CASH FROM FINANCING | -$95M |
| FREE CASH FLOW | $179M |
| Net Change in Cash | $69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $605M |
| Short-Term Investments | $9M |
| Net Receivables | $1.9B |
| Inventory | $1.5B |
| Other Current Assets | $124M |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $4.5B |
| Goodwill | $1.4B |
| Intangible Assets | $715M |
| Long-Term Investments | $847M |
| Tax Assets | $244M |
| Other Non-Current Assets | $569M |
| TOTAL NON-CURRENT ASSETS | $8.2B |
| TOTAL ASSETS | $12.4B |
| Account Payables | $1.2B |
| Short-Term Debt | $860M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $214M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $563M |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $4.9B |
| TOTAL LIABILITIES | $7.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $326M |
| Retained Earnings | $10.1B |
| Treasury Stock | -$5.5B |
| Accum. Other Comp. Income | -$333M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $346M |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $12.4B |
| Total Debt | $4.3B |
| Net Debt | $3.7B |
