| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $358M | $356M | $340M | 0.5% | 5.2% |
| Op. Income | $112M | $111M | $124M | 0.5% | -9.8% |
| Gross Margin | 98.0% | 98.3% | 98.3% | -0.3pp | -0.3pp |
| Net Margin | 27.7% | 28.4% | 34.1% | -0.7pp | -6.4pp |
| EPS (Diluted) | $1.50 | $1.54 | $1.77 | -2.6% | -15.3% |
| Free Cash Flow | $320M | $67M | $207M | 378.9% | 54.8% |
| Item | Amount |
|---|---|
| REVENUE | $358M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $350M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $139M |
| SG&A Expenses | $139M |
| Other Expenses | $100M |
| Operating Expenses | $239M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $112M |
| Interest Income | $256M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $18M |
| EBIT | $112M |
| EBITDA | $129M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $358M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $350M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $139M |
| SG&A Expenses | $139M |
| Other Expenses | $100M |
| Operating Expenses | $239M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $112M |
| Interest Income | $256M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $18M |
| EBIT | $112M |
| EBITDA | $129M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $99M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$432.0K |
| Other Non-Cash Items | $26M |
| Change in Working Capital | $189M |
| OPERATING CASH FLOW | $333M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.4B |
| Sales/Maturities of Investments | $347M |
| Other Investing Activities | -$207M |
| NET CASH FROM INVESTING | -$3.3B |
| Net Debt Issuance | -$889M |
| Common Stock Repurchased | -$996.0K |
| Common Dividends Paid | -$48M |
| Other Financing Activities | $1.7B |
| NET CASH FROM FINANCING | $801M |
| FREE CASH FLOW | $320M |
| Net Change in Cash | -$2.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14.5B |
| Short-Term Investments | $16.2B |
| Net Receivables | $772M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $31.4B |
| PP&E (Net) | $1.0B |
| Goodwill | $655M |
| Intangible Assets | $720.0K |
| Long-Term Investments | $18.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $219M |
| TOTAL NON-CURRENT ASSETS | $19.9B |
| TOTAL ASSETS | $51.3B |
| Account Payables | $989M |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $44.4B |
| TOTAL CURRENT LIABILITIES | $47.3B |
| Long-Term Debt | $222M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $222M |
| TOTAL LIABILITIES | $47.5B |
| Common Stock | $642.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $3.0B |
| Treasury Stock | -$13M |
| Accum. Other Comp. Income | -$372M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $51.3B |
| Total Debt | $2.1B |
| Net Debt | -$12.4B |
