| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $356M | $345M | $340M | 3.0% | 4.6% |
| Op. Income | $111M | $121M | $97M | -8.4% | 14.7% |
| Gross Margin | 98.3% | 98.2% | 94.0% | 0.0pp | 4.3pp |
| Net Margin | 28.4% | 31.3% | 25.9% | -2.9pp | 2.4pp |
| EPS (Diluted) | $1.54 | $1.65 | $1.38 | -6.7% | 11.6% |
| Free Cash Flow | $67M | $195M | $36M | -65.7% | 88.0% |
| Item | Amount |
|---|---|
| REVENUE | $356M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $350M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $133M |
| SG&A Expenses | $168M |
| Other Expenses | $71M |
| Operating Expenses | $239M |
| Cost & Expenses | $245M |
| OPERATING INCOME | $111M |
| Interest Income | $247M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $103M |
| D&A | $18M |
| EBIT | $111M |
| EBITDA | $129M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $356M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $350M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $133M |
| SG&A Expenses | $168M |
| Other Expenses | $71M |
| Operating Expenses | $239M |
| Cost & Expenses | $245M |
| OPERATING INCOME | $111M |
| Interest Income | $247M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $103M |
| D&A | $18M |
| EBIT | $111M |
| EBITDA | $129M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $101M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$50M |
| OPERATING CASH FLOW | $96M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20.1B |
| Sales/Maturities of Investments | $17.3B |
| Other Investing Activities | -$503M |
| NET CASH FROM INVESTING | -$3.3B |
| Net Debt Issuance | $526M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$48M |
| Other Financing Activities | $3.1B |
| NET CASH FROM FINANCING | $3.6B |
| FREE CASH FLOW | $67M |
| Net Change in Cash | $329M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16.5B |
| Short-Term Investments | $13.9B |
| Net Receivables | $613M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $31.1B |
| PP&E (Net) | $1.1B |
| Goodwill | $655M |
| Intangible Assets | $866.0K |
| Long-Term Investments | $17.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $257M |
| TOTAL NON-CURRENT ASSETS | $19.8B |
| TOTAL ASSETS | $50.9B |
| Account Payables | $754M |
| Short-Term Debt | $2.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $42.7B |
| TOTAL CURRENT LIABILITIES | $46.2B |
| Long-Term Debt | $222M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $222M |
| TOTAL LIABILITIES | $46.4B |
| Common Stock | $642.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $3.0B |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | $347M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $50.9B |
| Total Debt | $3.0B |
| Net Debt | -$13.6B |
