| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $282M | $244M | $239M | 15.7% | 18.1% |
| Op. Income | $87M | $57M | $78M | 53.4% | 10.5% |
| Gross Margin | 72.1% | 71.7% | 77.4% | 0.4pp | -5.3pp |
| Net Margin | 23.8% | 21.9% | 29.2% | 1.9pp | -5.4pp |
| EPS (Diluted) | $0.38 | $0.30 | $0.39 | 26.7% | -2.6% |
| Free Cash Flow | $45M | $50M | $96M | -10.9% | -53.3% |
| Item | Amount |
|---|---|
| REVENUE | $282M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $204M |
| R&D Expenses | $36M |
| Selling & Marketing | -$2M |
| General & Administrative | $83M |
| SG&A Expenses | $81M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $196M |
| OPERATING INCOME | $87M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $976.0K |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $5M |
| EBIT | $87M |
| EBITDA | $92M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $282M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $204M |
| R&D Expenses | $36M |
| Selling & Marketing | -$2M |
| General & Administrative | $83M |
| SG&A Expenses | $81M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $196M |
| OPERATING INCOME | $87M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $976.0K |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $5M |
| EBIT | $87M |
| EBITDA | $92M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $67M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $113M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $69M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$130M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$138M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $166M |
| Short-Term Investments | $149M |
| Net Receivables | $157M |
| Inventory | $137M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $673M |
| PP&E (Net) | $110M |
| Goodwill | $241M |
| Intangible Assets | $11M |
| Long-Term Investments | $479M |
| Tax Assets | $412M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $45M |
| Short-Term Debt | $0 |
| Deferred Revenue | $54M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $195M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $295M |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $380M |
| TOTAL LIABILITIES | $575M |
| Common Stock | $347.0K |
| Additional Paid-In Capital | $933M |
| Retained Earnings | $489M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$64M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $35M |
| Net Debt | -$131M |
