| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $244M | $285M | $224M | -14.3% | 9.1% |
| Op. Income | $57M | $88M | $59M | -35.4% | -4.3% |
| Gross Margin | 71.7% | 69.9% | 75.3% | 1.8pp | -3.6pp |
| Net Margin | 21.9% | 27.7% | 31.0% | -5.8pp | -9.1pp |
| EPS (Diluted) | $0.30 | $0.44 | $0.40 | -31.8% | -25.0% |
| Free Cash Flow | $50M | $60M | $79M | -15.9% | -36.5% |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $175M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $90M |
| Other Expenses | -$7M |
| Operating Expenses | $118M |
| Cost & Expenses | $188M |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $5M |
| EBIT | $49M |
| EBITDA | $54M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $175M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $90M |
| Other Expenses | -$7M |
| Operating Expenses | $118M |
| Cost & Expenses | $188M |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $5M |
| EBIT | $49M |
| EBITDA | $54M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$236.0K |
| Purchases of Investments | -$61M |
| Sales/Maturities of Investments | $114M |
| Other Investing Activities | $236.0K |
| NET CASH FROM INVESTING | $48M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$113M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$121M |
| FREE CASH FLOW | $50M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $186M |
| Short-Term Investments | $137M |
| Net Receivables | $134M |
| Inventory | $113M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $640M |
| PP&E (Net) | $101M |
| Goodwill | $242M |
| Intangible Assets | $12M |
| Long-Term Investments | $584M |
| Tax Assets | $419M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $44M |
| Short-Term Debt | $0 |
| Deferred Revenue | $36M |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $189M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $309M |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $385M |
| TOTAL LIABILITIES | $574M |
| Common Stock | $351.0K |
| Additional Paid-In Capital | $915M |
| Retained Earnings | $563M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $26M |
| Net Debt | -$161M |
