| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $599M | $534M | $564M | 12.2% | 6.3% |
| Op. Income | $246M | $225M | $251M | 9.5% | -2.2% |
| Gross Margin | 86.8% | 88.2% | 88.2% | -1.4pp | -1.4pp |
| Net Margin | 43.3% | 35.0% | 48.0% | 8.3pp | -4.7pp |
| EPS (Diluted) | $1.98 | $1.40 | $1.95 | 41.4% | 1.5% |
| Free Cash Flow | $311M | $246M | $300M | 26.1% | 3.7% |
| Item | Amount |
|---|---|
| REVENUE | $599M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $520M |
| R&D Expenses | $86M |
| Selling & Marketing | $161M |
| General & Administrative | $28M |
| SG&A Expenses | $189M |
| Other Expenses | $0 |
| Operating Expenses | $274M |
| Cost & Expenses | $353M |
| OPERATING INCOME | $246M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $256M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $260M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $260M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $260M |
| D&A | $9M |
| EBIT | $246M |
| EBITDA | $255M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $599M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $520M |
| R&D Expenses | $86M |
| Selling & Marketing | $161M |
| General & Administrative | $28M |
| SG&A Expenses | $189M |
| Other Expenses | $0 |
| Operating Expenses | $274M |
| Cost & Expenses | $353M |
| OPERATING INCOME | $246M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $256M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $260M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $260M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $260M |
| D&A | $9M |
| EBIT | $246M |
| EBITDA | $255M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $260M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $315M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $160M |
| NET CASH FROM INVESTING | $156M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$325M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$319M |
| FREE CASH FLOW | $311M |
| Net Change in Cash | -$3.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $272M |
| Short-Term Investments | $1.4B |
| Net Receivables | $598M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $83M |
| Goodwill | $1.2B |
| Intangible Assets | $61M |
| Long-Term Investments | $2.1B |
| Tax Assets | $52M |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $450M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $481M |
| TOTAL NON-CURRENT LIABILITIES | $931M |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $800.0K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $11.5B |
| Treasury Stock | -$10.6B |
| Accum. Other Comp. Income | -$600.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $0 |
| Net Debt | -$272M |
