| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $316M | $324M | $346M | -2.4% | -8.6% |
| Op. Income | $121M | $117M | $143M | 3.7% | -14.8% |
| Gross Margin | 96.2% | 97.9% | 95.5% | -1.7pp | 0.7pp |
| Net Margin | 28.9% | 27.3% | 31.2% | 1.6pp | -2.3pp |
| EPS (Diluted) | $0.42 | $0.41 | $0.49 | 2.4% | -14.3% |
| Free Cash Flow | $272M | $119M | $388M | 128.6% | -30.0% |
| Item | Amount |
|---|---|
| REVENUE | $316M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $304M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $120M |
| SG&A Expenses | $123M |
| Other Expenses | $60M |
| Operating Expenses | $182M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $121M |
| Interest Income | $236M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $8M |
| EBIT | $121M |
| EBITDA | $129M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $316M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $304M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $120M |
| SG&A Expenses | $123M |
| Other Expenses | $60M |
| Operating Expenses | $182M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $121M |
| Interest Income | $236M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $8M |
| EBIT | $121M |
| EBITDA | $129M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $91M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $170M |
| OPERATING CASH FLOW | $275M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$132M |
| Sales/Maturities of Investments | $126M |
| Other Investing Activities | -$425M |
| NET CASH FROM INVESTING | -$434M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$46M |
| Other Financing Activities | $112M |
| NET CASH FROM FINANCING | $63M |
| FREE CASH FLOW | $272M |
| Net Change in Cash | -$96M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.7B |
| Short-Term Investments | $3.6B |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.8B |
| PP&E (Net) | $255M |
| Goodwill | $0 |
| Intangible Assets | $174M |
| Long-Term Investments | $21.6B |
| Tax Assets | $39M |
| Other Non-Current Assets | $747M |
| TOTAL NON-CURRENT ASSETS | $22.8B |
| TOTAL ASSETS | $30.6B |
| Account Payables | $0 |
| Short-Term Debt | $500M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $26.7B |
| TOTAL CURRENT LIABILITIES | $27.2B |
| Long-Term Debt | $400M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $329M |
| TOTAL NON-CURRENT LIABILITIES | $830M |
| TOTAL LIABILITIES | $28.0B |
| Common Stock | $3.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$652M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$184M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $30.6B |
| Total Debt | $1.0B |
| Net Debt | -$1.7B |
