| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $789M | $802M | $609M | -1.6% | 29.7% |
| Op. Income | $318M | $340M | $266M | -6.6% | 19.5% |
| Gross Margin | 77.9% | 78.6% | 80.9% | -0.7pp | -2.9pp |
| Net Margin | 27.6% | 28.0% | 30.3% | -0.4pp | -2.7pp |
| EPS (Diluted) | $2.75 | $2.74 | $2.15 | 0.4% | 27.9% |
| Free Cash Flow | -$144M | $560M | $58M | -125.6% | -346.3% |
| Item | Amount |
|---|---|
| REVENUE | $789M |
| Cost of Revenue | $174M |
| GROSS PROFIT | $615M |
| R&D Expenses | $0 |
| Selling & Marketing | $77M |
| General & Administrative | $144M |
| SG&A Expenses | $220M |
| Other Expenses | $77M |
| Operating Expenses | $297M |
| Cost & Expenses | $472M |
| OPERATING INCOME | $318M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $295M |
| Income Tax Expense | $77M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $218M |
| D&A | $77M |
| EBIT | $317M |
| EBITDA | $394M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $789M |
| Cost of Revenue | $174M |
| GROSS PROFIT | $615M |
| R&D Expenses | $0 |
| Selling & Marketing | $77M |
| General & Administrative | $144M |
| SG&A Expenses | $220M |
| Other Expenses | $77M |
| Operating Expenses | $297M |
| Cost & Expenses | $472M |
| OPERATING INCOME | $318M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $295M |
| Income Tax Expense | $77M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $218M |
| D&A | $77M |
| EBIT | $317M |
| EBITDA | $394M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $218M |
| Depreciation & Amortization | $77M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $351M |
| Change in Working Capital | -$793M |
| OPERATING CASH FLOW | -$112M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | -$36M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | $364M |
| Common Stock Repurchased | -$423M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$337.0K |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | -$144M |
| Net Change in Cash | -$161M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $2.3B |
| Inventory | $0 |
| Other Current Assets | $2.2B |
| TOTAL CURRENT ASSETS | $6.2B |
| PP&E (Net) | $254M |
| Goodwill | $5.2B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $71M |
| Tax Assets | $0 |
| Other Non-Current Assets | $225M |
| TOTAL NON-CURRENT ASSETS | $8.0B |
| TOTAL ASSETS | $14.2B |
| Account Payables | $2.0B |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $1.6B |
| Other Current Liabilities | $245M |
| TOTAL CURRENT LIABILITIES | $6.1B |
| Long-Term Debt | $4.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $589M |
| Other Non-Current Liabilities | $220M |
| TOTAL NON-CURRENT LIABILITIES | $5.2B |
| TOTAL LIABILITIES | $11.3B |
| Common Stock | $127.0K |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $6.5B |
| Treasury Stock | -$5.2B |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $14.2B |
| Total Debt | $6.3B |
| Net Debt | $5.0B |
