| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $802M | $755M | $617M | 6.2% | 30.0% |
| Op. Income | $340M | $339M | $294M | 0.5% | 15.8% |
| Gross Margin | 78.6% | 80.2% | 80.3% | -1.6pp | -1.7pp |
| Net Margin | 28.0% | 31.0% | 34.0% | -2.9pp | -5.9pp |
| EPS (Diluted) | $2.74 | $2.80 | $2.44 | -2.1% | 12.3% |
| Free Cash Flow | $560M | $214M | $234M | 161.4% | 139.0% |
| Item | Amount |
|---|---|
| REVENUE | $802M |
| Cost of Revenue | $172M |
| GROSS PROFIT | $631M |
| R&D Expenses | $0 |
| Selling & Marketing | $76M |
| General & Administrative | $141M |
| SG&A Expenses | $216M |
| Other Expenses | $74M |
| Operating Expenses | $290M |
| Cost & Expenses | $462M |
| OPERATING INCOME | $340M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $302M |
| Income Tax Expense | $77M |
| Net Income from Continuing Ops | $225M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $225M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $225M |
| D&A | $75M |
| EBIT | $324M |
| EBITDA | $399M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $802M |
| Cost of Revenue | $172M |
| GROSS PROFIT | $631M |
| R&D Expenses | $0 |
| Selling & Marketing | $76M |
| General & Administrative | $141M |
| SG&A Expenses | $216M |
| Other Expenses | $74M |
| Operating Expenses | $290M |
| Cost & Expenses | $462M |
| OPERATING INCOME | $340M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $302M |
| Income Tax Expense | $77M |
| Net Income from Continuing Ops | $225M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $225M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $225M |
| D&A | $75M |
| EBIT | $324M |
| EBITDA | $399M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $225M |
| Depreciation & Amortization | $75M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $30M |
| Change in Working Capital | $245M |
| OPERATING CASH FLOW | $598M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | -$57M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$94M |
| Net Debt Issuance | $315M |
| Common Stock Repurchased | -$533M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$235M |
| FREE CASH FLOW | $560M |
| Net Change in Cash | $242M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $1.8B |
| Inventory | $0 |
| Other Current Assets | $1.8B |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $236M |
| Goodwill | $5.1B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $52M |
| Tax Assets | $0 |
| Other Non-Current Assets | $214M |
| TOTAL NON-CURRENT ASSETS | $7.9B |
| TOTAL ASSETS | $13.4B |
| Account Payables | $1.4B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | $209M |
| TOTAL CURRENT LIABILITIES | $5.3B |
| Long-Term Debt | $4.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $566M |
| Other Non-Current Liabilities | $221M |
| TOTAL NON-CURRENT LIABILITIES | $5.2B |
| TOTAL LIABILITIES | $10.5B |
| Common Stock | $127.0K |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $6.3B |
| Treasury Stock | -$4.8B |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $13.4B |
| Total Debt | $6.0B |
| Net Debt | $4.5B |
