| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $587M | $626M | $412M | -6.3% | 42.6% |
| Op. Income | $160M | $203M | $65M | -21.2% | 147.5% |
| Gross Margin | 63.4% | 63.9% | 55.7% | -0.5pp | 7.7pp |
| Net Margin | 26.4% | 24.5% | 44.6% | 1.9pp | -18.2pp |
| EPS (Diluted) | $2.57 | $2.42 | $2.69 | 6.2% | -4.5% |
| Free Cash Flow | $192M | $98M | $99M | 95.0% | 93.0% |
| Item | Amount |
|---|---|
| REVENUE | $587M |
| Cost of Revenue | $215M |
| GROSS PROFIT | $372M |
| R&D Expenses | $0 |
| Selling & Marketing | $22.3K |
| General & Administrative | $212M |
| SG&A Expenses | $212M |
| Other Expenses | $0 |
| Operating Expenses | $212M |
| Cost & Expenses | $427M |
| OPERATING INCOME | $160M |
| Interest Income | $62.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $153M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $155M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $155M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $155M |
| D&A | $8M |
| EBIT | $162M |
| EBITDA | $170M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $587M |
| Cost of Revenue | $215M |
| GROSS PROFIT | $372M |
| R&D Expenses | $0 |
| Selling & Marketing | $22.3K |
| General & Administrative | $212M |
| SG&A Expenses | $212M |
| Other Expenses | $0 |
| Operating Expenses | $212M |
| Cost & Expenses | $427M |
| OPERATING INCOME | $160M |
| Interest Income | $62.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $153M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $155M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $155M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $155M |
| D&A | $8M |
| EBIT | $162M |
| EBITDA | $170M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $155M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$64M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $89M |
| OPERATING CASH FLOW | $212M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $85M |
| Common Stock Repurchased | -$501M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$265.0K |
| NET CASH FROM FINANCING | -$417M |
| FREE CASH FLOW | $192M |
| Net Change in Cash | -$225M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $213M |
| Short-Term Investments | $0 |
| Net Receivables | $217M |
| Inventory | $214M |
| Other Current Assets | $65.0K |
| TOTAL CURRENT ASSETS | $667M |
| PP&E (Net) | $269M |
| Goodwill | $2M |
| Intangible Assets | $29M |
| Long-Term Investments | $4M |
| Tax Assets | $567M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $878M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $162M |
| Short-Term Debt | $43M |
| Deferred Revenue | $100.0K |
| Other Current Liabilities | $104M |
| TOTAL CURRENT LIABILITIES | $388M |
| Long-Term Debt | $771M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $176.0K |
| Other Non-Current Liabilities | $222M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $496M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$77M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $964M |
| Net Debt | $750M |
