| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $561M | $1.1B | $375M | -47.9% | 49.7% |
| Op. Income | $55M | $329M | $17M | -83.4% | 228.1% |
| Gross Margin | 53.2% | 57.0% | 51.5% | -3.7pp | 1.7pp |
| Net Margin | 6.0% | 23.7% | 4.3% | -17.7pp | 1.7pp |
| EPS (Diluted) | $0.20 | $1.50 | $0.10 | -86.9% | 107.0% |
| Free Cash Flow | $63M | $530M | $39M | -88.1% | 62.4% |
| Item | Amount |
|---|---|
| REVENUE | $561M |
| Cost of Revenue | $263M |
| GROSS PROFIT | $299M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $244M |
| Other Expenses | $0 |
| Operating Expenses | $244M |
| Cost & Expenses | $507M |
| OPERATING INCOME | $55M |
| Interest Income | $918.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $10M |
| EBIT | $56M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $561M |
| Cost of Revenue | $263M |
| GROSS PROFIT | $299M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $244M |
| Other Expenses | $0 |
| Operating Expenses | $244M |
| Cost & Expenses | $507M |
| OPERATING INCOME | $55M |
| Interest Income | $918.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $10M |
| EBIT | $56M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $74M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | -$99M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$229.0K |
| NET CASH FROM FINANCING | -$128M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | -$67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $233M |
| Inventory | $278M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $393M |
| Goodwill | $14M |
| Intangible Assets | $42M |
| Long-Term Investments | $0 |
| Tax Assets | $37M |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $517M |
| TOTAL ASSETS | $2.2B |
| Account Payables | $232M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $468M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $79M |
| TOTAL NON-CURRENT LIABILITIES | $255M |
| TOTAL LIABILITIES | $723M |
| Common Stock | $279.0K |
| Additional Paid-In Capital | $203M |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $223M |
| Net Debt | -$866M |
