| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $233M | $248M | $210M | -6.0% | 10.7% |
| Op. Income | $41M | $65M | -$27M | -36.3% | 251.1% |
| Gross Margin | 60.4% | 62.4% | 47.8% | -2.0pp | 12.6pp |
| Net Margin | 11.0% | 17.0% | -17.0% | -6.0pp | 28.0pp |
| EPS (Diluted) | $0.73 | $1.22 | $-1.05 | -40.2% | 169.5% |
| Free Cash Flow | $63M | $100M | $95M | -37.5% | -34.1% |
| Item | Amount |
|---|---|
| REVENUE | $233M |
| Cost of Revenue | $92M |
| GROSS PROFIT | $141M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $17M |
| Operating Expenses | $99M |
| Cost & Expenses | $191M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $15M |
| EBIT | $35M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $233M |
| Cost of Revenue | $92M |
| GROSS PROFIT | $141M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $17M |
| Operating Expenses | $99M |
| Cost & Expenses | $191M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $15M |
| EBIT | $35M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$114M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $600.0K |
| NET CASH FROM FINANCING | -$127M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | -$68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $0 |
| Net Receivables | $199M |
| Inventory | $6M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $280M |
| PP&E (Net) | $61M |
| Goodwill | $410M |
| Intangible Assets | $72M |
| Long-Term Investments | $0 |
| Tax Assets | $32M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $604M |
| TOTAL ASSETS | $883M |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $36M |
| Other Current Liabilities | $85M |
| TOTAL CURRENT LIABILITIES | $261M |
| Long-Term Debt | $124M |
| Deferred Revenue NC | -$38M |
| Deferred Tax Liabilities | $38M |
| Other Non-Current Liabilities | $76M |
| TOTAL NON-CURRENT LIABILITIES | $245M |
| TOTAL LIABILITIES | $506M |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $261M |
| Retained Earnings | $251M |
| Treasury Stock | -$57M |
| Accum. Other Comp. Income | -$78M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $377M |
| Minority Interest | $0 |
| TOTAL EQUITY | $377M |
| TOTAL LIABILITIES & EQUITY | $883M |
| Total Debt | $187M |
| Net Debt | $133M |
