| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $635M | $579M | $518M | 9.6% | 22.7% |
| Op. Income | $160M | $139M | $113M | 14.5% | 40.9% |
| Gross Margin | 46.5% | 45.6% | 44.6% | 0.9pp | 1.9pp |
| Net Margin | 18.6% | 20.3% | 16.7% | -1.7pp | 1.9pp |
| EPS (Diluted) | $0.87 | $0.86 | $0.63 | 1.2% | 38.1% |
| Free Cash Flow | $39M | $101M | $152M | -60.9% | -74.1% |
| Item | Amount |
|---|---|
| REVENUE | $635M |
| Cost of Revenue | $340M |
| GROSS PROFIT | $295M |
| R&D Expenses | $46M |
| Selling & Marketing | $0 |
| General & Administrative | $77M |
| SG&A Expenses | $77M |
| Other Expenses | $12M |
| Operating Expenses | $136M |
| Cost & Expenses | $476M |
| OPERATING INCOME | $160M |
| Interest Income | $62.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $118M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $118M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $118M |
| D&A | $35M |
| EBIT | $158M |
| EBITDA | $193M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $635M |
| Cost of Revenue | $340M |
| GROSS PROFIT | $295M |
| R&D Expenses | $46M |
| Selling & Marketing | $0 |
| General & Administrative | $77M |
| SG&A Expenses | $77M |
| Other Expenses | $12M |
| Operating Expenses | $136M |
| Cost & Expenses | $476M |
| OPERATING INCOME | $160M |
| Interest Income | $62.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $118M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $118M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $118M |
| D&A | $35M |
| EBIT | $158M |
| EBITDA | $193M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $118M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $116M |
| Capital Expenditure | -$77M |
| Acquisitions (Net) | -$90M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $34.0K |
| NET CASH FROM INVESTING | -$166M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | -$73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $403M |
| Short-Term Investments | $0 |
| Net Receivables | $347M |
| Inventory | $475M |
| Other Current Assets | $88M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $721M |
| Goodwill | $794M |
| Intangible Assets | $335M |
| Long-Term Investments | $0 |
| Tax Assets | $18M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $131M |
| Short-Term Debt | $11M |
| Deferred Revenue | $23M |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $379M |
| Long-Term Debt | $937M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $64M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $880M |
| Retained Earnings | $880M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $1.0B |
| Net Debt | $605M |
