| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $386M | $364M | $259M | 6.1% | 48.7% |
| Op. Income | $91M | $81M | $123M | 12.5% | -26.5% |
| Gross Margin | 69.7% | 71.9% | 84.2% | -2.2pp | -14.5pp |
| Net Margin | 13.6% | 13.4% | 29.3% | 0.2pp | -15.7pp |
| EPS (Diluted) | $1.50 | $1.30 | $2.03 | 15.4% | -26.1% |
| Free Cash Flow | $143M | $139M | $110M | 3.1% | 30.5% |
| Item | Amount |
|---|---|
| REVENUE | $386M |
| Cost of Revenue | $117M |
| GROSS PROFIT | $269M |
| R&D Expenses | $0 |
| Selling & Marketing | $93M |
| General & Administrative | $35M |
| SG&A Expenses | $128M |
| Other Expenses | $50M |
| Operating Expenses | $178M |
| Cost & Expenses | $295M |
| OPERATING INCOME | $91M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $10M |
| EBIT | $68M |
| EBITDA | $78M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $386M |
| Cost of Revenue | $117M |
| GROSS PROFIT | $269M |
| R&D Expenses | $0 |
| Selling & Marketing | $93M |
| General & Administrative | $35M |
| SG&A Expenses | $128M |
| Other Expenses | $50M |
| Operating Expenses | $178M |
| Cost & Expenses | $295M |
| OPERATING INCOME | $91M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $10M |
| EBIT | $68M |
| EBITDA | $78M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $115M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | $154M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$376M |
| NET CASH FROM INVESTING | -$386M |
| Net Debt Issuance | $312M |
| Common Stock Repurchased | -$79M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $235M |
| FREE CASH FLOW | $143M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $132M |
| Short-Term Investments | $0 |
| Net Receivables | $2.3B |
| Inventory | $0 |
| Other Current Assets | $96M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $104M |
| Goodwill | $279M |
| Intangible Assets | $33M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $471M |
| TOTAL ASSETS | $3.0B |
| Account Payables | $137M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $137M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $96M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $233M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$309M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $1.7B |
| Net Debt | $1.6B |
