| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $364M | $320M | $264M | 13.6% | 37.8% |
| Op. Income | $81M | $86M | $120M | -6.4% | -32.8% |
| Gross Margin | 71.9% | 77.0% | 81.9% | -5.1pp | -10.1pp |
| Net Margin | 13.4% | 16.1% | 87.4% | -2.7pp | -74.1pp |
| EPS (Diluted) | $1.30 | $1.36 | $6.47 | -4.4% | -79.9% |
| Free Cash Flow | $139M | $98M | $108M | 42.5% | 28.8% |
| Item | Amount |
|---|---|
| REVENUE | $364M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $261M |
| R&D Expenses | $0 |
| Selling & Marketing | $108M |
| General & Administrative | $41M |
| SG&A Expenses | $148M |
| Other Expenses | $32M |
| Operating Expenses | $181M |
| Cost & Expenses | $283M |
| OPERATING INCOME | $81M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $12M |
| EBIT | $62M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $364M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $261M |
| R&D Expenses | $0 |
| Selling & Marketing | $108M |
| General & Administrative | $41M |
| SG&A Expenses | $148M |
| Other Expenses | $32M |
| Operating Expenses | $181M |
| Cost & Expenses | $283M |
| OPERATING INCOME | $81M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $12M |
| EBIT | $62M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | $76M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $147M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$453M |
| NET CASH FROM INVESTING | -$459M |
| Net Debt Issuance | $343M |
| Common Stock Repurchased | -$97M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $250M |
| FREE CASH FLOW | $139M |
| Net Change in Cash | -$62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $165M |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $0 |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $102M |
| Goodwill | $279M |
| Intangible Assets | $35M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $468M |
| TOTAL ASSETS | $2.8B |
| Account Payables | $37M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $156M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $87M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $226M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$230M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $1.4B |
| Net Debt | $1.3B |
