| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $257M | $284M | $247M | -9.4% | 3.9% |
| Op. Income | $217M | $247M | $146M | -12.0% | 48.5% |
| Gross Margin | 101.3% | 102.6% | 74.9% | -1.3pp | 26.4pp |
| Net Margin | 70.4% | 72.4% | 50.0% | -2.0pp | 20.4pp |
| EPS (Diluted) | $1.64 | $1.84 | $1.10 | -10.9% | 49.1% |
| Free Cash Flow | $190M | $177M | $178M | 7.2% | 6.7% |
| Item | Amount |
|---|---|
| REVENUE | $257M |
| Cost of Revenue | -$3M |
| GROSS PROFIT | $260M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $20M |
| Operating Expenses | $43M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $217M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $217M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $181M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $181M |
| D&A | $801.0K |
| EBIT | $219M |
| EBITDA | $220M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $257M |
| Cost of Revenue | -$3M |
| GROSS PROFIT | $260M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $20M |
| Operating Expenses | $43M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $217M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $217M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $181M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $181M |
| D&A | $801.0K |
| EBIT | $219M |
| EBITDA | $220M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $181M |
| Depreciation & Amortization | $801.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | $191M |
| Capital Expenditure | -$803.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$779M |
| Sales/Maturities of Investments | $600M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$180M |
| Net Debt Issuance | $94M |
| Common Stock Repurchased | -$69M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $190M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $5.0B |
| Net Receivables | $46M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.1B |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $15M |
| Long-Term Investments | $0 |
| Tax Assets | $29M |
| Other Non-Current Assets | $4.9B |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $320M |
| TOTAL CURRENT LIABILITIES | $420M |
| Long-Term Debt | $420M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $374M |
| Other Non-Current Liabilities | -$374M |
| TOTAL NON-CURRENT LIABILITIES | $420M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $2.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $420M |
| Net Debt | $338M |
