| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $443M | $436M | $437M | 1.6% | 1.4% |
| Op. Income | $207M | $199M | $196M | 4.0% | 5.6% |
| Gross Margin | 78.6% | 76.6% | 75.1% | 1.9pp | 3.5pp |
| Net Margin | 35.0% | 34.4% | 33.2% | 0.6pp | 1.8pp |
| EPS (Diluted) | $0.93 | $0.91 | $0.87 | 2.2% | 6.9% |
| Free Cash Flow | $184M | $214M | $124M | -14.0% | 48.4% |
| Item | Amount |
|---|---|
| REVENUE | $443M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $348M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $111M |
| SG&A Expenses | $111M |
| Other Expenses | $30M |
| Operating Expenses | $141M |
| Cost & Expenses | $236M |
| OPERATING INCOME | $207M |
| Interest Income | $429M |
| Interest Expense | $97M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $207M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $155M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $155M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | $5M |
| EBIT | $207M |
| EBITDA | $212M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $443M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $348M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $111M |
| SG&A Expenses | $111M |
| Other Expenses | $30M |
| Operating Expenses | $141M |
| Cost & Expenses | $236M |
| OPERATING INCOME | $207M |
| Interest Income | $429M |
| Interest Expense | $97M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $207M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $155M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $155M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | $5M |
| EBIT | $207M |
| EBITDA | $212M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $155M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $185M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$269M |
| Sales/Maturities of Investments | $163M |
| Other Investing Activities | -$961M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | -$1.2B |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$79M |
| Other Financing Activities | $2.9B |
| NET CASH FROM FINANCING | $1.6B |
| FREE CASH FLOW | $184M |
| Net Change in Cash | $689M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $4.6B |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.2B |
| PP&E (Net) | $509M |
| Goodwill | $2.4B |
| Intangible Assets | $0 |
| Long-Term Investments | $44.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.0B |
| TOTAL NON-CURRENT ASSETS | $51.8B |
| TOTAL ASSETS | $61.0B |
| Account Payables | $0 |
| Short-Term Debt | $800M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $38.0B |
| TOTAL CURRENT LIABILITIES | $38.8B |
| Long-Term Debt | $14.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $562M |
| TOTAL NON-CURRENT LIABILITIES | $15.3B |
| TOTAL LIABILITIES | $54.1B |
| Common Stock | $5M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $809M |
| Treasury Stock | -$231M |
| Accum. Other Comp. Income | -$284M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.9B |
| TOTAL LIABILITIES & EQUITY | $61.0B |
| Total Debt | $15.6B |
| Net Debt | $12.7B |
