| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $436M | $430M | $441M | 1.4% | -1.1% |
| Op. Income | $199M | $199M | $178M | 0.0% | 11.6% |
| Gross Margin | 76.6% | 77.7% | 70.8% | -1.1pp | 5.9pp |
| Net Margin | 34.4% | 34.7% | 43.0% | -0.2pp | -8.6pp |
| EPS (Diluted) | $0.91 | $0.89 | $1.16 | 2.2% | -21.6% |
| Free Cash Flow | $214M | $60M | $94M | 256.7% | 127.5% |
| Item | Amount |
|---|---|
| REVENUE | $436M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $334M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $105M |
| SG&A Expenses | $105M |
| Other Expenses | $30M |
| Operating Expenses | $135M |
| Cost & Expenses | $237M |
| OPERATING INCOME | $199M |
| Interest Income | $420M |
| Interest Expense | $98M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $199M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $5M |
| EBIT | $199M |
| EBITDA | $204M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $436M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $334M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $105M |
| SG&A Expenses | $105M |
| Other Expenses | $30M |
| Operating Expenses | $135M |
| Cost & Expenses | $237M |
| OPERATING INCOME | $199M |
| Interest Income | $420M |
| Interest Expense | $98M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $199M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $5M |
| EBIT | $199M |
| EBITDA | $204M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $150M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $57M |
| OPERATING CASH FLOW | $215M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$229M |
| Sales/Maturities of Investments | $329M |
| Other Investing Activities | -$2.1B |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$79M |
| Other Financing Activities | $438M |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | $214M |
| Net Change in Cash | -$311M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $4.6B |
| Net Receivables | $1.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.6B |
| PP&E (Net) | $270M |
| Goodwill | $2.4B |
| Intangible Assets | $0 |
| Long-Term Investments | $43.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.5B |
| TOTAL NON-CURRENT ASSETS | $50.9B |
| TOTAL ASSETS | $59.5B |
| Account Payables | $18M |
| Short-Term Debt | $4.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $35.1B |
| TOTAL CURRENT LIABILITIES | $39.6B |
| Long-Term Debt | $15.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$3.2B |
| TOTAL NON-CURRENT LIABILITIES | $12.9B |
| TOTAL LIABILITIES | $52.5B |
| Common Stock | $5M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $741M |
| Treasury Stock | -$246M |
| Accum. Other Comp. Income | -$85M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.0B |
| TOTAL LIABILITIES & EQUITY | $59.5B |
| Total Debt | $20.6B |
| Net Debt | $18.4B |
