| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $324M | $344M | $355M | -5.8% | -8.7% |
| Op. Income | $123M | $138M | $85M | -10.9% | 44.7% |
| Gross Margin | 94.1% | 93.6% | 84.8% | 0.5pp | 9.3pp |
| Net Margin | 30.6% | 32.3% | 20.3% | -1.7pp | 10.2pp |
| EPS (Diluted) | $0.30 | $0.34 | $0.22 | -11.8% | 36.4% |
| Free Cash Flow | $131M | $73M | $186M | 79.5% | -29.6% |
| Item | Amount |
|---|---|
| REVENUE | $324M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $305M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $109M |
| SG&A Expenses | $123M |
| Other Expenses | $59M |
| Operating Expenses | $182M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $123M |
| Interest Income | $245M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $11M |
| EBIT | $123M |
| EBITDA | $134M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $324M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $305M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $109M |
| SG&A Expenses | $123M |
| Other Expenses | $59M |
| Operating Expenses | $182M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $123M |
| Interest Income | $245M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $11M |
| EBIT | $123M |
| EBITDA | $134M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $99M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $28M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $146M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$931M |
| Sales/Maturities of Investments | $411M |
| Other Investing Activities | -$242M |
| NET CASH FROM INVESTING | -$777M |
| Net Debt Issuance | -$231M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$39M |
| Other Financing Activities | $286M |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | $131M |
| Net Change in Cash | -$617M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.5B |
| Short-Term Investments | $3.4B |
| Net Receivables | $480M |
| Inventory | $0 |
| Other Current Assets | -$300.0K |
| TOTAL CURRENT ASSETS | $7.4B |
| PP&E (Net) | $345M |
| Goodwill | $2.3B |
| Intangible Assets | $42M |
| Long-Term Investments | $27.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $32.1B |
| TOTAL ASSETS | $39.5B |
| Account Payables | $0 |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $31.7B |
| TOTAL CURRENT LIABILITIES | $33.1B |
| Long-Term Debt | $812M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $419M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $34.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$117M |
| Accum. Other Comp. Income | -$62M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $39.5B |
| Total Debt | $2.2B |
| Net Debt | -$1.3B |
