| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | $951M | 5.6% | 12.8% |
| Op. Income | $112M | $132M | $113M | -15.4% | -1.0% |
| Gross Margin | 34.5% | 35.6% | 35.4% | -1.2pp | -1.0pp |
| Net Margin | 6.8% | 10.1% | 7.9% | -3.3pp | -1.1pp |
| EPS (Diluted) | $0.38 | $0.53 | $0.38 | -28.3% | 0.0% |
| Free Cash Flow | $225M | $200M | $135M | 12.6% | 66.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $703M |
| GROSS PROFIT | $370M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $245M |
| Other Expenses | $13M |
| Operating Expenses | $258M |
| Cost & Expenses | $960M |
| OPERATING INCOME | $112M |
| Interest Income | $2M |
| Interest Expense | $16M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $41M |
| EBIT | $119M |
| EBITDA | $160M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $703M |
| GROSS PROFIT | $370M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $245M |
| Other Expenses | $13M |
| Operating Expenses | $258M |
| Cost & Expenses | $960M |
| OPERATING INCOME | $112M |
| Interest Income | $2M |
| Interest Expense | $16M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $41M |
| EBIT | $119M |
| EBITDA | $160M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | $117M |
| OPERATING CASH FLOW | $247M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | -$64M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$85M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | -$151M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$182M |
| FREE CASH FLOW | $225M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $899M |
| Short-Term Investments | $0 |
| Net Receivables | $896M |
| Inventory | $0 |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $520M |
| Goodwill | $1.7B |
| Intangible Assets | $170M |
| Long-Term Investments | $0 |
| Tax Assets | $106M |
| Other Non-Current Assets | $527M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $25M |
| Short-Term Debt | $383M |
| Deferred Revenue | $161M |
| Other Current Liabilities | $448M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $80M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $149M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $732M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$554M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $2.0B |
| Net Debt | $1.1B |
