| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $672M | $639M | $614M | 5.2% | 9.4% |
| Op. Income | $266M | $280M | $44M | -5.0% | 504.5% |
| Gross Margin | 85.3% | 86.4% | 84.2% | -1.1pp | 1.1pp |
| Net Margin | 28.9% | 27.9% | 37.6% | 1.0pp | -8.8pp |
| EPS (Diluted) | $0.33 | $0.30 | $0.36 | 10.0% | -8.3% |
| Free Cash Flow | $355M | $291M | -$1.8B | 22.0% | 120.1% |
| Item | Amount |
|---|---|
| REVENUE | $672M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $573M |
| R&D Expenses | $68M |
| Selling & Marketing | $148M |
| General & Administrative | $52M |
| SG&A Expenses | $200M |
| Other Expenses | $39M |
| Operating Expenses | $307M |
| Cost & Expenses | $406M |
| OPERATING INCOME | $266M |
| Interest Income | $1M |
| Interest Expense | $35M |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $289M |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $208M |
| Net Income from Discontinued Ops | -$14M |
| Other Adjustments | $0 |
| NET INCOME | $194M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $194M |
| D&A | $37M |
| EBIT | $324M |
| EBITDA | $361M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $672M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $573M |
| R&D Expenses | $68M |
| Selling & Marketing | $148M |
| General & Administrative | $52M |
| SG&A Expenses | $200M |
| Other Expenses | $39M |
| Operating Expenses | $307M |
| Cost & Expenses | $406M |
| OPERATING INCOME | $266M |
| Interest Income | $1M |
| Interest Expense | $35M |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $289M |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $208M |
| Net Income from Discontinued Ops | -$14M |
| Other Adjustments | $0 |
| NET INCOME | $194M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $194M |
| D&A | $37M |
| EBIT | $324M |
| EBITDA | $361M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $194M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$58M |
| Change in Working Capital | $173M |
| OPERATING CASH FLOW | $356M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$344M |
| Purchases of Investments | $100M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$233M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | -$166M |
| Common Dividends Paid | -$73M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$245M |
| FREE CASH FLOW | $355M |
| Net Change in Cash | -$113M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $933M |
| Short-Term Investments | $18M |
| Net Receivables | $148M |
| Inventory | $0 |
| Other Current Assets | $344M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $154M |
| Goodwill | $2.9B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $185M |
| Tax Assets | $355M |
| Other Non-Current Assets | $146M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $52M |
| Short-Term Debt | $339M |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $317M |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $55M |
| Deferred Tax Liabilities | $137M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $2.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $47M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$500M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$500M |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $3.7B |
| Net Debt | $2.8B |
