| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.2B | 0.8% | 5.6% |
| Op. Income | $218M | $231M | $250M | -5.7% | -13.0% |
| Gross Margin | 24.5% | 26.5% | 28.1% | -2.0pp | -3.6pp |
| Net Margin | 13.7% | 14.7% | 16.6% | -1.0pp | -2.9pp |
| EPS (Diluted) | $1.76 | $1.84 | $1.93 | -4.3% | -8.8% |
| Free Cash Flow | $370M | $351M | $385M | 5.5% | -3.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $979M |
| GROSS PROFIT | $318M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $76M |
| SG&A Expenses | $76M |
| Other Expenses | $25M |
| Operating Expenses | $101M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $218M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $218M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $178M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $178M |
| D&A | $0 |
| EBIT | $237M |
| EBITDA | $237M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $979M |
| GROSS PROFIT | $318M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $76M |
| SG&A Expenses | $76M |
| Other Expenses | $25M |
| Operating Expenses | $101M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $218M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $218M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $178M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $178M |
| D&A | $0 |
| EBIT | $237M |
| EBITDA | $237M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $178M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $200M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $378M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$390M |
| Sales/Maturities of Investments | $111M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$284M |
| Net Debt Issuance | $86M |
| Common Stock Repurchased | -$148M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$96M |
| FREE CASH FLOW | $370M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $21.4B |
| Net Receivables | $487M |
| Inventory | $0 |
| Other Current Assets | -$22.0B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $205M |
| Goodwill | $482M |
| Intangible Assets | $0 |
| Long-Term Investments | $21.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$22.1B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $29.8B |
| Account Payables | $413M |
| Short-Term Debt | $480M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2.7B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.5B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $21.1B |
| Common Stock | $109M |
| Additional Paid-In Capital | $521M |
| Retained Earnings | $6.2B |
| Treasury Stock | -$847M |
| Accum. Other Comp. Income | $2.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.6B |
| TOTAL LIABILITIES & EQUITY | $29.8B |
| Total Debt | $2.0B |
| Net Debt | $1.9B |
