| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $373M | $501M | $211M | -25.6% | 76.5% |
| Op. Income | $108M | $140M | $43M | -23.2% | 152.8% |
| Gross Margin | 37.7% | 36.7% | 35.1% | 1.0pp | 2.6pp |
| Net Margin | 23.1% | 19.8% | 21.8% | 3.2pp | 1.2pp |
| EPS (Diluted) | $1.25 | $1.44 | $0.69 | -13.2% | 81.2% |
| Free Cash Flow | -$91M | $270M | -$119M | -133.9% | 22.9% |
| Item | Amount |
|---|---|
| REVENUE | $373M |
| Cost of Revenue | $232M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $9M |
| Operating Expenses | $33M |
| Cost & Expenses | $265M |
| OPERATING INCOME | $108M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $101.0K |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $4M |
| EBIT | $108M |
| EBITDA | $112M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $373M |
| Cost of Revenue | $232M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $9M |
| Operating Expenses | $33M |
| Cost & Expenses | $265M |
| OPERATING INCOME | $108M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $101.0K |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $4M |
| EBIT | $108M |
| EBITDA | $112M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $86M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$216M |
| OPERATING CASH FLOW | -$90M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $180M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $159M |
| Net Debt Issuance | -$74.0K |
| Common Stock Repurchased | -$67M |
| Common Dividends Paid | -$31M |
| Other Financing Activities | -$35M |
| NET CASH FROM FINANCING | -$134M |
| FREE CASH FLOW | -$91M |
| Net Change in Cash | -$65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $782M |
| Short-Term Investments | $0 |
| Net Receivables | $179M |
| Inventory | $0 |
| Other Current Assets | $373.0K |
| TOTAL CURRENT ASSETS | $961M |
| PP&E (Net) | $192M |
| Goodwill | $672M |
| Intangible Assets | $194M |
| Long-Term Investments | $48M |
| Tax Assets | $33M |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $70M |
| Short-Term Debt | $0 |
| Deferred Revenue | $30M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $550M |
| Long-Term Debt | $744.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $21.0K |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $215M |
| TOTAL LIABILITIES | $764M |
| Common Stock | $69.0K |
| Additional Paid-In Capital | $746M |
| Retained Earnings | $657M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $169M |
| Net Debt | -$613M |
