| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $501M | $538M | $303M | -6.9% | 65.4% |
| Op. Income | $140M | $158M | $69M | -11.5% | 104.3% |
| Gross Margin | 36.7% | 36.8% | 38.3% | -0.2pp | -1.6pp |
| Net Margin | 19.8% | 22.0% | 19.5% | -2.2pp | 0.3pp |
| EPS (Diluted) | $1.44 | $1.71 | $0.90 | -15.8% | 60.0% |
| Free Cash Flow | $270M | $304M | $173M | -11.4% | 55.6% |
| Item | Amount |
|---|---|
| REVENUE | $501M |
| Cost of Revenue | $317M |
| GROSS PROFIT | $184M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $17M |
| Operating Expenses | $43M |
| Cost & Expenses | $360M |
| OPERATING INCOME | $140M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$473.0K |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $40M |
| 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 | $99M |
| D&A | $4M |
| EBIT | $140M |
| EBITDA | $144M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $501M |
| Cost of Revenue | $317M |
| GROSS PROFIT | $184M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $17M |
| Operating Expenses | $43M |
| Cost & Expenses | $360M |
| OPERATING INCOME | $140M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$473.0K |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $40M |
| 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 | $99M |
| D&A | $4M |
| EBIT | $140M |
| EBITDA | $144M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $99M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $164M |
| OPERATING CASH FLOW | $273M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$97M |
| Sales/Maturities of Investments | $123M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $22M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$60M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$84M |
| FREE CASH FLOW | $270M |
| Net Change in Cash | $213M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $847M |
| Short-Term Investments | $0 |
| Net Receivables | $227M |
| Inventory | $0 |
| Other Current Assets | $373.0K |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $198M |
| Goodwill | $671M |
| Intangible Assets | $195M |
| Long-Term Investments | $209M |
| Tax Assets | $28M |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $67M |
| Short-Term Debt | $0 |
| Deferred Revenue | $28M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $812M |
| Long-Term Debt | $818.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $52.0K |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $230M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $68.0K |
| Additional Paid-In Capital | $804M |
| Retained Earnings | $600M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $175M |
| Net Debt | -$672M |
