| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.3B | $1.6B | 11.7% | -8.6% |
| Op. Income | $641M | $440M | $886M | 45.9% | -27.6% |
| Gross Margin | 67.0% | 62.9% | 73.3% | 4.1pp | -6.3pp |
| Net Margin | 33.9% | 25.0% | 40.7% | 9.0pp | -6.7pp |
| EPS (Diluted) | $1.95 | $1.28 | $2.50 | 52.3% | -22.0% |
| Free Cash Flow | $527M | $422M | $605M | 24.9% | -13.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $485M |
| GROSS PROFIT | $986M |
| R&D Expenses | $73M |
| Selling & Marketing | $147M |
| General & Administrative | $118M |
| SG&A Expenses | $265M |
| Other Expenses | $7M |
| Operating Expenses | $345M |
| Cost & Expenses | $830M |
| OPERATING INCOME | $641M |
| Interest Income | $500.0K |
| Interest Expense | $26M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $622M |
| Income Tax Expense | $123M |
| Net Income from Continuing Ops | $499M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $499M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $499M |
| D&A | $108M |
| EBIT | $648M |
| EBITDA | $756M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $485M |
| GROSS PROFIT | $986M |
| R&D Expenses | $73M |
| Selling & Marketing | $147M |
| General & Administrative | $118M |
| SG&A Expenses | $265M |
| Other Expenses | $7M |
| Operating Expenses | $345M |
| Cost & Expenses | $830M |
| OPERATING INCOME | $641M |
| Interest Income | $500.0K |
| Interest Expense | $26M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $622M |
| Income Tax Expense | $123M |
| Net Income from Continuing Ops | $499M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $499M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $499M |
| D&A | $108M |
| EBIT | $648M |
| EBITDA | $756M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $499M |
| Depreciation & Amortization | $108M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$39M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $564M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | -$157M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | -$174M |
| Net Debt Issuance | $40M |
| Common Stock Repurchased | -$189M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$144M |
| FREE CASH FLOW | $527M |
| Net Change in Cash | $251M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $976M |
| Inventory | $518M |
| Other Current Assets | $561M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $554M |
| Goodwill | $3.3B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $245M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $9.3B |
| Account Payables | $202M |
| Short-Term Debt | $249M |
| Deferred Revenue | $192M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $20M |
| Deferred Tax Liabilities | $243M |
| Other Non-Current Liabilities | $383M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $6.0B |
| Retained Earnings | $798M |
| Treasury Stock | -$2.2B |
| Accum. Other Comp. Income | -$89M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $9.3B |
| Total Debt | $3.1B |
| Net Debt | $1.7B |
