| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $462M | $666M | $399M | -30.6% | 15.9% |
| Op. Income | $44M | $81M | $33M | -46.0% | 33.4% |
| Gross Margin | 37.8% | 30.7% | 29.2% | 7.0pp | 8.5pp |
| Net Margin | 7.1% | 8.9% | 6.4% | -1.8pp | 0.7pp |
| EPS (Diluted) | $1.45 | $2.59 | $1.13 | -44.0% | 28.3% |
| Free Cash Flow | $37M | $177M | $79M | -79.3% | -53.5% |
| Item | Amount |
|---|---|
| REVENUE | $462M |
| Cost of Revenue | $288M |
| GROSS PROFIT | $175M |
| R&D Expenses | $0 |
| Selling & Marketing | $39M |
| General & Administrative | $91M |
| SG&A Expenses | $131M |
| Other Expenses | $0 |
| Operating Expenses | $131M |
| Cost & Expenses | $419M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $666.0K |
| Other Income/Expenses | -$666.0K |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $4M |
| EBIT | $45M |
| EBITDA | $49M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $462M |
| Cost of Revenue | $288M |
| GROSS PROFIT | $175M |
| R&D Expenses | $0 |
| Selling & Marketing | $39M |
| General & Administrative | $91M |
| SG&A Expenses | $131M |
| Other Expenses | $0 |
| Operating Expenses | $131M |
| Cost & Expenses | $419M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $666.0K |
| Other Income/Expenses | -$666.0K |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $4M |
| EBIT | $45M |
| EBITDA | $49M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $849.0K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$22M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $122.0K |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $222M |
| Short-Term Investments | $0 |
| Net Receivables | $48M |
| Inventory | $231M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $518M |
| PP&E (Net) | $280M |
| Goodwill | $196M |
| Intangible Assets | $6M |
| Long-Term Investments | $150.0K |
| Tax Assets | $32M |
| Other Non-Current Assets | -$24M |
| TOTAL NON-CURRENT ASSETS | $490M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $26M |
| Short-Term Debt | $28M |
| Deferred Revenue | $101M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $251M |
| Long-Term Debt | $47M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $162M |
| TOTAL LIABILITIES | $413M |
| Common Stock | $29.0K |
| Additional Paid-In Capital | $289M |
| Retained Earnings | $433M |
| Treasury Stock | -$127M |
| Accum. Other Comp. Income | $648.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $595M |
| Minority Interest | $0 |
| TOTAL EQUITY | $595M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $183M |
| Net Debt | -$40M |
