| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.1B | 2.0% | 11.9% |
| Op. Income | $184M | $41M | $193M | 348.8% | -4.7% |
| Gross Margin | 66.6% | 68.1% | 69.9% | -1.5pp | -3.3pp |
| Net Margin | 7.0% | 9.3% | 13.4% | -2.3pp | -6.4pp |
| EPS (Diluted) | $0.54 | $0.71 | $1.00 | -23.9% | -46.0% |
| Free Cash Flow | $111M | $212M | $240M | -47.6% | -53.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $408M |
| GROSS PROFIT | $815M |
| R&D Expenses | $323M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $308M |
| Other Expenses | $0 |
| Operating Expenses | $631M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $184M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $54M |
| 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 | $91M |
| EBIT | $146M |
| EBITDA | $237M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $408M |
| GROSS PROFIT | $815M |
| R&D Expenses | $323M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $308M |
| Other Expenses | $0 |
| Operating Expenses | $631M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $184M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $54M |
| 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 | $91M |
| EBIT | $146M |
| EBITDA | $237M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $86M |
| Depreciation & Amortization | $91M |
| Stock-Based Compensation | $92M |
| Deferred Income Tax | -$21M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | -$65M |
| OPERATING CASH FLOW | $172M |
| Capital Expenditure | -$61M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$74M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | $21M |
| FREE CASH FLOW | $111M |
| Net Change in Cash | $119M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $65M |
| Net Receivables | $630M |
| Inventory | $465M |
| Other Current Assets | $244M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $1.7B |
| Goodwill | $7.1B |
| Intangible Assets | $3.2B |
| Long-Term Investments | $224M |
| Tax Assets | $0 |
| Other Non-Current Assets | $233M |
| TOTAL NON-CURRENT ASSETS | $12.5B |
| TOTAL ASSETS | $15.3B |
| Account Payables | $291M |
| Short-Term Debt | $571M |
| Deferred Revenue | $232M |
| Other Current Liabilities | $124M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $61M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $784M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $9.0B |
| Retained Earnings | $5.6B |
| Treasury Stock | -$3.7B |
| Accum. Other Comp. Income | $18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.9B |
| TOTAL LIABILITIES & EQUITY | $15.3B |
| Total Debt | $2.6B |
| Net Debt | $1.3B |
