| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $370M | $364M | $346M | 1.5% | 7.1% |
| Op. Income | $93M | $85M | $89M | 9.8% | 4.8% |
| Gross Margin | 46.4% | 45.5% | 47.5% | 0.9pp | -1.0pp |
| Net Margin | 18.8% | 17.9% | 19.7% | 0.9pp | -0.9pp |
| EPS (Diluted) | $1.31 | $1.21 | $1.26 | 8.3% | 4.0% |
| Free Cash Flow | -$9M | $55M | $60M | -115.8% | -114.6% |
| Item | Amount |
|---|---|
| REVENUE | $370M |
| Cost of Revenue | $198M |
| GROSS PROFIT | $172M |
| R&D Expenses | $33M |
| Selling & Marketing | $20M |
| General & Administrative | $31M |
| SG&A Expenses | $51M |
| Other Expenses | -$6M |
| Operating Expenses | $79M |
| Cost & Expenses | $277M |
| OPERATING INCOME | $93M |
| Interest Income | $0 |
| Interest Expense | $70.0K |
| Other Income/Expenses | -$306.0K |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $23M |
| EBIT | $87M |
| EBITDA | $111M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $370M |
| Cost of Revenue | $198M |
| GROSS PROFIT | $172M |
| R&D Expenses | $33M |
| Selling & Marketing | $20M |
| General & Administrative | $31M |
| SG&A Expenses | $51M |
| Other Expenses | -$6M |
| Operating Expenses | $79M |
| Cost & Expenses | $277M |
| OPERATING INCOME | $93M |
| Interest Income | $0 |
| Interest Expense | $70.0K |
| Other Income/Expenses | -$306.0K |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $23M |
| EBIT | $87M |
| EBITDA | $111M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$99M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$475M |
| Sales/Maturities of Investments | $506M |
| Other Investing Activities | -$736.0K |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$964.0K |
| Common Stock Repurchased | -$79M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$724.0K |
| NET CASH FROM FINANCING | -$80M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $643M |
| Short-Term Investments | $774M |
| Net Receivables | $257M |
| Inventory | $485M |
| Other Current Assets | $83M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $625M |
| Goodwill | $40M |
| Intangible Assets | $50M |
| Long-Term Investments | $0 |
| Tax Assets | $50M |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $816M |
| TOTAL ASSETS | $3.1B |
| Account Payables | $46M |
| Short-Term Debt | $17M |
| Deferred Revenue | $94M |
| Other Current Liabilities | $62M |
| TOTAL CURRENT LIABILITIES | $280M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $95M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $110M |
| TOTAL LIABILITIES | $390M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $918M |
| Retained Earnings | $2.5B |
| Treasury Stock | -$517M |
| Accum. Other Comp. Income | -$229M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $1M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $39M |
| Net Debt | -$604M |
