| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.1B | -3.3% | 14.4% |
| Op. Income | $217M | $185M | $225M | 17.2% | -3.6% |
| Gross Margin | 70.1% | 69.4% | 69.7% | 0.7pp | 0.4pp |
| Net Margin | 13.7% | 16.0% | 14.9% | -2.4pp | -1.2pp |
| EPS (Diluted) | $2.08 | $2.50 | $1.84 | -16.8% | 13.0% |
| Free Cash Flow | $150M | $214M | $145M | -29.6% | 3.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $377M |
| GROSS PROFIT | $886M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $618M |
| Other Expenses | $51M |
| Operating Expenses | $668M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $217M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $215M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $173M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $173M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $173M |
| D&A | $48M |
| EBIT | $246M |
| EBITDA | $295M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $377M |
| GROSS PROFIT | $886M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $618M |
| Other Expenses | $51M |
| Operating Expenses | $668M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $217M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $215M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $173M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $173M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $173M |
| D&A | $48M |
| EBIT | $246M |
| EBITDA | $295M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $173M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$91M |
| OPERATING CASH FLOW | $168M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$451M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$445M |
| FREE CASH FLOW | $150M |
| Net Change in Cash | -$300M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $456M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $360M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $772M |
| Goodwill | $2.9B |
| Intangible Assets | $685M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $306M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $732M |
| Short-Term Debt | $97M |
| Deferred Revenue | $2.4B |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $46M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $427M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $3.2B |
| Treasury Stock | -$5.1B |
| Accum. Other Comp. Income | -$83M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $118M |
| Minority Interest | $0 |
| TOTAL EQUITY | $118M |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $3.2B |
| Net Debt | $2.8B |
