| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.2B | 3.9% | 6.1% |
| Op. Income | $349M | $284M | $278M | 22.9% | 25.5% |
| Gross Margin | 64.7% | 63.2% | 62.0% | 1.4pp | 2.7pp |
| Net Margin | 21.8% | 20.4% | 17.8% | 1.4pp | 4.0pp |
| EPS (Diluted) | $1.52 | $1.36 | $1.15 | 11.8% | 32.2% |
| Free Cash Flow | $295M | $217M | $308M | 35.9% | -4.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $457M |
| GROSS PROFIT | $837M |
| R&D Expenses | $196M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $295M |
| Other Expenses | -$3M |
| Operating Expenses | $488M |
| Cost & Expenses | $945M |
| OPERATING INCOME | $349M |
| Interest Income | $1M |
| Interest Expense | $20M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $337M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $282M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $282M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $282M |
| D&A | $57M |
| EBIT | $357M |
| EBITDA | $414M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $457M |
| GROSS PROFIT | $837M |
| R&D Expenses | $196M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $295M |
| Other Expenses | -$3M |
| Operating Expenses | $488M |
| Cost & Expenses | $945M |
| OPERATING INCOME | $349M |
| Interest Income | $1M |
| Interest Expense | $20M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $337M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $282M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $282M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $282M |
| D&A | $57M |
| EBIT | $357M |
| EBITDA | $414M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $282M |
| Depreciation & Amortization | $57M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $368M |
| Capital Expenditure | -$73M |
| Acquisitions (Net) | -$42M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$115M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$353M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$354M |
| FREE CASH FLOW | $295M |
| Net Change in Cash | -$102M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $0 |
| Net Receivables | $735M |
| Inventory | $777M |
| Other Current Assets | $270M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $877M |
| Goodwill | $1.6B |
| Intangible Assets | $272M |
| Long-Term Investments | $70M |
| Tax Assets | $711M |
| Other Non-Current Assets | $389M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $7.8B |
| Account Payables | $287M |
| Short-Term Debt | $0 |
| Deferred Revenue | $478M |
| Other Current Liabilities | $355M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $187M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $519M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $3.4B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$442M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $7.8B |
| Total Debt | $2.0B |
| Net Debt | -$29M |
