| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | $1.5B | 6.7% | 31.9% |
| Op. Income | $720M | $672M | $453M | 7.1% | 58.8% |
| Gross Margin | 59.9% | 60.7% | 57.4% | -0.8pp | 2.5pp |
| Net Margin | 32.9% | 31.5% | 28.2% | 1.4pp | 4.7pp |
| EPS (Diluted) | $4.10 | $3.66 | $2.63 | 12.0% | 55.9% |
| Free Cash Flow | $410M | $585M | $411M | -29.9% | -0.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $772M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $241M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $192M |
| Other Expenses | $0 |
| Operating Expenses | $433M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $720M |
| Interest Income | $9M |
| Interest Expense | $40M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $709M |
| Income Tax Expense | $76M |
| Net Income from Continuing Ops | $633M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $633M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $633M |
| D&A | $85M |
| EBIT | $749M |
| EBITDA | $833M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $772M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $241M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $192M |
| Other Expenses | $0 |
| Operating Expenses | $433M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $720M |
| Interest Income | $9M |
| Interest Expense | $40M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $709M |
| Income Tax Expense | $76M |
| Net Income from Continuing Ops | $633M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $633M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $633M |
| D&A | $85M |
| EBIT | $749M |
| EBITDA | $833M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $633M |
| Depreciation & Amortization | $85M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$77M |
| Change in Working Capital | -$203M |
| OPERATING CASH FLOW | $466M |
| Capital Expenditure | -$55M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$248M |
| Sales/Maturities of Investments | $209M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$94M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$300M |
| Common Dividends Paid | -$139M |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$393M |
| FREE CASH FLOW | $410M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $1.1B |
| Net Receivables | $1.5B |
| Inventory | $1.6B |
| Other Current Assets | $84M |
| TOTAL CURRENT ASSETS | $5.7B |
| PP&E (Net) | $766M |
| Goodwill | $2.0B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $0 |
| Tax Assets | $270M |
| Other Non-Current Assets | $342M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $10.3B |
| Account Payables | $342M |
| Short-Term Debt | $20M |
| Deferred Revenue | $831M |
| Other Current Liabilities | $573M |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $88M |
| Deferred Tax Liabilities | $651M |
| Other Non-Current Liabilities | $561M |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $153.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$76M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | -$2M |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $10.3B |
| Total Debt | $3.5B |
| Net Debt | $2.1B |
