| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $485M | $424M | $178M | 14.4% | 173.1% |
| Op. Income | $155M | $120M | $23M | 28.5% | 571.8% |
| Gross Margin | 47.7% | 46.1% | 50.0% | 1.5pp | -2.4pp |
| Net Margin | 27.6% | 26.8% | 8.9% | 0.7pp | 18.7pp |
| EPS (Diluted) | $2.10 | $1.79 | $0.25 | 17.3% | 740.0% |
| Free Cash Flow | $117M | $83M | $28M | 41.2% | 321.2% |
| Item | Amount |
|---|---|
| REVENUE | $485M |
| Cost of Revenue | $254M |
| GROSS PROFIT | $231M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $330M |
| OPERATING INCOME | $155M |
| Interest Income | $520.0K |
| Interest Expense | $72.0K |
| Other Income/Expenses | $448.0K |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $134M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $134M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $134M |
| D&A | $5M |
| EBIT | $155M |
| EBITDA | $161M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $485M |
| Cost of Revenue | $254M |
| GROSS PROFIT | $231M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $330M |
| OPERATING INCOME | $155M |
| Interest Income | $520.0K |
| Interest Expense | $72.0K |
| Other Income/Expenses | $448.0K |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $134M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $134M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $134M |
| D&A | $5M |
| EBIT | $155M |
| EBITDA | $161M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $134M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $769.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $123M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$278M |
| Sales/Maturities of Investments | $148M |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$136M |
| Net Debt Issuance | -$126.0K |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $117M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $363M |
| Short-Term Investments | $377M |
| Net Receivables | $421M |
| Inventory | $167M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $110M |
| Goodwill | $73M |
| Intangible Assets | $43M |
| Long-Term Investments | $6M |
| Tax Assets | $16M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $250M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $155M |
| Short-Term Debt | $0 |
| Deferred Revenue | $72M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $352M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $84M |
| TOTAL NON-CURRENT LIABILITIES | $155M |
| TOTAL LIABILITIES | $506M |
| Common Stock | $550M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $949M |
| Treasury Stock | -$400M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $43M |
| Net Debt | -$320M |
