| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $714M | $1.0B | $679M | -29.4% | 5.3% |
| Op. Income | $160M | $268M | $134M | -40.5% | 18.9% |
| Gross Margin | 44.4% | 44.6% | 40.8% | -0.2pp | 3.6pp |
| Net Margin | 15.9% | 20.8% | 12.9% | -4.9pp | 3.1pp |
| EPS (Diluted) | $1.05 | $1.86 | $0.75 | -43.5% | 40.0% |
| Free Cash Flow | -$227M | $438M | -$131M | -151.8% | -73.5% |
| Item | Amount |
|---|---|
| REVENUE | $714M |
| Cost of Revenue | $397M |
| GROSS PROFIT | $318M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $77M |
| SG&A Expenses | $91M |
| Other Expenses | $67M |
| Operating Expenses | $158M |
| Cost & Expenses | $555M |
| OPERATING INCOME | $160M |
| Interest Income | $2M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $160M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $10M |
| EBIT | $182M |
| EBITDA | $191M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $714M |
| Cost of Revenue | $397M |
| GROSS PROFIT | $318M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $77M |
| SG&A Expenses | $91M |
| Other Expenses | $67M |
| Operating Expenses | $158M |
| Cost & Expenses | $555M |
| OPERATING INCOME | $160M |
| Interest Income | $2M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $160M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $10M |
| EBIT | $182M |
| EBITDA | $191M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $121M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $91M |
| Deferred Income Tax | $26M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$479M |
| OPERATING CASH FLOW | -$214M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $2.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $191.0K |
| Other Investing Activities | -$191.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$176M |
| Common Dividends Paid | -$47M |
| Other Financing Activities | $203M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | -$227M |
| Net Change in Cash | -$298M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $878M |
| Short-Term Investments | $1.6B |
| Net Receivables | $817M |
| Inventory | $0 |
| Other Current Assets | $615M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $702M |
| Goodwill | $379M |
| Intangible Assets | $135.0K |
| Long-Term Investments | $870M |
| Tax Assets | $429M |
| Other Non-Current Assets | $520M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | -$1.7B |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.6B |
| Treasury Stock | -$497M |
| Accum. Other Comp. Income | -$238M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $850M |
| Minority Interest | $695M |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $2.2B |
| Net Debt | $1.3B |
