| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.7B | $1.3B | -5.5% | 21.9% |
| Op. Income | $234M | $186M | $177M | 25.7% | 32.2% |
| Gross Margin | 59.3% | 57.8% | 58.2% | 1.5pp | 1.1pp |
| Net Margin | 12.3% | 9.1% | 10.9% | 3.2pp | 1.4pp |
| EPS (Diluted) | $0.48 | $0.37 | $0.35 | 29.7% | 37.1% |
| Free Cash Flow | $13M | $180M | $32M | -93.1% | -61.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $648M |
| GROSS PROFIT | $944M |
| R&D Expenses | $0 |
| Selling & Marketing | $405M |
| General & Administrative | $307M |
| SG&A Expenses | $711M |
| Other Expenses | -$2M |
| Operating Expenses | $709M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $234M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $246M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $196M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $196M |
| Net Income Deductions | $43.0K |
| BOTTOM LINE NET INCOME | $196M |
| D&A | $39M |
| EBIT | $250M |
| EBITDA | $289M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $648M |
| GROSS PROFIT | $944M |
| R&D Expenses | $0 |
| Selling & Marketing | $405M |
| General & Administrative | $307M |
| SG&A Expenses | $711M |
| Other Expenses | -$2M |
| Operating Expenses | $709M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $234M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $246M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $196M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $196M |
| Net Income Deductions | $43.0K |
| BOTTOM LINE NET INCOME | $196M |
| D&A | $39M |
| EBIT | $250M |
| EBITDA | $289M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $196M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $19M |
| Other Non-Cash Items | $200.0K |
| Change in Working Capital | -$182M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$74M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$74M |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | -$139M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$132M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $678M |
| Short-Term Investments | $99M |
| Net Receivables | $648M |
| Inventory | $1.0B |
| Other Current Assets | $181M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $1.6B |
| Goodwill | $378M |
| Intangible Assets | $290M |
| Long-Term Investments | $0 |
| Tax Assets | $553M |
| Other Non-Current Assets | $340M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $563M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $669M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $368M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $399.0K |
| Additional Paid-In Capital | $575M |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$411M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $2.2B |
| Net Debt | $1.5B |
