| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.5B | $1.4B | 12.5% | 21.6% |
| Op. Income | $186M | $216M | $92M | -13.9% | 102.5% |
| Gross Margin | 57.8% | 57.6% | 55.3% | 0.3pp | 2.5pp |
| Net Margin | 9.1% | 12.9% | 4.1% | -3.8pp | 5.0pp |
| EPS (Diluted) | $0.37 | $0.47 | $0.14 | -21.3% | 164.3% |
| Free Cash Flow | $180M | $210M | $188M | -14.3% | -4.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $710M |
| GROSS PROFIT | $974M |
| R&D Expenses | $0 |
| Selling & Marketing | $485M |
| General & Administrative | $299M |
| SG&A Expenses | $784M |
| Other Expenses | $4M |
| Operating Expenses | $788M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $186M |
| Interest Income | $746.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $38M |
| EBIT | $178M |
| EBITDA | $216M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $710M |
| GROSS PROFIT | $974M |
| R&D Expenses | $0 |
| Selling & Marketing | $485M |
| General & Administrative | $299M |
| SG&A Expenses | $784M |
| Other Expenses | $4M |
| Operating Expenses | $788M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $186M |
| Interest Income | $746.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $38M |
| EBIT | $178M |
| EBITDA | $216M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $153M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $238M |
| Capital Expenditure | -$59M |
| Acquisitions (Net) | -$390M |
| Purchases of Investments | -$33M |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$444M |
| Net Debt Issuance | -$225M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$90M |
| NET CASH FROM FINANCING | -$351M |
| FREE CASH FLOW | $180M |
| Net Change in Cash | -$566M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $810M |
| Short-Term Investments | $92M |
| Net Receivables | $708M |
| Inventory | $898M |
| Other Current Assets | $203M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $1.6B |
| Goodwill | $387M |
| Intangible Assets | $291M |
| Long-Term Investments | $0 |
| Tax Assets | $573M |
| Other Non-Current Assets | $333M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $525M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $375M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $585M |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$394M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $2.2B |
| Net Debt | $1.4B |
