| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.6B | $5.2B | $4.3B | -12.5% | 6.6% |
| Op. Income | $236M | $368M | $89M | -35.9% | 165.2% |
| Gross Margin | 72.1% | 8.3% | 63.3% | 63.8pp | 8.8pp |
| Net Margin | 4.8% | 6.1% | 3.3% | -1.3pp | 1.5pp |
| EPS (Diluted) | $1.20 | $1.68 | $0.74 | -28.6% | 62.2% |
| Free Cash Flow | $43M | $339M | $193M | -87.3% | -77.7% |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3.1B |
| Operating Expenses | $3.1B |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $236M |
| Interest Income | $0 |
| Interest Expense | $66M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $236M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $220M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $220M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $220M |
| D&A | $0 |
| EBIT | $302M |
| EBITDA | $302M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3.1B |
| Operating Expenses | $3.1B |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $236M |
| Interest Income | $0 |
| Interest Expense | $66M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $236M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $220M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $220M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $220M |
| D&A | $0 |
| EBIT | $302M |
| EBITDA | $302M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $220M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$183M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5.2B |
| Sales/Maturities of Investments | $3.5B |
| Other Investing Activities | $615M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$650M |
| Common Dividends Paid | -$78M |
| Other Financing Activities | $1.8B |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | $43M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $118.7B |
| Net Receivables | $20.3B |
| Inventory | $0 |
| Other Current Assets | -$141.6B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $1.8B |
| Intangible Assets | $0 |
| Long-Term Investments | $123.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$125.3B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $386.9B |
| Account Payables | $0 |
| Short-Term Debt | $550M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$9.5B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $6.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$6.1B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $366.2B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $9.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $20.8B |
| TOTAL LIABILITIES & EQUITY | $386.9B |
| Total Debt | $6.6B |
| Net Debt | $4.0B |
