| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.1B | $1.7B | -1.4% | 21.0% |
| Op. Income | $201M | $164M | $215M | 22.6% | -6.5% |
| Gross Margin | 23.1% | 20.7% | 24.5% | 2.4pp | -1.4pp |
| Net Margin | 6.5% | 5.2% | 7.6% | 1.3pp | -1.1pp |
| EPS (Diluted) | $1.64 | $1.32 | $1.59 | 24.2% | 3.1% |
| Free Cash Flow | -$149M | $177M | $19M | -183.8% | -870.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $477M |
| R&D Expenses | $0 |
| Selling & Marketing | $87M |
| General & Administrative | $85M |
| SG&A Expenses | $172M |
| Other Expenses | $104M |
| Operating Expenses | $276M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $201M |
| Interest Income | $8M |
| Interest Expense | $27M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $40M |
| 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 | $67M |
| EBIT | $201M |
| EBITDA | $267M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $477M |
| R&D Expenses | $0 |
| Selling & Marketing | $87M |
| General & Administrative | $85M |
| SG&A Expenses | $172M |
| Other Expenses | $104M |
| Operating Expenses | $276M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $201M |
| Interest Income | $8M |
| Interest Expense | $27M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $40M |
| 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 | $67M |
| EBIT | $201M |
| EBITDA | $267M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $134M |
| Depreciation & Amortization | $67M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$219.0K |
| Other Non-Cash Items | $51M |
| Change in Working Capital | -$339M |
| OPERATING CASH FLOW | -$75M |
| Capital Expenditure | -$74M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | -$93M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$175M |
| FREE CASH FLOW | -$149M |
| Net Change in Cash | -$325M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $19M |
| Net Receivables | $2.3B |
| Inventory | $0 |
| Other Current Assets | $757M |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $778M |
| Goodwill | $1.6B |
| Intangible Assets | $434M |
| Long-Term Investments | $118M |
| Tax Assets | $6M |
| Other Non-Current Assets | $549M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $7.8B |
| Account Payables | $2.0B |
| Short-Term Debt | $0 |
| Deferred Revenue | $183M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $183M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $459M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $6.0B |
| Common Stock | $129.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $2.4B |
| Treasury Stock | -$2.6B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $7.8B |
| Total Debt | $3.0B |
| Net Debt | $1.9B |
