| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.4B | $5.1B | $5.1B | 4.7% | 6.5% |
| Op. Income | $167M | $151M | $138M | 10.7% | 20.5% |
| Gross Margin | 17.2% | 16.6% | 15.8% | 0.6pp | 1.4pp |
| Net Margin | 2.1% | 1.9% | 1.5% | 0.2pp | 0.6pp |
| EPS (Diluted) | $2.02 | $1.77 | $1.33 | 14.1% | 51.9% |
| Free Cash Flow | $237M | $172M | $201M | 37.7% | 18.4% |
| Item | Amount |
|---|---|
| REVENUE | $5.4B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $926M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $760M |
| Other Expenses | $0 |
| Operating Expenses | $760M |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $167M |
| Interest Income | $3M |
| Interest Expense | $9M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $23M |
| EBIT | $172M |
| EBITDA | $194M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.4B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $926M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $760M |
| Other Expenses | $0 |
| Operating Expenses | $760M |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $167M |
| Interest Income | $3M |
| Interest Expense | $9M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $23M |
| EBIT | $172M |
| EBITDA | $194M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $19M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $95M |
| OPERATING CASH FLOW | $262M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | -$917M |
| Purchases of Investments | $2M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$942M |
| Net Debt Issuance | $72M |
| Common Stock Repurchased | -$60M |
| Common Dividends Paid | -$68M |
| Other Financing Activities | -$500.0K |
| NET CASH FROM FINANCING | -$57M |
| FREE CASH FLOW | $237M |
| Net Change in Cash | -$765M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $848M |
| Short-Term Investments | $0 |
| Net Receivables | $5.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $490M |
| Goodwill | $1.7B |
| Intangible Assets | $584M |
| Long-Term Investments | $114M |
| Tax Assets | -$114M |
| Other Non-Current Assets | $610M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $3.0B |
| Short-Term Debt | $553M |
| Deferred Revenue | $35M |
| Other Current Liabilities | $140M |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $566M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $675M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $3.6B |
| Treasury Stock | -$4.2B |
| Accum. Other Comp. Income | -$389M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $10M |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $1.4B |
| Net Debt | $546M |
