| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $185M | $166M | $195M | 12.0% | -5.1% |
| Op. Income | $87M | $73M | $103M | 19.8% | -15.9% |
| Gross Margin | 73.7% | 72.3% | 79.6% | 1.5pp | -5.8pp |
| Net Margin | 34.9% | 31.5% | 41.2% | 3.4pp | -6.2pp |
| EPS (Diluted) | $1.71 | $1.37 | $2.11 | 24.8% | -19.0% |
| Free Cash Flow | -$35M | $134M | -$35M | -125.7% | 2.6% |
| Item | Amount |
|---|---|
| REVENUE | $185M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $137M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $50M |
| Operating Expenses | $50M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $87M |
| Interest Income | $59.0K |
| Interest Expense | $173.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $17M |
| EBIT | $91M |
| EBITDA | $107M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $185M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $137M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $50M |
| Operating Expenses | $50M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $87M |
| Interest Income | $59.0K |
| Interest Expense | $173.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $17M |
| EBIT | $91M |
| EBITDA | $107M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $65M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$643.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$111M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | -$86M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | -$125M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $365M |
| Short-Term Investments | $11M |
| Net Receivables | $711M |
| Inventory | $0 |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $164M |
| Goodwill | $155M |
| Intangible Assets | $112M |
| Long-Term Investments | $25M |
| Tax Assets | $0 |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $485M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $70M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$26M |
| TOTAL CURRENT LIABILITIES | $571M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $113M |
| TOTAL LIABILITIES | $684M |
| Common Stock | $123.0K |
| Additional Paid-In Capital | $318M |
| Retained Earnings | $995M |
| Treasury Stock | -$272M |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $86M |
| Net Debt | -$278M |
