| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $849M | $841M | $996M | 1.0% | -14.8% |
| Op. Income | $332M | -$9M | $484M | 3788.9% | -31.4% |
| Gross Margin | 64.1% | 61.2% | 75.7% | 2.8pp | -11.6pp |
| Net Margin | 30.0% | -1.3% | 37.1% | 31.3pp | -7.1pp |
| EPS (Diluted) | $1.67 | $-0.07 | $2.00 | 2482.3% | -16.5% |
| Free Cash Flow | -$109M | $168M | $179M | -164.9% | -160.9% |
| Item | Amount |
|---|---|
| REVENUE | $849M |
| Cost of Revenue | $305M |
| GROSS PROFIT | $544M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $120M |
| SG&A Expenses | $120M |
| Other Expenses | $92M |
| Operating Expenses | $212M |
| Cost & Expenses | $517M |
| OPERATING INCOME | $332M |
| Interest Income | $626M |
| Interest Expense | $289M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $332M |
| Income Tax Expense | $77M |
| Net Income from Continuing Ops | $255M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $255M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $255M |
| D&A | $0 |
| EBIT | $332M |
| EBITDA | $332M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $849M |
| Cost of Revenue | $305M |
| GROSS PROFIT | $544M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $120M |
| SG&A Expenses | $120M |
| Other Expenses | $92M |
| Operating Expenses | $212M |
| Cost & Expenses | $517M |
| OPERATING INCOME | $332M |
| Interest Income | $626M |
| Interest Expense | $289M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $332M |
| Income Tax Expense | $77M |
| Net Income from Continuing Ops | $255M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $255M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $255M |
| D&A | $0 |
| EBIT | $332M |
| EBITDA | $332M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $255M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$294M |
| Change in Working Capital | -$79M |
| OPERATING CASH FLOW | -$109M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.8B |
| NET CASH FROM INVESTING | $1.8B |
| Net Debt Issuance | -$1.9B |
| Common Stock Repurchased | -$115M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $43M |
| NET CASH FROM FINANCING | -$2.0B |
| FREE CASH FLOW | -$109M |
| Net Change in Cash | -$364M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $708M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $91M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $71.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.0B |
| TOTAL NON-CURRENT ASSETS | $75.3B |
| TOTAL ASSETS | $78.2B |
| Account Payables | $0 |
| Short-Term Debt | $4.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $70.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $592M |
| TOTAL NON-CURRENT LIABILITIES | $71.3B |
| TOTAL LIABILITIES | $75.3B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $4.2B |
| Treasury Stock | -$4.6B |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $6M |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $78.2B |
| Total Debt | $74.7B |
| Net Debt | $74.0B |
