| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $527M | $520M | $455M | 1.5% | 15.9% |
| Op. Income | $72M | $69M | $66M | 4.4% | 8.9% |
| Gross Margin | 68.3% | 68.2% | 67.5% | 0.1pp | 0.8pp |
| Net Margin | 11.0% | 10.6% | 11.5% | 0.4pp | -0.5pp |
| EPS (Diluted) | $0.87 | $0.83 | $0.78 | 4.8% | 11.5% |
| Free Cash Flow | $172M | $99M | $152M | 75.0% | 13.6% |
| Item | Amount |
|---|---|
| REVENUE | $527M |
| Cost of Revenue | $167M |
| GROSS PROFIT | $360M |
| R&D Expenses | $77M |
| Selling & Marketing | $153M |
| General & Administrative | $59M |
| SG&A Expenses | $211M |
| Other Expenses | $0 |
| Operating Expenses | $288M |
| Cost & Expenses | $455M |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $486.0K |
| Other Income/Expenses | $486.0K |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $44M |
| EBIT | $72M |
| EBITDA | $117M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $527M |
| Cost of Revenue | $167M |
| GROSS PROFIT | $360M |
| R&D Expenses | $77M |
| Selling & Marketing | $153M |
| General & Administrative | $59M |
| SG&A Expenses | $211M |
| Other Expenses | $0 |
| Operating Expenses | $288M |
| Cost & Expenses | $455M |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $486.0K |
| Other Income/Expenses | $486.0K |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $44M |
| EBIT | $72M |
| EBITDA | $117M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $39M |
| OPERATING CASH FLOW | $193M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$98M |
| Sales/Maturities of Investments | $102M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | -$64M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $75.0K |
| NET CASH FROM FINANCING | -$82M |
| FREE CASH FLOW | $172M |
| Net Change in Cash | $93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $472M |
| Short-Term Investments | $1.0B |
| Net Receivables | $417M |
| Inventory | $0 |
| Other Current Assets | $154M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $232M |
| Goodwill | $1.6B |
| Intangible Assets | $267M |
| Long-Term Investments | $0 |
| Tax Assets | $62M |
| Other Non-Current Assets | $230M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $45M |
| Short-Term Debt | $241M |
| Deferred Revenue | $384M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $454M |
| Deferred Revenue NC | $64M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $620M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $2.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $13M |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $791M |
| Net Debt | $319M |
