| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.6B | — | 0.2% | — |
| Op. Income | $418M | $492M | — | -15.0% | — |
| Gross Margin | 63.1% | 61.9% | — | 1.1pp | — |
| Net Margin | 12.6% | 20.2% | — | -7.6pp | — |
| EPS (Diluted) | $0.79 | $1.27 | — | -37.8% | — |
| Free Cash Flow | -$91M | $307M | — | -129.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $592M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $110M |
| Selling & Marketing | $236M |
| General & Administrative | $247M |
| SG&A Expenses | $483M |
| Other Expenses | $0 |
| Operating Expenses | $593M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $418M |
| Interest Income | $0 |
| Interest Expense | $98M |
| Other Income/Expenses | -$182M |
| INCOME BEFORE TAX | $236M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $202M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $202M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $202M |
| D&A | $62M |
| EBIT | $418M |
| EBITDA | $480M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $592M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $110M |
| Selling & Marketing | $236M |
| General & Administrative | $247M |
| SG&A Expenses | $483M |
| Other Expenses | $0 |
| Operating Expenses | $593M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $418M |
| Interest Income | $0 |
| Interest Expense | $98M |
| Other Income/Expenses | -$182M |
| INCOME BEFORE TAX | $236M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $202M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $202M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $202M |
| D&A | $62M |
| EBIT | $418M |
| EBITDA | $480M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $202M |
| Depreciation & Amortization | $62M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$76M |
| Other Non-Cash Items | $72M |
| Change in Working Capital | -$228M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$138M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$133M |
| Net Debt Issuance | -$102M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$71M |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$187M |
| FREE CASH FLOW | -$91M |
| Net Change in Cash | -$271M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $737M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $915M |
| Other Current Assets | $596M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $1.2B |
| Goodwill | $4.6B |
| Intangible Assets | $651M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $464M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $10.7B |
| Account Payables | $1.4B |
| Short-Term Debt | $55M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $975M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $9.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $279M |
| TOTAL NON-CURRENT LIABILITIES | $9.6B |
| TOTAL LIABILITIES | $12.2B |
| Common Stock | $3M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$998M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$513M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.5B |
| TOTAL LIABILITIES & EQUITY | $10.7B |
| Total Debt | $9.4B |
| Net Debt | $8.6B |
