| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $311M | $296M | $249M | 4.9% | 24.8% |
| Op. Income | $12M | $29M | $20M | -60.6% | -42.7% |
| Gross Margin | 48.0% | 49.5% | 49.6% | -1.5pp | -1.6pp |
| Net Margin | 4.5% | 9.9% | 6.6% | -5.4pp | -2.1pp |
| EPS (Diluted) | $0.28 | $0.61 | $0.37 | -54.1% | -24.3% |
| Free Cash Flow | $49M | $36M | $71M | 34.3% | -31.5% |
| Item | Amount |
|---|---|
| REVENUE | $311M |
| Cost of Revenue | $162M |
| GROSS PROFIT | $149M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $116M |
| Other Expenses | $0 |
| Operating Expenses | $138M |
| Cost & Expenses | $299M |
| OPERATING INCOME | $12M |
| Interest Income | $905.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $23M |
| EBIT | $12M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $311M |
| Cost of Revenue | $162M |
| GROSS PROFIT | $149M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $116M |
| Other Expenses | $0 |
| Operating Expenses | $138M |
| Cost & Expenses | $299M |
| OPERATING INCOME | $12M |
| Interest Income | $905.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $23M |
| EBIT | $12M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$176M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$192M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | -$127M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $349M |
| Short-Term Investments | $11M |
| Net Receivables | $241M |
| Inventory | $120M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $781M |
| PP&E (Net) | $120M |
| Goodwill | $739M |
| Intangible Assets | $375M |
| Long-Term Investments | $18M |
| Tax Assets | $16M |
| Other Non-Current Assets | $94M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $72M |
| Short-Term Debt | $488M |
| Deferred Revenue | $152M |
| Other Current Liabilities | $71M |
| TOTAL CURRENT LIABILITIES | $876M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $20M |
| Deferred Tax Liabilities | $52M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $120M |
| TOTAL LIABILITIES | $996M |
| Common Stock | $54.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $369M |
| Treasury Stock | -$238M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $541M |
| Net Debt | $192M |
