| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.3B | $1.2B | -7.5% | -4.7% |
| Op. Income | $355M | $376M | $475M | -5.6% | -25.3% |
| Gross Margin | 59.9% | 63.5% | 69.2% | -3.6pp | -9.4pp |
| Net Margin | 22.4% | 22.7% | 29.1% | -0.3pp | -6.7pp |
| EPS (Diluted) | $2.02 | $2.17 | $2.67 | -6.9% | -24.3% |
| Free Cash Flow | $608M | $509M | $583M | 19.4% | 4.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $471M |
| GROSS PROFIT | $703M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $277M |
| SG&A Expenses | $277M |
| Other Expenses | $71M |
| Operating Expenses | $348M |
| Cost & Expenses | $819M |
| OPERATING INCOME | $355M |
| Interest Income | $1.1B |
| Interest Expense | $234M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $355M |
| Income Tax Expense | $92M |
| Net Income from Continuing Ops | $263M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $263M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $263M |
| D&A | $67M |
| EBIT | $355M |
| EBITDA | $422M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $471M |
| GROSS PROFIT | $703M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $277M |
| SG&A Expenses | $277M |
| Other Expenses | $71M |
| Operating Expenses | $348M |
| Cost & Expenses | $819M |
| OPERATING INCOME | $355M |
| Interest Income | $1.1B |
| Interest Expense | $234M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $355M |
| Income Tax Expense | $92M |
| Net Income from Continuing Ops | $263M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $263M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $263M |
| D&A | $67M |
| EBIT | $355M |
| EBITDA | $422M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $263M |
| Depreciation & Amortization | $67M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | $245M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $608M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$172M |
| Sales/Maturities of Investments | $120M |
| Other Investing Activities | -$592M |
| NET CASH FROM INVESTING | -$644M |
| Net Debt Issuance | $54M |
| Common Stock Repurchased | -$192M |
| Common Dividends Paid | -$89M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$227M |
| FREE CASH FLOW | $608M |
| Net Change in Cash | -$263M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $541M |
| Short-Term Investments | $1.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $0 |
| Goodwill | $1.4B |
| Intangible Assets | $274M |
| Long-Term Investments | $17.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $718M |
| TOTAL NON-CURRENT ASSETS | $19.6B |
| TOTAL ASSETS | $22.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $17.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $19.0B |
| TOTAL LIABILITIES | $19.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.7B |
| Treasury Stock | -$368M |
| Accum. Other Comp. Income | $61M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $22.1B |
| Total Debt | $17.8B |
| Net Debt | $17.2B |
