| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $827M | — | $802M | — | 3.1% |
| Op. Income | $181M | — | $195M | — | -7.1% |
| Gross Margin | 60.2% | — | 59.5% | — | 0.7pp |
| Net Margin | 15.8% | — | 12.9% | — | 3.0pp |
| EPS (Diluted) | $0.48 | — | $0.38 | — | 26.3% |
| Free Cash Flow | $162M | — | $219M | — | -26.0% |
| Item | Amount |
|---|---|
| REVENUE | $827M |
| Cost of Revenue | $329M |
| GROSS PROFIT | $498M |
| R&D Expenses | $99M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $217M |
| Other Expenses | $0 |
| Operating Expenses | $316M |
| Cost & Expenses | $645M |
| OPERATING INCOME | $181M |
| Interest Income | $838.0K |
| Interest Expense | $36M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $126M |
| EBIT | $180M |
| EBITDA | $306M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $827M |
| Cost of Revenue | $329M |
| GROSS PROFIT | $498M |
| R&D Expenses | $99M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $217M |
| Other Expenses | $0 |
| Operating Expenses | $316M |
| Cost & Expenses | $645M |
| OPERATING INCOME | $181M |
| Interest Income | $838.0K |
| Interest Expense | $36M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $126M |
| EBIT | $180M |
| EBITDA | $306M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $131M |
| Depreciation & Amortization | $126M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$70M |
| OPERATING CASH FLOW | $188M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $294.0K |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$59M |
| Other Financing Activities | -$393.3K |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $162M |
| Net Change in Cash | $128M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $0 |
| Net Receivables | $408M |
| Inventory | $0 |
| Other Current Assets | $101M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $447M |
| Goodwill | $4.7B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $151M |
| Tax Assets | $767M |
| Other Non-Current Assets | $135M |
| TOTAL NON-CURRENT ASSETS | $7.3B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $50M |
| Short-Term Debt | $10M |
| Deferred Revenue | $815M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $96M |
| Deferred Tax Liabilities | $92M |
| Other Non-Current Liabilities | $136M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $2.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.2B |
| Treasury Stock | -$63M |
| Accum. Other Comp. Income | $54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $1M |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $3.9B |
| Net Debt | $2.1B |
