| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $354M | $285M | $272M | 24.0% | 29.9% |
| Op. Income | $126M | $69M | $95M | 84.0% | 33.6% |
| Gross Margin | 86.3% | 83.7% | 86.7% | 2.6pp | -0.4pp |
| Net Margin | 26.0% | 17.1% | 23.7% | 8.9pp | 2.3pp |
| EPS (Diluted) | $1.58 | $0.84 | $1.11 | 88.1% | 42.3% |
| Free Cash Flow | $83M | $52M | $64M | 59.9% | 29.1% |
| Item | Amount |
|---|---|
| REVENUE | $354M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $305M |
| R&D Expenses | $32M |
| Selling & Marketing | $75M |
| General & Administrative | $61M |
| SG&A Expenses | $136M |
| Other Expenses | $12M |
| Operating Expenses | $179M |
| Cost & Expenses | $227M |
| OPERATING INCOME | $126M |
| Interest Income | $0 |
| Interest Expense | $215.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $127M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $22M |
| EBIT | $128M |
| EBITDA | $149M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $354M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $305M |
| R&D Expenses | $32M |
| Selling & Marketing | $75M |
| General & Administrative | $61M |
| SG&A Expenses | $136M |
| Other Expenses | $12M |
| Operating Expenses | $179M |
| Cost & Expenses | $227M |
| OPERATING INCOME | $126M |
| Interest Income | $0 |
| Interest Expense | $215.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $127M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $22M |
| EBIT | $128M |
| EBITDA | $149M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $92M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $117M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$169M |
| Sales/Maturities of Investments | $136M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$68M |
| Net Debt Issuance | -$444.0K |
| Common Stock Repurchased | -$218.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2.1B |
| NET CASH FROM FINANCING | $2.1B |
| FREE CASH FLOW | $83M |
| Net Change in Cash | $83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $361M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $732.0K |
| Other Current Assets | $4.0B |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $363M |
| Goodwill | $52M |
| Intangible Assets | $57M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $539M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $12M |
| Short-Term Debt | $2M |
| Deferred Revenue | $17M |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $88M |
| Deferred Tax Liabilities | $135M |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $323M |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $623.0K |
| Additional Paid-In Capital | $490M |
| Retained Earnings | $1.0B |
| Treasury Stock | -$488M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $29M |
| Net Debt | -$332M |
