| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $522M | $523M | $1.1B | -0.3% | -50.4% |
| Op. Income | $240M | $234M | $506M | 2.4% | -52.6% |
| Gross Margin | 43.8% | 94.4% | 55.0% | -50.6pp | -11.2pp |
| Net Margin | 33.3% | 33.1% | 35.8% | 0.2pp | -2.6pp |
| EPS (Diluted) | $2.94 | $2.79 | $5.15 | 5.4% | -42.9% |
| Free Cash Flow | $4.4B | -$226M | -$1.3B | 2052.5% | 449.4% |
| Item | Amount |
|---|---|
| REVENUE | $522M |
| Cost of Revenue | $293M |
| GROSS PROFIT | $228M |
| R&D Expenses | $0 |
| Selling & Marketing | $22M |
| General & Administrative | $93M |
| SG&A Expenses | $116M |
| Other Expenses | -$127M |
| Operating Expenses | -$11M |
| Cost & Expenses | $282M |
| OPERATING INCOME | $240M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $235M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $174M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $174M |
| D&A | $11M |
| EBIT | $240M |
| EBITDA | $250M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $522M |
| Cost of Revenue | $293M |
| GROSS PROFIT | $228M |
| R&D Expenses | $0 |
| Selling & Marketing | $22M |
| General & Administrative | $93M |
| SG&A Expenses | $116M |
| Other Expenses | -$127M |
| Operating Expenses | -$11M |
| Cost & Expenses | $282M |
| OPERATING INCOME | $240M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $235M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $174M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $174M |
| D&A | $11M |
| EBIT | $240M |
| EBITDA | $250M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $174M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4.1B |
| Change in Working Capital | $89M |
| OPERATING CASH FLOW | $4.4B |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$165M |
| NET CASH FROM INVESTING | -$167M |
| Net Debt Issuance | $13M |
| Common Stock Repurchased | -$141M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$4.0B |
| NET CASH FROM FINANCING | -$4.1B |
| FREE CASH FLOW | $4.4B |
| Net Change in Cash | $150M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $490M |
| Short-Term Investments | $78M |
| Net Receivables | $8.0B |
| Inventory | $0 |
| Other Current Assets | $71M |
| TOTAL CURRENT ASSETS | $9.3B |
| PP&E (Net) | $118M |
| Goodwill | $0 |
| Intangible Assets | $4.8B |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $387M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $14.6B |
| Account Payables | $531M |
| Short-Term Debt | $3.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $6.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $134M |
| TOTAL NON-CURRENT LIABILITIES | $6.5B |
| TOTAL LIABILITIES | $11.2B |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $14.6B |
| Total Debt | $9.7B |
| Net Debt | $9.2B |
