| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $523M | $877M | -$239M | -40.4% | 318.7% |
| Op. Income | $234M | $340M | $617M | -31.1% | -62.1% |
| Gross Margin | 94.4% | 60.4% | 157.0% | 34.0pp | -62.6pp |
| Net Margin | 33.1% | 28.4% | -189.3% | 4.7pp | 222.3pp |
| EPS (Diluted) | $2.79 | $3.80 | $5.97 | -26.6% | -53.3% |
| Free Cash Flow | -$226M | $1.4B | -$2.3B | -115.8% | 90.1% |
| Item | Amount |
|---|---|
| REVENUE | $523M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $494M |
| R&D Expenses | $0 |
| Selling & Marketing | $45M |
| General & Administrative | $326M |
| SG&A Expenses | $371M |
| Other Expenses | -$111M |
| Operating Expenses | $260M |
| Cost & Expenses | $289M |
| OPERATING INCOME | $234M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $234M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $173M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $173M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $173M |
| D&A | $11M |
| EBIT | $234M |
| EBITDA | $245M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $523M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $494M |
| R&D Expenses | $0 |
| Selling & Marketing | $45M |
| General & Administrative | $326M |
| SG&A Expenses | $371M |
| Other Expenses | -$111M |
| Operating Expenses | $260M |
| Cost & Expenses | $289M |
| OPERATING INCOME | $234M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $234M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $173M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $173M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $173M |
| D&A | $11M |
| EBIT | $234M |
| EBITDA | $245M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $173M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$247M |
| Change in Working Capital | -$153M |
| OPERATING CASH FLOW | -$207M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $37M |
| Sales/Maturities of Investments | -$2M |
| Other Investing Activities | -$36M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$42M |
| Common Stock Repurchased | -$257M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $385M |
| NET CASH FROM FINANCING | $74M |
| FREE CASH FLOW | -$226M |
| Net Change in Cash | -$136M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $340M |
| Short-Term Investments | $7M |
| Net Receivables | $13.0B |
| Inventory | $0 |
| Other Current Assets | $137M |
| TOTAL CURRENT ASSETS | $14.2B |
| PP&E (Net) | $121M |
| Goodwill | $0 |
| Intangible Assets | $4.0B |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $460M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $18.8B |
| Account Payables | $587M |
| Short-Term Debt | $7.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8.6B |
| Long-Term Debt | $6.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $6.8B |
| TOTAL LIABILITIES | $15.4B |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $125M |
| Retained Earnings | $3.3B |
| 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 | $18.8B |
| Total Debt | $14.0B |
| Net Debt | $13.6B |
