| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $308M | $308M | $297M | -0.0% | 3.6% |
| Op. Income | $158M | $166M | $154M | -5.3% | 2.6% |
| Gross Margin | 92.9% | 92.5% | 87.8% | 0.4pp | 5.1pp |
| Net Margin | 41.9% | 43.4% | 42.2% | -1.4pp | -0.3pp |
| EPS (Diluted) | $1.65 | $1.71 | $1.61 | -3.5% | 2.5% |
| Free Cash Flow | $42M | $212M | $114M | -80.2% | -63.1% |
| Item | Amount |
|---|---|
| REVENUE | $308M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $286M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $122M |
| SG&A Expenses | $126M |
| Other Expenses | $3M |
| Operating Expenses | $129M |
| Cost & Expenses | $150M |
| OPERATING INCOME | $158M |
| Interest Income | $259M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $158M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $129M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $129M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $14M |
| EBIT | $158M |
| EBITDA | $172M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $308M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $286M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $122M |
| SG&A Expenses | $126M |
| Other Expenses | $3M |
| Operating Expenses | $129M |
| Cost & Expenses | $150M |
| OPERATING INCOME | $158M |
| Interest Income | $259M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $158M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $129M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $129M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $14M |
| EBIT | $158M |
| EBITDA | $172M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $129M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | -$52M |
| Change in Working Capital | -$65M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$30M |
| Purchases of Investments | -$438M |
| Sales/Maturities of Investments | $112M |
| Other Investing Activities | -$1.5B |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $1.1B |
| NET CASH FROM FINANCING | $1.0B |
| FREE CASH FLOW | $42M |
| Net Change in Cash | -$782M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.3B |
| Short-Term Investments | $3.6B |
| Net Receivables | $95M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.0B |
| PP&E (Net) | $297M |
| Goodwill | $1.9B |
| Intangible Assets | $32M |
| Long-Term Investments | $27.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.0B |
| TOTAL NON-CURRENT ASSETS | $32.4B |
| TOTAL ASSETS | $39.4B |
| Account Payables | $9M |
| Short-Term Debt | $220M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $32.3B |
| TOTAL CURRENT LIABILITIES | $32.5B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $283M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $34.1B |
| Common Stock | $76M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $39.4B |
| Total Debt | $1.5B |
| Net Debt | -$1.8B |
