| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $182M | $173M | $174M | 5.5% | 4.8% |
| Op. Income | $51M | $44M | $40M | 15.2% | 27.0% |
| Gross Margin | 55.3% | 54.0% | 48.6% | 1.3pp | 6.7pp |
| Net Margin | 25.4% | 23.6% | 22.9% | 1.8pp | 2.5pp |
| EPS (Diluted) | $0.77 | $0.66 | $0.65 | 16.7% | 18.5% |
| Free Cash Flow | $60M | $30M | $47M | 98.4% | 27.2% |
| Item | Amount |
|---|---|
| REVENUE | $182M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $101M |
| R&D Expenses | $24M |
| Selling & Marketing | $16M |
| General & Administrative | $10M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $554.0K |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $9M |
| EBIT | $51M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $182M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $101M |
| R&D Expenses | $24M |
| Selling & Marketing | $16M |
| General & Administrative | $10M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $554.0K |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $9M |
| EBIT | $51M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$936.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $109M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $80M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$135M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$142M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $171M |
| Short-Term Investments | $273M |
| Net Receivables | $31M |
| Inventory | $103M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $593M |
| PP&E (Net) | $180M |
| Goodwill | $92M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $17M |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $327M |
| TOTAL ASSETS | $919M |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $69M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $99M |
| Common Stock | $26.0K |
| Additional Paid-In Capital | $40M |
| Retained Earnings | $789M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $821M |
| Minority Interest | $0 |
| TOTAL EQUITY | $821M |
| TOTAL LIABILITIES & EQUITY | $919M |
| Total Debt | $0 |
| Net Debt | -$171M |
