| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $458M | $481M | $429M | -4.8% | 6.7% |
| Op. Income | $62M | $115M | $90M | -46.0% | -31.2% |
| Gross Margin | 79.2% | 79.2% | 79.8% | -0.0pp | -0.5pp |
| Net Margin | 10.1% | 60.9% | 5.5% | -50.9pp | 4.6pp |
| EPS (Diluted) | $0.39 | $2.46 | $0.20 | -84.1% | 95.0% |
| Free Cash Flow | $134M | $32M | $110M | 315.0% | 21.4% |
| Item | Amount |
|---|---|
| REVENUE | $458M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $363M |
| R&D Expenses | $81M |
| Selling & Marketing | $125M |
| General & Administrative | $52M |
| SG&A Expenses | $177M |
| Other Expenses | $42M |
| Operating Expenses | $300M |
| Cost & Expenses | $396M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $9M |
| 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 | $31M |
| EBIT | $68M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $458M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $363M |
| R&D Expenses | $81M |
| Selling & Marketing | $125M |
| General & Administrative | $52M |
| SG&A Expenses | $177M |
| Other Expenses | $42M |
| Operating Expenses | $300M |
| Cost & Expenses | $396M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $9M |
| 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 | $31M |
| EBIT | $68M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $46M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $138M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$450.0K |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | -$239.0K |
| Common Stock Repurchased | -$120M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$49M |
| NET CASH FROM FINANCING | -$169M |
| FREE CASH FLOW | $134M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $296M |
| Short-Term Investments | $0 |
| Net Receivables | $479M |
| Inventory | $0 |
| Other Current Assets | $145M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $247M |
| Goodwill | $2.2B |
| Intangible Assets | $364M |
| Long-Term Investments | $0 |
| Tax Assets | $292M |
| Other Non-Current Assets | $318M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $33M |
| Short-Term Debt | $0 |
| Deferred Revenue | $465M |
| Other Current Liabilities | $120M |
| TOTAL CURRENT LIABILITIES | $780M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $461M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$98M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $1.6B |
| Net Debt | $1.3B |
