| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $637M | $510M | $809M | 24.9% | -21.3% |
| Op. Income | $377M | $282M | $617M | 33.7% | -38.9% |
| Gross Margin | 76.8% | 73.6% | 86.7% | 3.2pp | -9.9pp |
| Net Margin | 45.7% | 42.3% | 58.1% | 3.4pp | -12.4pp |
| EPS (Diluted) | $6.85 | $5.08 | $10.78 | 34.8% | -36.5% |
| Free Cash Flow | $289M | -$30M | $410M | 1069.8% | -29.6% |
| Item | Amount |
|---|---|
| REVENUE | $637M |
| Cost of Revenue | $148M |
| GROSS PROFIT | $489M |
| R&D Expenses | $26M |
| Selling & Marketing | $56M |
| General & Administrative | $22M |
| SG&A Expenses | $79M |
| Other Expenses | $8M |
| Operating Expenses | $113M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $377M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $375M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $291M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $291M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $291M |
| D&A | $14M |
| EBIT | $377M |
| EBITDA | $391M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $637M |
| Cost of Revenue | $148M |
| GROSS PROFIT | $489M |
| R&D Expenses | $26M |
| Selling & Marketing | $56M |
| General & Administrative | $22M |
| SG&A Expenses | $79M |
| Other Expenses | $8M |
| Operating Expenses | $113M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $377M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $375M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $291M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $291M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $291M |
| D&A | $14M |
| EBIT | $377M |
| EBITDA | $391M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $291M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $24M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $321M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$67M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$96M |
| Net Debt Issuance | -$67.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$964.0K |
| FREE CASH FLOW | $289M |
| Net Change in Cash | $224M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $803M |
| Short-Term Investments | $26M |
| Net Receivables | $394M |
| Inventory | $199M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $477M |
| Goodwill | $337M |
| Intangible Assets | $99M |
| Long-Term Investments | $38M |
| Tax Assets | $20M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $990M |
| TOTAL ASSETS | $2.4B |
| Account Payables | $102M |
| Short-Term Debt | $300.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $66M |
| TOTAL CURRENT LIABILITIES | $324M |
| Long-Term Debt | $400.0K |
| Deferred Revenue NC | -$74M |
| Deferred Tax Liabilities | $74M |
| Other Non-Current Liabilities | $49M |
| TOTAL NON-CURRENT LIABILITIES | $178M |
| TOTAL LIABILITIES | $501M |
| Common Stock | $0 |
| Additional Paid-In Capital | $280M |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $400.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $139M |
| Net Debt | -$664M |
