| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $787M | 3.5% | 41.0% |
| Op. Income | $297M | $293M | $93M | 1.4% | 220.5% |
| Gross Margin | 49.2% | 49.3% | 41.4% | -0.1pp | 7.8pp |
| Net Margin | 25.7% | 27.8% | 12.3% | -2.1pp | 13.4pp |
| EPS (Diluted) | $2.51 | $2.60 | $0.83 | -3.5% | 202.4% |
| Free Cash Flow | $276M | $325M | $184M | -15.1% | 49.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $564M |
| GROSS PROFIT | $546M |
| R&D Expenses | $152M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $90M |
| Other Expenses | $7M |
| Operating Expenses | $249M |
| Cost & Expenses | $813M |
| OPERATING INCOME | $297M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $299M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $286M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $286M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $286M |
| D&A | $90M |
| EBIT | $314M |
| EBITDA | $404M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $564M |
| GROSS PROFIT | $546M |
| R&D Expenses | $152M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $90M |
| Other Expenses | $7M |
| Operating Expenses | $249M |
| Cost & Expenses | $813M |
| OPERATING INCOME | $297M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $299M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $286M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $286M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $286M |
| D&A | $90M |
| EBIT | $314M |
| EBITDA | $404M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $286M |
| Depreciation & Amortization | $90M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | $342M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | -$167M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$228M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$300M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | -$311M |
| FREE CASH FLOW | $276M |
| Net Change in Cash | -$198M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $517M |
| Inventory | $570M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $1.3B |
| Goodwill | $2.7B |
| Intangible Assets | $657M |
| Long-Term Investments | $46M |
| Tax Assets | $0 |
| Other Non-Current Assets | $187M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $7.3B |
| Account Payables | $352M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $97M |
| TOTAL CURRENT LIABILITIES | $704M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $178M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $4.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $405M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $1.7B |
| Net Debt | $547M |
