| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $788M | -2.0% | 36.2% |
| Op. Income | $293M | $299M | $102M | -2.1% | 186.9% |
| Gross Margin | 49.3% | 49.1% | 42.6% | 0.1pp | 6.6pp |
| Net Margin | 27.8% | 18.4% | 6.4% | 9.5pp | 21.5pp |
| EPS (Diluted) | $2.60 | $1.74 | $0.43 | 49.4% | 504.7% |
| Free Cash Flow | $325M | $368M | $179M | -11.4% | 81.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $544M |
| GROSS PROFIT | $528M |
| R&D Expenses | $147M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | $9M |
| Operating Expenses | $235M |
| Cost & Expenses | $780M |
| OPERATING INCOME | $293M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $287M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | $299M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $299M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $299M |
| D&A | $86M |
| EBIT | $302M |
| EBITDA | $388M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $544M |
| GROSS PROFIT | $528M |
| R&D Expenses | $147M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | $9M |
| Operating Expenses | $235M |
| Cost & Expenses | $780M |
| OPERATING INCOME | $293M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $287M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | $299M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $299M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $299M |
| D&A | $86M |
| EBIT | $302M |
| EBITDA | $388M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $299M |
| Depreciation & Amortization | $86M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$44M |
| Other Non-Cash Items | $752.0K |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | $403M |
| Capital Expenditure | -$77M |
| Acquisitions (Net) | $47M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$47M |
| NET CASH FROM INVESTING | -$77M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$175M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$161M |
| FREE CASH FLOW | $325M |
| Net Change in Cash | $163M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $485M |
| Inventory | $508M |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $1.3B |
| Goodwill | $2.6B |
| Intangible Assets | $611M |
| Long-Term Investments | $35M |
| Tax Assets | $0 |
| Other Non-Current Assets | $182M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $314M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $108M |
| TOTAL CURRENT LIABILITIES | $682M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $168M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $4.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $355M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $1.7B |
| Net Debt | $350M |
