| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $293M | $338M | $329M | -13.4% | -10.9% |
| Op. Income | $234M | $247M | $161M | -5.0% | 45.3% |
| Gross Margin | 117.9% | 103.1% | 77.1% | 14.7pp | 40.8pp |
| Net Margin | 61.8% | 57.2% | 38.2% | 4.7pp | 23.6pp |
| EPS (Diluted) | $1.01 | $1.07 | $0.64 | -5.6% | 57.8% |
| Free Cash Flow | $113M | $150M | $151M | -24.9% | -25.4% |
| Item | Amount |
|---|---|
| REVENUE | $293M |
| Cost of Revenue | -$52M |
| GROSS PROFIT | $345M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $111M |
| Operating Expenses | $111M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $234M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $234M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $181M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $181M |
| D&A | $849.0K |
| EBIT | $255M |
| EBITDA | $256M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $293M |
| Cost of Revenue | -$52M |
| GROSS PROFIT | $345M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $111M |
| Operating Expenses | $111M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $234M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $234M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $181M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $181M |
| D&A | $849.0K |
| EBIT | $255M |
| EBITDA | $256M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $181M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$64M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $117M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$520M |
| Sales/Maturities of Investments | $452M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$72M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | -$35M |
| Other Financing Activities | -$189.0K |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | $113M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $132M |
| Short-Term Investments | $5.9B |
| Net Receivables | $198M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.8B |
| PP&E (Net) | $105M |
| Goodwill | $10M |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $700M |
| TOTAL NON-CURRENT ASSETS | $824M |
| TOTAL ASSETS | $7.6B |
| Account Payables | $0 |
| Short-Term Debt | $66M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $225M |
| TOTAL CURRENT LIABILITIES | $291M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $324M |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $193.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $3.3B |
| Treasury Stock | -$921M |
| Accum. Other Comp. Income | -$130M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $7.6B |
| Total Debt | $1.6B |
| Net Debt | $1.4B |
