| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.9B | $4.1B | -4.1% | -7.6% |
| Op. Income | $57M | -$34M | $169M | 267.6% | -66.3% |
| Gross Margin | -7.7% | 2.9% | 8.9% | -10.6pp | -16.6pp |
| Net Margin | 4.2% | -0.6% | 3.2% | 4.7pp | 0.9pp |
| EPS (Diluted) | $2.30 | $-0.32 | $1.93 | 818.7% | 19.2% |
| Free Cash Flow | $357M | $1.5B | $532M | -76.0% | -32.9% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | -$289M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$346M |
| Operating Expenses | -$346M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | -$99M |
| Net Income from Continuing Ops | $156M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $156M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $156M |
| D&A | $0 |
| EBIT | $55M |
| EBITDA | $55M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $156M |
| Depreciation & Amortization | -$22M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$89M |
| Other Non-Cash Items | $3.0B |
| Change in Working Capital | -$2.7B |
| OPERATING CASH FLOW | $361M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.3B |
| Sales/Maturities of Investments | $3.0B |
| Other Investing Activities | $191M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $365M |
| Common Stock Repurchased | -$51M |
| Common Dividends Paid | -$49M |
| Other Financing Activities | $432M |
| NET CASH FROM FINANCING | $697M |
| FREE CASH FLOW | $357M |
| Net Change in Cash | -$79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $0 |
| Net Receivables | $2.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.8B |
| PP&E (Net) | $284M |
| Goodwill | $7M |
| Intangible Assets | $5M |
| Long-Term Investments | $78.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.5B |
| TOTAL NON-CURRENT ASSETS | $86.3B |
| TOTAL ASSETS | $92.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.9B |
| Other Non-Current Liabilities | $72.4B |
| TOTAL NON-CURRENT LIABILITIES | $79.2B |
| TOTAL LIABILITIES | $79.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $8.6B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | $3.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.0B |
| TOTAL LIABILITIES & EQUITY | $92.2B |
| Total Debt | $3.8B |
| Net Debt | $899M |
