| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $328M | $270M | $309M | 21.1% | 6.2% |
| Op. Income | $117M | $35M | $103M | 230.2% | 13.8% |
| Gross Margin | 75.2% | 11.4% | 73.6% | 63.8pp | 1.6pp |
| Net Margin | 29.1% | 10.8% | 27.2% | 18.3pp | 1.9pp |
| EPS (Diluted) | $1.04 | $0.32 | $0.92 | 225.0% | 13.0% |
| Free Cash Flow | $101M | $114M | $99M | -11.4% | 2.0% |
| Item | Amount |
|---|---|
| REVENUE | $328M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $246M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $126M |
| Operating Expenses | $129M |
| Cost & Expenses | $211M |
| OPERATING INCOME | $117M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $0 |
| EBIT | $119M |
| EBITDA | $119M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $328M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $246M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $126M |
| Operating Expenses | $129M |
| Cost & Expenses | $211M |
| OPERATING INCOME | $117M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $0 |
| EBIT | $119M |
| EBITDA | $119M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $95M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$133M |
| Change in Working Capital | $134M |
| OPERATING CASH FLOW | $104M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | -$169M |
| Sales/Maturities of Investments | $124M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$102M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $101M |
| Net Change in Cash | -$814.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $2.4B |
| Net Receivables | $775M |
| Inventory | $0 |
| Other Current Assets | -$3.4B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $52M |
| Goodwill | $46M |
| Intangible Assets | $8M |
| Long-Term Investments | $3.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$3.3B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $4.5B |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$141M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $200M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $84M |
| Other Non-Current Liabilities | -$283M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $682.0K |
| Additional Paid-In Capital | $344M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$403M |
| Accum. Other Comp. Income | $50M |
| Other Equity | $10M |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $200M |
| Net Debt | $111M |
