| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $552M | $526M | $358M | 4.8% | 54.1% |
| Op. Income | $41M | $66M | $14M | -38.2% | 184.5% |
| Gross Margin | 29.1% | 32.8% | 30.8% | -3.7pp | -1.7pp |
| Net Margin | 7.4% | 10.1% | 4.9% | -2.7pp | 2.5pp |
| EPS (Diluted) | $0.74 | $0.96 | $0.33 | -22.9% | 124.2% |
| Free Cash Flow | $34M | $33M | -$9M | 4.7% | 482.4% |
| Item | Amount |
|---|---|
| REVENUE | $552M |
| Cost of Revenue | $391M |
| GROSS PROFIT | $160M |
| R&D Expenses | $64M |
| Selling & Marketing | $33M |
| General & Administrative | $22M |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $119M |
| Cost & Expenses | $511M |
| OPERATING INCOME | $41M |
| Interest Income | $16M |
| Interest Expense | $0 |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | -$559.0K |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $11M |
| EBIT | $29M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $552M |
| Cost of Revenue | $391M |
| GROSS PROFIT | $160M |
| R&D Expenses | $64M |
| Selling & Marketing | $33M |
| General & Administrative | $22M |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $119M |
| Cost & Expenses | $511M |
| OPERATING INCOME | $41M |
| Interest Income | $16M |
| Interest Expense | $0 |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | -$559.0K |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $11M |
| EBIT | $29M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $90M |
| Capital Expenditure | -$55M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$68M |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$86M |
| Net Debt Issuance | $146.0K |
| Common Stock Repurchased | $2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $530M |
| Short-Term Investments | $168M |
| Net Receivables | $527M |
| Inventory | $380M |
| Other Current Assets | $63M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $458M |
| Goodwill | $130M |
| Intangible Assets | $59M |
| Long-Term Investments | $482M |
| Tax Assets | $28M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $252M |
| Short-Term Debt | $148.0K |
| Deferred Revenue | $18M |
| Other Current Liabilities | $85M |
| TOTAL CURRENT LIABILITIES | $525M |
| Long-Term Debt | $622M |
| Deferred Revenue NC | $152M |
| Deferred Tax Liabilities | $156.0K |
| Other Non-Current Liabilities | $213M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $687M |
| Retained Earnings | $650M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $714M |
| Net Debt | $184M |
