| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $581M | $502M | $456M | 15.9% | 27.6% |
| Op. Income | $215M | $143M | $133M | 49.8% | 61.7% |
| Gross Margin | 62.0% | 56.4% | 57.6% | 5.6pp | 4.3pp |
| Net Margin | 32.7% | 29.0% | 28.4% | 3.8pp | 4.3pp |
| EPS (Diluted) | $1.36 | $1.03 | $0.89 | 32.0% | 52.8% |
| Free Cash Flow | $245M | $139M | $126M | 76.3% | 94.1% |
| Item | Amount |
|---|---|
| REVENUE | $581M |
| Cost of Revenue | $221M |
| GROSS PROFIT | $360M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $73M |
| SG&A Expenses | $73M |
| Other Expenses | $72M |
| Operating Expenses | $145M |
| Cost & Expenses | $367M |
| OPERATING INCOME | $215M |
| Interest Income | $848.0K |
| Interest Expense | $250.0K |
| Other Income/Expenses | $33M |
| INCOME BEFORE TAX | $247M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $190M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $190M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $190M |
| D&A | $25M |
| EBIT | $215M |
| EBITDA | $239M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $581M |
| Cost of Revenue | $221M |
| GROSS PROFIT | $360M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $73M |
| SG&A Expenses | $73M |
| Other Expenses | $72M |
| Operating Expenses | $145M |
| Cost & Expenses | $367M |
| OPERATING INCOME | $215M |
| Interest Income | $848.0K |
| Interest Expense | $250.0K |
| Other Income/Expenses | $33M |
| INCOME BEFORE TAX | $247M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $190M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $190M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $190M |
| D&A | $25M |
| EBIT | $215M |
| EBITDA | $239M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $190M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $43M |
| OPERATING CASH FLOW | $260M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$49M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$56M |
| Other Financing Activities | -$868.0K |
| NET CASH FROM FINANCING | -$147M |
| FREE CASH FLOW | $245M |
| Net Change in Cash | $76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $908M |
| Short-Term Investments | $31M |
| Net Receivables | $495M |
| Inventory | $0 |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $211M |
| Goodwill | $117M |
| Intangible Assets | $302M |
| Long-Term Investments | $195M |
| Tax Assets | $3M |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $892M |
| TOTAL ASSETS | $2.4B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $15M |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $285M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $114M |
| TOTAL LIABILITIES | $400M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $734M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $66M |
| Net Debt | -$842M |
