| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.4B | $1.1B | -18.0% | -2.1% |
| Op. Income | $227M | $319M | $228M | -28.7% | -0.3% |
| Gross Margin | 98.4% | 99.2% | 99.2% | -0.8pp | -0.8pp |
| Net Margin | 15.6% | 19.3% | 15.3% | -3.7pp | 0.4pp |
| EPS (Diluted) | $1.39 | $2.12 | $1.40 | -34.4% | -0.7% |
| Free Cash Flow | -$688M | $286M | -$531M | -340.3% | -29.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $18M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $674M |
| SG&A Expenses | $674M |
| Other Expenses | $192M |
| Operating Expenses | $865M |
| Cost & Expenses | $883M |
| OPERATING INCOME | $227M |
| Interest Income | $165M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $227M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $174M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $164M |
| D&A | $17M |
| EBIT | $227M |
| EBITDA | $244M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $18M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $674M |
| SG&A Expenses | $674M |
| Other Expenses | $192M |
| Operating Expenses | $865M |
| Cost & Expenses | $883M |
| OPERATING INCOME | $227M |
| Interest Income | $165M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $227M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $174M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $164M |
| D&A | $17M |
| EBIT | $227M |
| EBITDA | $244M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $174M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $46M |
| Deferred Income Tax | $26M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$941M |
| OPERATING CASH FLOW | -$676M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$76M |
| Sales/Maturities of Investments | $193M |
| Other Investing Activities | -$1.0B |
| NET CASH FROM INVESTING | -$936M |
| Net Debt Issuance | $28M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$36M |
| Other Financing Activities | $1.2B |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | -$688M |
| Net Change in Cash | -$425M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $1.9B |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $929M |
| Goodwill | $1.3B |
| Intangible Assets | $141M |
| Long-Term Investments | $25.3B |
| Tax Assets | $110M |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $29.6B |
| TOTAL ASSETS | $35.1B |
| Account Payables | $2.7B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24.2B |
| TOTAL CURRENT LIABILITIES | $28.4B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $480M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $30.0B |
| Common Stock | $17M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $2.8B |
| Treasury Stock | -$271M |
| Accum. Other Comp. Income | -$63M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $35.1B |
| Total Debt | $2.7B |
| Net Debt | $1.1B |
