| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $885M | $865M | $798M | 2.3% | 10.8% |
| Op. Income | $139M | $93M | $159M | 49.9% | -12.7% |
| Gross Margin | 17.1% | 12.0% | 21.6% | 5.1pp | -4.5pp |
| Net Margin | 11.2% | 8.5% | 15.9% | 2.7pp | -4.7pp |
| EPS (Diluted) | $1.59 | $1.18 | $2.10 | 34.7% | -24.3% |
| Free Cash Flow | $221M | $245M | $169M | -9.8% | 30.9% |
| Item | Amount |
|---|---|
| REVENUE | $885M |
| Cost of Revenue | $733M |
| GROSS PROFIT | $151M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $7M |
| Operating Expenses | $12M |
| Cost & Expenses | $746M |
| OPERATING INCOME | $139M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $14M |
| EBIT | $131M |
| EBITDA | $145M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $885M |
| Cost of Revenue | $733M |
| GROSS PROFIT | $151M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $7M |
| Operating Expenses | $12M |
| Cost & Expenses | $746M |
| OPERATING INCOME | $139M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $14M |
| EBIT | $131M |
| EBITDA | $145M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $99M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$35M |
| Change in Working Capital | $141M |
| OPERATING CASH FLOW | $228M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$201M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$76.0K |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $221M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $455.0K |
| Short-Term Investments | $7.2B |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | -$8.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $82M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $7.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7.6B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $10.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$121M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $501M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | -$519M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $7.5B |
| Common Stock | $209M |
| Additional Paid-In Capital | $464M |
| Retained Earnings | $2.6B |
| Treasury Stock | -$609M |
| Accum. Other Comp. Income | $115M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $10.5B |
| Total Debt | $506M |
| Net Debt | $506M |
