| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.2B | $2.2B | 3.8% | 4.2% |
| Op. Income | $475M | $628M | -$503M | -24.4% | 194.4% |
| Gross Margin | 50.5% | 51.4% | 51.0% | -0.9pp | -0.4pp |
| Net Margin | 14.0% | 15.6% | -30.9% | -1.6pp | 44.9pp |
| EPS (Diluted) | $0.80 | $0.80 | $-1.60 | 0.0% | 150.0% |
| Free Cash Flow | $483M | $363M | $448M | 33.1% | 7.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $68M |
| Selling & Marketing | $331M |
| General & Administrative | $138M |
| SG&A Expenses | $469M |
| Other Expenses | $141M |
| Operating Expenses | $678M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $475M |
| Interest Income | $0 |
| Interest Expense | $102M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | $374M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $319M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $319M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $321M |
| D&A | $139M |
| EBIT | $476M |
| EBITDA | $615M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $68M |
| Selling & Marketing | $331M |
| General & Administrative | $138M |
| SG&A Expenses | $469M |
| Other Expenses | $141M |
| Operating Expenses | $678M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $475M |
| Interest Income | $0 |
| Interest Expense | $102M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | $374M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $319M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $319M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $321M |
| D&A | $139M |
| EBIT | $476M |
| EBITDA | $615M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $318M |
| Depreciation & Amortization | $139M |
| Stock-Based Compensation | $53M |
| Deferred Income Tax | $30M |
| Other Non-Cash Items | $28M |
| Change in Working Capital | $59M |
| OPERATING CASH FLOW | $627M |
| Capital Expenditure | -$144M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$150M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | -$349M |
| Common Dividends Paid | -$88M |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$450M |
| FREE CASH FLOW | $483M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $191M |
| Short-Term Investments | $0 |
| Net Receivables | $722M |
| Inventory | $0 |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $1.8B |
| Goodwill | $3.2B |
| Intangible Assets | $3.2B |
| Long-Term Investments | $334M |
| Tax Assets | $200M |
| Other Non-Current Assets | $415M |
| TOTAL NON-CURRENT ASSETS | $9.1B |
| TOTAL ASSETS | $10.3B |
| Account Payables | $1.3B |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.5B |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $8.8B |
| Deferred Revenue NC | $97M |
| Deferred Tax Liabilities | $478M |
| Other Non-Current Liabilities | $150M |
| TOTAL NON-CURRENT LIABILITIES | $9.9B |
| TOTAL LIABILITIES | $12.9B |
| Common Stock | $4M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.6B |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2.6B |
| TOTAL LIABILITIES & EQUITY | $10.3B |
| Total Debt | $9.2B |
| Net Debt | $9.1B |
