| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $614M | $461M | $480M | 33.1% | 27.8% |
| Op. Income | $410M | $92M | $560M | 344.4% | -26.8% |
| Gross Margin | 87.7% | 50.5% | 142.3% | 37.2pp | -54.7pp |
| Net Margin | 49.9% | 15.8% | 90.1% | 34.1pp | -40.2pp |
| EPS (Diluted) | $1.05 | $0.24 | $1.14 | 337.5% | -7.9% |
| Free Cash Flow | $46M | $85M | $26M | -46.2% | 72.2% |
| Item | Amount |
|---|---|
| REVENUE | $614M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $538M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $64M |
| SG&A Expenses | $64M |
| Other Expenses | $65M |
| Operating Expenses | $128M |
| Cost & Expenses | $204M |
| OPERATING INCOME | $410M |
| Interest Income | $458M |
| Interest Expense | $91M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $410M |
| Income Tax Expense | $104M |
| Net Income from Continuing Ops | $306M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $306M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $305M |
| D&A | $5M |
| EBIT | $410M |
| EBITDA | $415M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $614M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $538M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $64M |
| SG&A Expenses | $64M |
| Other Expenses | $65M |
| Operating Expenses | $128M |
| Cost & Expenses | $204M |
| OPERATING INCOME | $410M |
| Interest Income | $458M |
| Interest Expense | $91M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $410M |
| Income Tax Expense | $104M |
| Net Income from Continuing Ops | $306M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $306M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $305M |
| D&A | $5M |
| EBIT | $410M |
| EBITDA | $415M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $306M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$216M |
| Other Non-Cash Items | -$143M |
| Change in Working Capital | $88M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$97M |
| Sales/Maturities of Investments | $67M |
| Other Investing Activities | $1.5B |
| NET CASH FROM INVESTING | $1.4B |
| Net Debt Issuance | $507M |
| Common Stock Repurchased | -$254M |
| Common Dividends Paid | -$31M |
| Other Financing Activities | -$37M |
| NET CASH FROM FINANCING | $184M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | $1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.3B |
| Short-Term Investments | $2.5B |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.3B |
| PP&E (Net) | $151M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $20.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $284M |
| TOTAL NON-CURRENT ASSETS | $20.9B |
| TOTAL ASSETS | $29.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.8B |
| TOTAL CURRENT LIABILITIES | $20.8B |
| Long-Term Debt | $5.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $313M |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $27.1B |
| Common Stock | $86M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.8B |
| Treasury Stock | -$2.1B |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $29.2B |
| Total Debt | $5.9B |
| Net Debt | $1.6B |
