| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.2B | 2.4% | 7.5% |
| Op. Income | $320M | $340M | $269M | -5.9% | 19.2% |
| Gross Margin | 48.8% | 49.4% | 45.8% | -0.6pp | 3.0pp |
| Net Margin | 19.4% | 14.6% | 16.4% | 4.8pp | 3.0pp |
| EPS (Diluted) | $0.94 | $0.69 | $0.74 | 36.2% | 27.0% |
| Free Cash Flow | $444M | $346M | $403M | 28.2% | 10.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $663M |
| GROSS PROFIT | $631M |
| R&D Expenses | $109M |
| Selling & Marketing | $108M |
| General & Administrative | $95M |
| SG&A Expenses | $203M |
| Other Expenses | $0 |
| Operating Expenses | $311M |
| Cost & Expenses | $974M |
| OPERATING INCOME | $320M |
| Interest Income | $6M |
| Interest Expense | $53M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $290M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $251M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $251M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $251M |
| D&A | $167M |
| EBIT | $343M |
| EBITDA | $510M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $663M |
| GROSS PROFIT | $631M |
| R&D Expenses | $109M |
| Selling & Marketing | $108M |
| General & Administrative | $95M |
| SG&A Expenses | $203M |
| Other Expenses | $0 |
| Operating Expenses | $311M |
| Cost & Expenses | $974M |
| OPERATING INCOME | $320M |
| Interest Income | $6M |
| Interest Expense | $53M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $290M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $251M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $251M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $251M |
| D&A | $167M |
| EBIT | $343M |
| EBITDA | $510M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $251M |
| Depreciation & Amortization | $167M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | $52M |
| OPERATING CASH FLOW | $484M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | $72M |
| Purchases of Investments | -$66M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$202M |
| Common Stock Repurchased | -$124M |
| Common Dividends Paid | -$51M |
| Other Financing Activities | $186M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $444M |
| Net Change in Cash | $468M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $564M |
| Short-Term Investments | $0 |
| Net Receivables | $3.5B |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $673M |
| Goodwill | $8.0B |
| Intangible Assets | $3.6B |
| Long-Term Investments | $479M |
| Tax Assets | $0 |
| Other Non-Current Assets | $319M |
| TOTAL NON-CURRENT ASSETS | $13.1B |
| TOTAL ASSETS | $17.3B |
| Account Payables | $29M |
| Short-Term Debt | $47M |
| Deferred Revenue | $334M |
| Other Current Liabilities | $3.1B |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $5.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $835M |
| Other Non-Current Liabilities | $254M |
| TOTAL NON-CURRENT LIABILITIES | $7.3B |
| TOTAL LIABILITIES | $11.1B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.9B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$784M |
| Accum. Other Comp. Income | -$242M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.2B |
| Minority Interest | $58M |
| TOTAL EQUITY | $6.2B |
| TOTAL LIABILITIES & EQUITY | $17.3B |
| Total Debt | $6.2B |
| Net Debt | $5.7B |
