| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $206M | $194M | $181M | 5.8% | 13.7% |
| Op. Income | $15M | $22M | $28M | -34.2% | -47.1% |
| Gross Margin | 61.9% | 64.2% | 63.4% | -2.3pp | -1.5pp |
| Net Margin | 8.2% | 8.2% | 14.3% | -0.0pp | -6.1pp |
| EPS (Diluted) | $0.45 | $0.43 | $0.72 | 4.7% | -37.5% |
| Free Cash Flow | $47M | $44M | $59M | 5.1% | -21.7% |
| Item | Amount |
|---|---|
| REVENUE | $206M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $127M |
| R&D Expenses | $16M |
| Selling & Marketing | $63M |
| General & Administrative | $34M |
| SG&A Expenses | $97M |
| Other Expenses | $0 |
| Operating Expenses | $113M |
| Cost & Expenses | $191M |
| OPERATING INCOME | $15M |
| Interest Income | $31.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$482.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $15M |
| EBIT | $15M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $206M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $127M |
| R&D Expenses | $16M |
| Selling & Marketing | $63M |
| General & Administrative | $34M |
| SG&A Expenses | $97M |
| Other Expenses | $0 |
| Operating Expenses | $113M |
| Cost & Expenses | $191M |
| OPERATING INCOME | $15M |
| Interest Income | $31.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$482.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $15M |
| EBIT | $15M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$45.0K |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $163.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$252.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $314M |
| Short-Term Investments | $0 |
| Net Receivables | $48M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $388M |
| PP&E (Net) | $83M |
| Goodwill | $220M |
| Intangible Assets | $124M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $463M |
| TOTAL ASSETS | $852M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $181M |
| Other Current Liabilities | $58M |
| TOTAL CURRENT LIABILITIES | $334M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $49M |
| TOTAL LIABILITIES | $383M |
| Common Stock | $392.0K |
| Additional Paid-In Capital | $377M |
| Retained Earnings | $230M |
| Treasury Stock | -$127M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $468M |
| Minority Interest | $0 |
| TOTAL EQUITY | $468M |
| TOTAL LIABILITIES & EQUITY | $852M |
| Total Debt | $37M |
| Net Debt | -$277M |
