| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $328M | $326M | $278M | 0.6% | 18.1% |
| Op. Income | $51M | $32M | $12M | 61.1% | 317.2% |
| Gross Margin | 52.1% | 47.7% | 43.9% | 4.4pp | 8.2pp |
| Net Margin | 5.8% | 4.2% | 32.4% | 1.6pp | -26.6pp |
| EPS (Diluted) | $0.48 | $0.35 | $2.57 | 37.1% | -81.3% |
| Free Cash Flow | $99M | $133M | $49M | -25.4% | 103.1% |
| Item | Amount |
|---|---|
| REVENUE | $328M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $171M |
| R&D Expenses | $78M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $42M |
| Operating Expenses | $120M |
| Cost & Expenses | $277M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $32M |
| EBIT | $51M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $328M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $171M |
| R&D Expenses | $78M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $42M |
| Operating Expenses | $120M |
| Cost & Expenses | $277M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $32M |
| EBIT | $51M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | $80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $836M |
| Short-Term Investments | $0 |
| Net Receivables | $228M |
| Inventory | $82M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $123M |
| Goodwill | $570M |
| Intangible Assets | $302M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $98M |
| Short-Term Debt | $487M |
| Deferred Revenue | $43M |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $787M |
| Long-Term Debt | $394M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $473M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $781M |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $967M |
| Minority Interest | $0 |
| TOTAL EQUITY | $967M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $915M |
| Net Debt | $79M |
