| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $926M | $901M | $830M | 2.7% | 11.6% |
| Op. Income | $128M | $148M | $122M | -13.4% | 4.8% |
| Gross Margin | 55.2% | 56.0% | 56.5% | -0.7pp | -1.2pp |
| Net Margin | 12.5% | 13.8% | 21.7% | -1.3pp | -9.3pp |
| EPS (Diluted) | $0.45 | $0.49 | $0.71 | -8.2% | -36.6% |
| Free Cash Flow | $141M | $156M | $177M | -10.1% | -20.4% |
| Item | Amount |
|---|---|
| REVENUE | $926M |
| Cost of Revenue | $415M |
| GROSS PROFIT | $512M |
| R&D Expenses | $136M |
| Selling & Marketing | $134M |
| General & Administrative | $99M |
| SG&A Expenses | $233M |
| Other Expenses | $15M |
| Operating Expenses | $384M |
| Cost & Expenses | $798M |
| OPERATING INCOME | $128M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $44M |
| EBIT | $134M |
| EBITDA | $178M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $926M |
| Cost of Revenue | $415M |
| GROSS PROFIT | $512M |
| R&D Expenses | $136M |
| Selling & Marketing | $134M |
| General & Administrative | $99M |
| SG&A Expenses | $233M |
| Other Expenses | $15M |
| Operating Expenses | $384M |
| Cost & Expenses | $798M |
| OPERATING INCOME | $128M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $44M |
| EBIT | $134M |
| EBITDA | $178M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $115M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $155M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$235M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$255M |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | -$55M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | -$85M |
| FREE CASH FLOW | $141M |
| Net Change in Cash | -$188M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $326M |
| Short-Term Investments | $0 |
| Net Receivables | $625M |
| Inventory | $363M |
| Other Current Assets | $137M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $374M |
| Goodwill | $4.0B |
| Intangible Assets | $507M |
| Long-Term Investments | $0 |
| Tax Assets | $502M |
| Other Non-Current Assets | $285M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $207M |
| Short-Term Debt | $0 |
| Deferred Revenue | $549M |
| Other Current Liabilities | $433M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $83M |
| Deferred Tax Liabilities | $263M |
| Other Non-Current Liabilities | $206M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$162M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $1.4B |
| Net Debt | $1.1B |
