| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $434M | $460M | $283M | -5.7% | 53.0% |
| Op. Income | $49M | $60M | $48M | -18.1% | 1.7% |
| Gross Margin | 40.0% | 39.6% | 47.0% | 0.4pp | -7.0pp |
| Net Margin | 12.6% | 9.6% | 19.1% | 3.0pp | -6.5pp |
| EPS (Diluted) | $1.29 | $1.04 | $1.29 | 24.0% | 0.0% |
| Free Cash Flow | $95M | $193M | $84M | -50.7% | 13.7% |
| Item | Amount |
|---|---|
| REVENUE | $434M |
| Cost of Revenue | $260M |
| GROSS PROFIT | $173M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $100M |
| Other Expenses | $0 |
| Operating Expenses | $124M |
| Cost & Expenses | $385M |
| OPERATING INCOME | $49M |
| Interest Income | $295.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $41M |
| EBIT | $48M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $434M |
| Cost of Revenue | $260M |
| GROSS PROFIT | $173M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $100M |
| Other Expenses | $0 |
| Operating Expenses | $124M |
| Cost & Expenses | $385M |
| OPERATING INCOME | $49M |
| Interest Income | $295.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $41M |
| EBIT | $48M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $115M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$79.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$88M |
| Common Stock Repurchased | -$2.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $95M |
| Net Change in Cash | $75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $309M |
| Short-Term Investments | $52M |
| Net Receivables | $539M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $964M |
| PP&E (Net) | $221M |
| Goodwill | $2.4B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $46M |
| Tax Assets | $0 |
| Other Non-Current Assets | $60M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $120M |
| Short-Term Debt | $30M |
| Deferred Revenue | $511M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $830M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $38.0K |
| Deferred Tax Liabilities | $228M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $481.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$26M |
| Accum. Other Comp. Income | -$46.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $1.4B |
| Net Debt | $1.1B |
