| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $320M | $316M | $295M | 1.3% | 8.8% |
| Op. Income | $126M | $98M | $110M | 27.8% | 14.8% |
| Gross Margin | 98.5% | 93.8% | 98.5% | 4.6pp | -0.1pp |
| Net Margin | 33.1% | 24.8% | 31.5% | 8.3pp | 1.6pp |
| EPS (Diluted) | $2.17 | $1.61 | $1.91 | 34.8% | 13.6% |
| Free Cash Flow | $187M | $159M | $110M | 18.1% | 70.4% |
| Item | Amount |
|---|---|
| REVENUE | $320M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $316M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $131M |
| SG&A Expenses | $136M |
| Other Expenses | $54M |
| Operating Expenses | $190M |
| Cost & Expenses | $195M |
| OPERATING INCOME | $126M |
| Interest Income | $222M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $126M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $106M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $106M |
| D&A | $13M |
| EBIT | $126M |
| EBITDA | $139M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $320M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $316M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $131M |
| SG&A Expenses | $136M |
| Other Expenses | $54M |
| Operating Expenses | $190M |
| Cost & Expenses | $195M |
| OPERATING INCOME | $126M |
| Interest Income | $222M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $126M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $106M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $106M |
| D&A | $13M |
| EBIT | $126M |
| EBITDA | $139M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $106M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | $53M |
| OPERATING CASH FLOW | $196M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $266M |
| Purchases of Investments | -$896M |
| Sales/Maturities of Investments | $519M |
| Other Investing Activities | -$695M |
| NET CASH FROM INVESTING | -$814M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | -$18M |
| Other Financing Activities | -$1.9B |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $187M |
| Net Change in Cash | -$2.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.7B |
| Short-Term Investments | $8.6B |
| Net Receivables | $396M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15.7B |
| PP&E (Net) | $265M |
| Goodwill | $182M |
| Intangible Assets | $16M |
| Long-Term Investments | $22.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.3B |
| TOTAL NON-CURRENT ASSETS | $24.9B |
| TOTAL ASSETS | $40.6B |
| Account Payables | $0 |
| Short-Term Debt | $2.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $34.4B |
| TOTAL CURRENT LIABILITIES | $37.4B |
| Long-Term Debt | $272M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $204M |
| TOTAL NON-CURRENT LIABILITIES | $476M |
| TOTAL LIABILITIES | $37.9B |
| Common Stock | $55M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$338M |
| Accum. Other Comp. Income | -$343M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $40.6B |
| Total Debt | $3.1B |
| Net Debt | -$3.6B |
