| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.9B | $4.2B | 0.2% | -30.2% |
| Op. Income | $192M | $410M | $125M | -53.2% | 53.7% |
| Gross Margin | 24.2% | 31.0% | 14.4% | -6.8pp | 9.8pp |
| Net Margin | 5.4% | 11.2% | 3.2% | -5.8pp | 2.2pp |
| EPS (Diluted) | $0.78 | $1.60 | $0.66 | -51.2% | 18.2% |
| Free Cash Flow | $360M | $430M | -$701M | -16.3% | 151.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $711M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $249M |
| SG&A Expenses | $249M |
| Other Expenses | $270M |
| Operating Expenses | $519M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $192M |
| Interest Income | $0 |
| Interest Expense | $51M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $160M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $160M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $160M |
| D&A | $30M |
| EBIT | $242M |
| EBITDA | $272M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $711M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $249M |
| SG&A Expenses | $249M |
| Other Expenses | $270M |
| Operating Expenses | $519M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $192M |
| Interest Income | $0 |
| Interest Expense | $51M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $160M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $160M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $160M |
| D&A | $30M |
| EBIT | $242M |
| EBITDA | $272M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $160M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$95M |
| Change in Working Capital | $293M |
| OPERATING CASH FLOW | $388M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $961M |
| Other Investing Activities | -$167M |
| NET CASH FROM INVESTING | -$435M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$61M |
| Other Financing Activities | $110M |
| NET CASH FROM FINANCING | -$100.0K |
| FREE CASH FLOW | $360M |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $512M |
| Goodwill | $352M |
| Intangible Assets | $0 |
| Long-Term Investments | $52.2B |
| Tax Assets | $1.1B |
| Other Non-Current Assets | $15.5B |
| TOTAL NON-CURRENT ASSETS | $69.6B |
| TOTAL ASSETS | $71.2B |
| Account Payables | $0 |
| Short-Term Debt | $23M |
| Deferred Revenue | $348M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $370M |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $1.6B |
| Other Non-Current Liabilities | $54.3B |
| TOTAL NON-CURRENT LIABILITIES | $59.4B |
| TOTAL LIABILITIES | $59.8B |
| Common Stock | $31M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $11.9B |
| Treasury Stock | -$3.2B |
| Accum. Other Comp. Income | $354M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.4B |
| TOTAL LIABILITIES & EQUITY | $71.2B |
| Total Debt | $3.6B |
| Net Debt | $3.5B |
