| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $3.0B | $4.3B | 0.3% | -30.3% |
| Op. Income | $242M | $467M | $170M | -48.1% | 42.3% |
| Gross Margin | 98.4% | 98.4% | 95.9% | -0.1pp | 2.4pp |
| Net Margin | 5.4% | 11.1% | 3.2% | -5.7pp | 2.2pp |
| EPS (Diluted) | $0.78 | $1.60 | $0.66 | -51.2% | 18.2% |
| Free Cash Flow | $452M | $430M | -$701M | 5.1% | 164.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $48M |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $285M |
| Other Expenses | -$797M |
| Operating Expenses | $797M |
| Cost & Expenses | -$2.7B |
| OPERATING INCOME | $242M |
| Interest Income | $0 |
| Interest Expense | $51M |
| Other Income/Expenses | -$2.5B |
| 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 | $3.8B |
| EBITDA | $272M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $48M |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $285M |
| Other Expenses | -$797M |
| Operating Expenses | $797M |
| Cost & Expenses | -$2.7B |
| OPERATING INCOME | $242M |
| Interest Income | $0 |
| Interest Expense | $51M |
| Other Income/Expenses | -$2.5B |
| 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 | $3.8B |
| EBITDA | $272M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $160M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $35M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$40M |
| Change in Working Capital | $295M |
| OPERATING CASH FLOW | $480M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$407M |
| NET CASH FROM INVESTING | -$435M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$61M |
| Other Financing Activities | $19M |
| NET CASH FROM FINANCING | -$92M |
| FREE CASH FLOW | $452M |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $4.4B |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $512M |
| Goodwill | $352M |
| Intangible Assets | $2.3B |
| Long-Term Investments | $1.2B |
| Tax Assets | $1.1B |
| Other Non-Current Assets | $49.7B |
| TOTAL NON-CURRENT ASSETS | $55.2B |
| TOTAL ASSETS | $59.5B |
| Account Payables | $0 |
| Short-Term Debt | $23M |
| Deferred Revenue | $145M |
| Other Current Liabilities | -$37M |
| TOTAL CURRENT LIABILITIES | -$11.5B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $1.6B |
| Other Non-Current Liabilities | $54.6B |
| TOTAL NON-CURRENT LIABILITIES | $59.6B |
| TOTAL LIABILITIES | $48.1B |
| 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 | $59.5B |
| Total Debt | $3.5B |
| Net Debt | $3.4B |
