| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $415M | $445M | $385M | -6.6% | 7.9% |
| Op. Income | $170M | $229M | $65M | -25.8% | 160.0% |
| Gross Margin | 91.7% | 93.8% | 91.0% | -2.1pp | 0.7pp |
| Net Margin | 27.0% | 36.6% | 25.7% | -9.6pp | 1.4pp |
| EPS (Diluted) | $2.35 | $3.42 | $2.19 | -31.3% | 7.3% |
| Free Cash Flow | $104M | $162M | $114M | -35.9% | -8.7% |
| Item | Amount |
|---|---|
| REVENUE | $415M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $381M |
| R&D Expenses | $83M |
| Selling & Marketing | $16M |
| General & Administrative | $112M |
| SG&A Expenses | $128M |
| Other Expenses | $0 |
| Operating Expenses | $211M |
| Cost & Expenses | $245M |
| OPERATING INCOME | $170M |
| Interest Income | $4M |
| Interest Expense | $5M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $13M |
| EBIT | $169M |
| EBITDA | $182M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $415M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $381M |
| R&D Expenses | $83M |
| Selling & Marketing | $16M |
| General & Administrative | $112M |
| SG&A Expenses | $128M |
| Other Expenses | $0 |
| Operating Expenses | $211M |
| Cost & Expenses | $245M |
| OPERATING INCOME | $170M |
| Interest Income | $4M |
| Interest Expense | $5M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $13M |
| EBIT | $169M |
| EBITDA | $182M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $112M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $38M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $175M |
| Capital Expenditure | -$71M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$497M |
| Sales/Maturities of Investments | $372M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$196M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$200.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | $104M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $895M |
| Short-Term Investments | $1.0B |
| Net Receivables | $199M |
| Inventory | $94M |
| Other Current Assets | $100M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $781M |
| Goodwill | $28M |
| Intangible Assets | $17M |
| Long-Term Investments | $1.6B |
| Tax Assets | $262M |
| Other Non-Current Assets | $108M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $248M |
| TOTAL CURRENT LIABILITIES | $305M |
| Long-Term Debt | $800M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $105M |
| TOTAL NON-CURRENT LIABILITIES | $905M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $4.3B |
| Treasury Stock | -$2.6B |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $800M |
| Net Debt | -$95M |
