| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $230M | $229M | $213M | 0.4% | 8.0% |
| Op. Income | $102M | $90M | $90M | 13.0% | 13.1% |
| Gross Margin | 70.7% | 53.0% | 52.5% | 17.8pp | 18.2pp |
| Net Margin | 31.0% | 30.4% | 30.6% | 0.5pp | 0.4pp |
| EPS (Diluted) | $0.97 | $0.94 | $0.88 | 3.2% | 10.2% |
| Free Cash Flow | $74M | $108M | $79M | -31.7% | -7.1% |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $163M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $54M |
| SG&A Expenses | $54M |
| Other Expenses | $7M |
| Operating Expenses | $61M |
| Cost & Expenses | $128M |
| OPERATING INCOME | $102M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $11M |
| EBIT | $99M |
| EBITDA | $110M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $163M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $54M |
| SG&A Expenses | $54M |
| Other Expenses | $7M |
| Operating Expenses | $61M |
| Cost & Expenses | $128M |
| OPERATING INCOME | $102M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $11M |
| EBIT | $99M |
| EBITDA | $110M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $71M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$171.0K |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$70M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$102M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $0 |
| Net Receivables | $94M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $140M |
| PP&E (Net) | $25M |
| Goodwill | $982M |
| Intangible Assets | $1.3B |
| Long-Term Investments | $32M |
| Tax Assets | $0 |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $48M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $353M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $76M |
| Other Non-Current Liabilities | $96M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $779.0K |
| Additional Paid-In Capital | $679M |
| Retained Earnings | $456M |
| Treasury Stock | -$172M |
| Accum. Other Comp. Income | $22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $986M |
| Minority Interest | $0 |
| TOTAL EQUITY | $986M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $1.1B |
| Net Debt | $1.0B |
