| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $380M | $378M | $363M | 0.4% | 4.5% |
| Op. Income | $156M | $157M | $155M | -0.8% | 0.7% |
| Gross Margin | 93.1% | 90.4% | 86.8% | 2.7pp | 6.3pp |
| Net Margin | 30.7% | 30.4% | 31.8% | 0.3pp | -1.1pp |
| EPS (Diluted) | $0.27 | $0.27 | $0.28 | 0.0% | -3.6% |
| Free Cash Flow | $496M | $254M | $313M | 95.2% | 58.3% |
| Item | Amount |
|---|---|
| REVENUE | $380M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $353M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $112M |
| SG&A Expenses | $112M |
| Other Expenses | $85M |
| Operating Expenses | $197M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $156M |
| Interest Income | $340M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $117M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $117M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $12M |
| EBIT | $156M |
| EBITDA | $168M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $380M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $353M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $112M |
| SG&A Expenses | $112M |
| Other Expenses | $85M |
| Operating Expenses | $197M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $156M |
| Interest Income | $340M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $117M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $117M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $12M |
| EBIT | $156M |
| EBITDA | $168M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $117M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $70M |
| Change in Working Capital | $290M |
| OPERATING CASH FLOW | $496M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | -$561M |
| Sales/Maturities of Investments | $210M |
| Other Investing Activities | -$1.2B |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | -$172M |
| Common Stock Repurchased | -$24M |
| Common Dividends Paid | -$46M |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | -$230M |
| FREE CASH FLOW | $496M |
| Net Change in Cash | -$1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $731M |
| Short-Term Investments | $51M |
| Net Receivables | $103M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $884M |
| PP&E (Net) | $596M |
| Goodwill | $1.5B |
| Intangible Assets | $75M |
| Long-Term Investments | $39.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $42.7B |
| TOTAL ASSETS | $43.6B |
| Account Payables | $0 |
| Short-Term Debt | $484M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $35.6B |
| TOTAL CURRENT LIABILITIES | $36.7B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $38.5B |
| Common Stock | $148M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | $945M |
| Treasury Stock | -$23M |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $43.6B |
| Total Debt | $2.2B |
| Net Debt | $1.5B |
