| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $378M | $371M | $382M | 1.9% | -0.9% |
| Op. Income | $157M | $165M | $143M | -4.7% | 9.7% |
| Gross Margin | 90.4% | 91.6% | 82.9% | -1.2pp | 7.5pp |
| Net Margin | 30.4% | 33.0% | 27.6% | -2.6pp | 2.8pp |
| EPS (Diluted) | $0.27 | $0.29 | $0.25 | -6.9% | 8.0% |
| Free Cash Flow | $254M | $129M | $171M | 97.3% | 48.6% |
| Item | Amount |
|---|---|
| REVENUE | $378M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $342M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $107M |
| SG&A Expenses | $107M |
| Other Expenses | $78M |
| Operating Expenses | $185M |
| Cost & Expenses | $221M |
| OPERATING INCOME | $157M |
| Interest Income | $340M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $157M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $19M |
| EBIT | $157M |
| EBITDA | $177M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $378M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $342M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $107M |
| SG&A Expenses | $107M |
| Other Expenses | $78M |
| Operating Expenses | $185M |
| Cost & Expenses | $221M |
| OPERATING INCOME | $157M |
| Interest Income | $340M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $157M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $19M |
| EBIT | $157M |
| EBITDA | $177M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $115M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $58M |
| Change in Working Capital | $57M |
| OPERATING CASH FLOW | $254M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$270M |
| Sales/Maturities of Investments | $255M |
| Other Investing Activities | -$325M |
| NET CASH FROM INVESTING | -$339M |
| Net Debt Issuance | -$128M |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | -$45M |
| Other Financing Activities | $838M |
| NET CASH FROM FINANCING | $635M |
| FREE CASH FLOW | $254M |
| Net Change in Cash | $550M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $1.1B |
| Net Receivables | $97M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $585M |
| Goodwill | $1.5B |
| Intangible Assets | $70M |
| Long-Term Investments | $36.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $40.2B |
| TOTAL ASSETS | $43.4B |
| Account Payables | $0 |
| Short-Term Debt | $656M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $35.6B |
| TOTAL CURRENT LIABILITIES | $36.6B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $38.4B |
| Common Stock | $148M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | $884M |
| Treasury Stock | -$23M |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $43.4B |
| Total Debt | $2.4B |
| Net Debt | $369M |
