| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $836M | $659M | $787M | 26.9% | 6.3% |
| Op. Income | $262M | $192M | $264M | 36.7% | -0.6% |
| Gross Margin | 58.0% | 58.9% | 59.2% | -0.8pp | -1.2pp |
| Net Margin | 25.9% | 24.5% | 27.8% | 1.4pp | -1.9pp |
| EPS (Diluted) | $3.52 | $2.60 | $3.49 | 35.4% | 0.9% |
| Free Cash Flow | $173M | $128M | $220M | 35.2% | -21.4% |
| Item | Amount |
|---|---|
| REVENUE | $836M |
| Cost of Revenue | $351M |
| GROSS PROFIT | $485M |
| R&D Expenses | $43M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $173M |
| Other Expenses | $7M |
| Operating Expenses | $223M |
| Cost & Expenses | $574M |
| OPERATING INCOME | $262M |
| Interest Income | $2M |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $252M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $216M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $216M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $216M |
| D&A | $34M |
| EBIT | $263M |
| EBITDA | $297M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $836M |
| Cost of Revenue | $351M |
| GROSS PROFIT | $485M |
| R&D Expenses | $43M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $173M |
| Other Expenses | $7M |
| Operating Expenses | $223M |
| Cost & Expenses | $574M |
| OPERATING INCOME | $262M |
| Interest Income | $2M |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $252M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $216M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $216M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $216M |
| D&A | $34M |
| EBIT | $263M |
| EBITDA | $297M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $216M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $218M |
| Capital Expenditure | -$45M |
| Acquisitions (Net) | -$921.0K |
| Purchases of Investments | -$921.0K |
| Sales/Maturities of Investments | $62M |
| Other Investing Activities | $921.0K |
| NET CASH FROM INVESTING | $17M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | -$156M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$254M |
| FREE CASH FLOW | $173M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $501M |
| Short-Term Investments | $68M |
| Net Receivables | $613M |
| Inventory | $356M |
| Other Current Assets | $91M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $633M |
| Goodwill | $438M |
| Intangible Assets | $242M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $153M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $97M |
| Short-Term Debt | $0 |
| Deferred Revenue | $228M |
| Other Current Liabilities | $256M |
| TOTAL CURRENT LIABILITIES | $681M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $473M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $7.8B |
| Treasury Stock | -$9.4B |
| Accum. Other Comp. Income | -$112M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $368M |
| Minority Interest | $0 |
| TOTAL EQUITY | $368M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.6B |
| Net Debt | $1.1B |
