| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $616M | $607M | $513M | 1.5% | 20.0% |
| Op. Income | $183M | $213M | $182M | -14.3% | 0.5% |
| Gross Margin | 79.1% | 83.0% | 83.0% | -3.9pp | -3.9pp |
| Net Margin | 18.8% | 29.9% | 5.7% | -11.1pp | 13.1pp |
| EPS (Diluted) | $0.50 | $0.78 | $0.13 | -35.9% | 284.6% |
| Free Cash Flow | $238M | $0 | $313M | — | -23.8% |
| Item | Amount |
|---|---|
| REVENUE | $616M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $488M |
| R&D Expenses | $114M |
| Selling & Marketing | $152M |
| General & Administrative | $39M |
| SG&A Expenses | $191M |
| Other Expenses | $0 |
| Operating Expenses | $305M |
| Cost & Expenses | $434M |
| OPERATING INCOME | $183M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $0 |
| EBIT | $183M |
| EBITDA | $183M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $616M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $488M |
| R&D Expenses | $114M |
| Selling & Marketing | $152M |
| General & Administrative | $39M |
| SG&A Expenses | $191M |
| Other Expenses | $0 |
| Operating Expenses | $305M |
| Cost & Expenses | $434M |
| OPERATING INCOME | $183M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $0 |
| EBIT | $183M |
| EBITDA | $183M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $44M |
| Change in Working Capital | $46M |
| OPERATING CASH FLOW | $250M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $1.1B |
| Sales/Maturities of Investments | -$954M |
| Other Investing Activities | $155M |
| NET CASH FROM INVESTING | $144M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $790M |
| NET CASH FROM FINANCING | $188M |
| FREE CASH FLOW | $238M |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $711M |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $73M |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $68M |
| Goodwill | $130M |
| Intangible Assets | $167M |
| Long-Term Investments | $1.2B |
| Tax Assets | $41M |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $7.5B |
| Account Payables | $198M |
| Short-Term Debt | $897M |
| Deferred Revenue | $91M |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $67M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $59.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $157M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $94M |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $7.5B |
| Total Debt | $2.4B |
| Net Debt | $11M |