| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $720M | $729M | $671M | -1.3% | 7.3% |
| Op. Income | $187M | $181M | $180M | 3.3% | 3.6% |
| Gross Margin | 39.6% | 40.1% | 40.6% | -0.6pp | -1.1pp |
| Net Margin | 24.1% | 20.3% | 22.5% | 3.9pp | 1.6pp |
| EPS (Diluted) | $2.29 | $1.93 | $1.99 | 18.7% | 15.1% |
| Free Cash Flow | $85M | $84M | $34M | 1.3% | 151.2% |
| Item | Amount |
|---|---|
| REVENUE | $720M |
| Cost of Revenue | $435M |
| GROSS PROFIT | $285M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $98M |
| Cost & Expenses | $533M |
| OPERATING INCOME | $187M |
| Interest Income | $300.0K |
| Interest Expense | $2M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $195M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $174M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $174M |
| D&A | $30M |
| EBIT | $190M |
| EBITDA | $219M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $720M |
| Cost of Revenue | $435M |
| GROSS PROFIT | $285M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $98M |
| Cost & Expenses | $533M |
| OPERATING INCOME | $187M |
| Interest Income | $300.0K |
| Interest Expense | $2M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $195M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $174M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $174M |
| D&A | $30M |
| EBIT | $190M |
| EBITDA | $219M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $174M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$50M |
| OPERATING CASH FLOW | $151M |
| Capital Expenditure | -$66M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$68M |
| Net Debt Issuance | -$600.0K |
| Common Stock Repurchased | -$166M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$173M |
| FREE CASH FLOW | $85M |
| Net Change in Cash | -$95M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $668M |
| Short-Term Investments | $0 |
| Net Receivables | $499M |
| Inventory | $417M |
| Other Current Assets | $108M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $1.1B |
| Goodwill | $109M |
| Intangible Assets | $22M |
| Long-Term Investments | $208M |
| Tax Assets | $66M |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $248M |
| Short-Term Debt | $44M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $170M |
| TOTAL CURRENT LIABILITIES | $585M |
| Long-Term Debt | $208M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $103M |
| TOTAL NON-CURRENT LIABILITIES | $384M |
| TOTAL LIABILITIES | $969M |
| Common Stock | $19M |
| Additional Paid-In Capital | $220M |
| Retained Earnings | $2.6B |
| Treasury Stock | -$347M |
| Accum. Other Comp. Income | -$182M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $331M |
| Net Debt | -$337M |
