| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.3B | 2.2% | 12.2% |
| Op. Income | $223M | $237M | $231M | -5.9% | -3.5% |
| Gross Margin | 45.6% | 45.0% | 47.2% | 0.6pp | -1.6pp |
| Net Margin | 13.0% | 13.9% | 15.2% | -0.8pp | -2.2pp |
| EPS (Diluted) | $3.55 | $3.69 | $3.70 | -3.8% | -4.1% |
| Free Cash Flow | $212M | $284M | $413M | -25.4% | -48.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $798M |
| GROSS PROFIT | $669M |
| R&D Expenses | $145M |
| Selling & Marketing | $157M |
| General & Administrative | $89M |
| SG&A Expenses | $246M |
| Other Expenses | $55M |
| Operating Expenses | $446M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $223M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $226M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $191M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $191M |
| D&A | $51M |
| EBIT | $221M |
| EBITDA | $272M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $798M |
| GROSS PROFIT | $669M |
| R&D Expenses | $145M |
| Selling & Marketing | $157M |
| General & Administrative | $89M |
| SG&A Expenses | $246M |
| Other Expenses | $55M |
| Operating Expenses | $446M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $223M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $226M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $191M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $191M |
| D&A | $51M |
| EBIT | $221M |
| EBITDA | $272M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $191M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$63M |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $49M |
| OPERATING CASH FLOW | $233M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | -$145M |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$177M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $212M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $332M |
| Short-Term Investments | $0 |
| Net Receivables | $760M |
| Inventory | $491M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $403M |
| Goodwill | $3.3B |
| Intangible Assets | $469M |
| Long-Term Investments | $101M |
| Tax Assets | $192M |
| Other Non-Current Assets | $96M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $700M |
| Short-Term Debt | $69M |
| Deferred Revenue | $380M |
| Other Current Liabilities | $355M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $922M |
| Deferred Revenue NC | $315M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $67M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $462M |
| Retained Earnings | $3.6B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $1.1B |
| Net Debt | $813M |
