| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.1B | $1.2B | 24.7% | 11.6% |
| Op. Income | $300M | $199M | $229M | 51.0% | 31.1% |
| Gross Margin | 24.4% | 21.2% | 22.5% | 3.2pp | 1.9pp |
| Net Margin | 19.1% | 15.8% | 15.6% | 3.3pp | 3.5pp |
| EPS (Diluted) | $0.32 | $0.21 | $0.23 | 52.4% | 40.6% |
| Free Cash Flow | -$780M | $261M | -$759M | -398.6% | -2.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $329M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $69M |
| Other Expenses | -$40M |
| Operating Expenses | $29M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $300M |
| Interest Income | $14M |
| Interest Expense | $4M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $310M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $255M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $258M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $258M |
| D&A | $0 |
| EBIT | $311M |
| EBITDA | $311M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $329M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $69M |
| Other Expenses | -$40M |
| Operating Expenses | $29M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $300M |
| Interest Income | $14M |
| Interest Expense | $4M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $310M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $255M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $258M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $258M |
| D&A | $0 |
| EBIT | $311M |
| EBITDA | $311M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $258M |
| Depreciation & Amortization | $87M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $184M |
| Change in Working Capital | -$56M |
| OPERATING CASH FLOW | $442M |
| Capital Expenditure | -$1.2B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$411M |
| NET CASH FROM INVESTING | -$411M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$557M |
| Common Dividends Paid | -$198M |
| Other Financing Activities | -$115M |
| NET CASH FROM FINANCING | -$115M |
| FREE CASH FLOW | -$780M |
| Net Change in Cash | -$91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $416M |
| Net Receivables | $668M |
| Inventory | $12M |
| Other Current Assets | $72M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $3.8B |
| Goodwill | $620M |
| Intangible Assets | $785M |
| Long-Term Investments | $723M |
| Tax Assets | $137M |
| Other Non-Current Assets | $407M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $9.2B |
| Account Payables | $286M |
| Short-Term Debt | $531M |
| Deferred Revenue | $179M |
| Other Current Liabilities | $247M |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $43M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $124M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $78.2K |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $3.3B |
| Treasury Stock | -$302M |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.1B |
| Minority Interest | $42M |
| TOTAL EQUITY | $7.1B |
| TOTAL LIABILITIES & EQUITY | $9.2B |
| Total Debt | $649M |
| Net Debt | -$772M |
