| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $311M | $275M | $270M | 13.2% | 15.2% |
| Op. Income | $110M | $93M | $113M | 18.6% | -2.9% |
| Gross Margin | 93.3% | 96.2% | 105.7% | -2.9pp | -12.4pp |
| Net Margin | 27.9% | 27.0% | 33.7% | 0.9pp | -5.8pp |
| EPS (Diluted) | $0.56 | $0.47 | $0.56 | 19.1% | 0.0% |
| Free Cash Flow | $227M | $229M | $59M | -1.0% | 282.9% |
| Item | Amount |
|---|---|
| REVENUE | $311M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $290M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $118M |
| SG&A Expenses | $124M |
| Other Expenses | $56M |
| Operating Expenses | $180M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $110M |
| Interest Income | $237M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $18M |
| EBIT | $110M |
| EBITDA | $128M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $311M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $290M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $118M |
| SG&A Expenses | $124M |
| Other Expenses | $56M |
| Operating Expenses | $180M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $110M |
| Interest Income | $237M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $18M |
| EBIT | $110M |
| EBITDA | $128M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $40M |
| Change in Working Capital | $90M |
| OPERATING CASH FLOW | $243M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$160M |
| Sales/Maturities of Investments | $189M |
| Other Investing Activities | -$2.1B |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | $2.0B |
| Common Stock Repurchased | -$885.0K |
| Common Dividends Paid | -$30M |
| Other Financing Activities | $171M |
| NET CASH FROM FINANCING | $2.2B |
| FREE CASH FLOW | $227M |
| Net Change in Cash | $366M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $834M |
| Short-Term Investments | $2.7B |
| Net Receivables | $95M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $388M |
| Goodwill | $1.1B |
| Intangible Assets | $130M |
| Long-Term Investments | $30.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $33.6B |
| TOTAL ASSETS | $37.2B |
| Account Payables | $0 |
| Short-Term Debt | $2.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28.6B |
| TOTAL CURRENT LIABILITIES | $31.8B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $37M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $33.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $2.8B |
| Treasury Stock | -$532M |
| Accum. Other Comp. Income | -$183M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $37.2B |
| Total Debt | $4.2B |
| Net Debt | $3.4B |
