| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $185M | $169M | $179M | 9.8% | 3.3% |
| Op. Income | $75M | $53M | $104M | 41.1% | -28.5% |
| Gross Margin | 92.7% | 93.9% | 109.5% | -1.2pp | -16.9pp |
| Net Margin | 33.6% | 25.9% | 47.6% | 7.7pp | -14.0pp |
| EPS (Diluted) | $0.79 | $0.54 | $1.05 | 46.3% | -24.8% |
| Free Cash Flow | $87M | $111M | $50M | -21.7% | 74.3% |
| Item | Amount |
|---|---|
| REVENUE | $185M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $58M |
| SG&A Expenses | $61M |
| Other Expenses | $36M |
| Operating Expenses | $97M |
| Cost & Expenses | $110M |
| OPERATING INCOME | $75M |
| Interest Income | $149M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $11M |
| EBIT | $75M |
| EBITDA | $86M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $185M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $58M |
| SG&A Expenses | $61M |
| Other Expenses | $36M |
| Operating Expenses | $97M |
| Cost & Expenses | $110M |
| OPERATING INCOME | $75M |
| Interest Income | $149M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $11M |
| EBIT | $75M |
| EBITDA | $86M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $88M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$53M |
| Sales/Maturities of Investments | $113M |
| Other Investing Activities | -$191M |
| NET CASH FROM INVESTING | -$133M |
| Net Debt Issuance | $294M |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$356M |
| NET CASH FROM FINANCING | -$109M |
| FREE CASH FLOW | $87M |
| Net Change in Cash | -$155M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $241M |
| Short-Term Investments | $3.0B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $129M |
| Goodwill | $925M |
| Intangible Assets | $32M |
| Long-Term Investments | $14.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $16.5B |
| TOTAL ASSETS | $19.7B |
| Account Payables | $0 |
| Short-Term Debt | $409M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.1B |
| TOTAL CURRENT LIABILITIES | $16.5B |
| Long-Term Debt | $389M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $344M |
| TOTAL NON-CURRENT LIABILITIES | $733M |
| TOTAL LIABILITIES | $17.3B |
| Common Stock | $99M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $842M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$316M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $19.7B |
| Total Debt | $798M |
| Net Debt | $557M |
