| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $909M | $900M | 16.7% | 17.9% |
| Op. Income | $143M | $102M | $118M | 39.5% | 20.8% |
| Gross Margin | 42.0% | 41.7% | 43.0% | 0.2pp | -1.0pp |
| Net Margin | 10.0% | 8.3% | 9.5% | 1.7pp | 0.4pp |
| EPS (Diluted) | $3.07 | $2.13 | $2.37 | 44.1% | 29.5% |
| Free Cash Flow | $25M | $29M | $94M | -14.9% | -74.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $616M |
| GROSS PROFIT | $445M |
| R&D Expenses | $0 |
| Selling & Marketing | $302M |
| General & Administrative | $0 |
| SG&A Expenses | $302M |
| Other Expenses | $0 |
| Operating Expenses | $302M |
| Cost & Expenses | $918M |
| OPERATING INCOME | $143M |
| Interest Income | $400.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $106M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $106M |
| D&A | $24M |
| EBIT | $145M |
| EBITDA | $168M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $616M |
| GROSS PROFIT | $445M |
| R&D Expenses | $0 |
| Selling & Marketing | $302M |
| General & Administrative | $0 |
| SG&A Expenses | $302M |
| Other Expenses | $0 |
| Operating Expenses | $302M |
| Cost & Expenses | $918M |
| OPERATING INCOME | $143M |
| Interest Income | $400.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $106M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $106M |
| D&A | $24M |
| EBIT | $145M |
| EBITDA | $168M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $106M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$169M |
| Other Non-Cash Items | $169M |
| Change in Working Capital | -$101M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$200.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $122M |
| Common Stock Repurchased | -$296M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$300.0K |
| NET CASH FROM FINANCING | -$178M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | -$157M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $318M |
| Short-Term Investments | $0 |
| Net Receivables | $597M |
| Inventory | $581M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $333M |
| Goodwill | $1.1B |
| Intangible Assets | $542M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $452M |
| Short-Term Debt | $122M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $255M |
| TOTAL CURRENT LIABILITIES | $867M |
| Long-Term Debt | $495M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $100M |
| Other Non-Current Liabilities | $182M |
| TOTAL NON-CURRENT LIABILITIES | $830M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $3.1B |
| Treasury Stock | -$2.1B |
| Accum. Other Comp. Income | -$104M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $686M |
| Net Debt | $368M |
