| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $412M | $427M | $471M | -3.4% | -12.4% |
| Op. Income | $41M | $55M | $11M | -26.1% | 262.4% |
| Gross Margin | 46.2% | 45.6% | 40.7% | 0.6pp | 5.5pp |
| Net Margin | 1.4% | 3.5% | -2.4% | -2.1pp | 3.8pp |
| EPS (Diluted) | $0.01 | $0.04 | $-0.03 | -75.0% | 133.9% |
| Free Cash Flow | $62M | $50M | $98M | 24.6% | -36.3% |
| Item | Amount |
|---|---|
| REVENUE | $412M |
| Cost of Revenue | $222M |
| GROSS PROFIT | $190M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $138M |
| SG&A Expenses | $150M |
| Other Expenses | $0 |
| Operating Expenses | $150M |
| Cost & Expenses | $372M |
| OPERATING INCOME | $41M |
| Interest Income | $4M |
| Interest Expense | $14M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $19M |
| EBIT | $34M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $412M |
| Cost of Revenue | $222M |
| GROSS PROFIT | $190M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $138M |
| SG&A Expenses | $150M |
| Other Expenses | $0 |
| Operating Expenses | $150M |
| Cost & Expenses | $372M |
| OPERATING INCOME | $41M |
| Interest Income | $4M |
| Interest Expense | $14M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $19M |
| EBIT | $34M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $58M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$72M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $18M |
| NET CASH FROM FINANCING | -$86M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $473M |
| Short-Term Investments | $0 |
| Net Receivables | $2.8B |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $182M |
| Goodwill | $487M |
| Intangible Assets | $197M |
| Long-Term Investments | $75M |
| Tax Assets | $0 |
| Other Non-Current Assets | $443M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $619M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $205M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $5M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | -$1.1B |
| Treasury Stock | -$691M |
| Accum. Other Comp. Income | -$53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $652M |
| Minority Interest | $59M |
| TOTAL EQUITY | $711M |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $1.1B |
| Net Debt | $580M |
