| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.3B | $1.4B | 21.8% | 10.4% |
| Op. Income | $246M | $69M | $239M | 257.0% | 2.8% |
| Gross Margin | 29.7% | 22.3% | 30.9% | 7.4pp | -1.2pp |
| Net Margin | 11.5% | 3.7% | 11.9% | 7.8pp | -0.4pp |
| EPS (Diluted) | $1.49 | $0.40 | $1.40 | 272.5% | 6.4% |
| Free Cash Flow | $56M | $28M | $86M | 101.8% | -35.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $456M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $210M |
| Other Expenses | $0 |
| Operating Expenses | $210M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $246M |
| Interest Income | $300.0K |
| Interest Expense | $20M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $223M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $177M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $100.0K |
| NET INCOME | $177M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $177M |
| D&A | $113M |
| EBIT | $246M |
| EBITDA | $359M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $456M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $210M |
| Other Expenses | $0 |
| Operating Expenses | $210M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $246M |
| Interest Income | $300.0K |
| Interest Expense | $20M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $223M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $177M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $100.0K |
| NET INCOME | $177M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $177M |
| D&A | $113M |
| EBIT | $246M |
| EBITDA | $359M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $177M |
| Depreciation & Amortization | $82M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $31M |
| Other Non-Cash Items | $34M |
| Change in Working Capital | -$262M |
| OPERATING CASH FLOW | $81M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $11M |
| Common Stock Repurchased | -$400.0K |
| Common Dividends Paid | -$75M |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $277M |
| Short-Term Investments | $0 |
| Net Receivables | $988M |
| Inventory | $0 |
| Other Current Assets | $230M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $408M |
| Goodwill | $3.6B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $208M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $198M |
| Short-Term Debt | $0 |
| Deferred Revenue | $278M |
| Other Current Liabilities | $381M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $4.2B |
| Deferred Revenue NC | $220M |
| Deferred Tax Liabilities | $428M |
| Other Non-Current Liabilities | $291M |
| TOTAL NON-CURRENT LIABILITIES | $5.4B |
| TOTAL LIABILITIES | $6.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $2.7B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | -$150M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $4.5B |
| Net Debt | $4.2B |
