| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $926M | — | $770M | — | 20.3% |
| Op. Income | $232M | — | $235M | — | -1.5% |
| Gross Margin | 49.2% | — | 48.7% | — | 0.5pp |
| Net Margin | 17.4% | — | 19.0% | — | -1.6pp |
| EPS (Diluted) | $0.57 | — | $0.52 | — | 9.6% |
| Free Cash Flow | $240M | — | $238M | — | 0.5% |
| Item | Amount |
|---|---|
| REVENUE | $926M |
| Cost of Revenue | $470M |
| GROSS PROFIT | $456M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $224M |
| Operating Expenses | $224M |
| Cost & Expenses | $695M |
| OPERATING INCOME | $232M |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $218M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $55M |
| EBIT | $261M |
| EBITDA | $316M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $926M |
| Cost of Revenue | $470M |
| GROSS PROFIT | $456M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $224M |
| Operating Expenses | $224M |
| Cost & Expenses | $695M |
| OPERATING INCOME | $232M |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $218M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $55M |
| EBIT | $261M |
| EBITDA | $316M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $161M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | -$26M |
| Change in Working Capital | $34M |
| OPERATING CASH FLOW | $254M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$1.4B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | -$117M |
| Common Stock Repurchased | -$300.0K |
| Common Dividends Paid | -$29M |
| Other Financing Activities | -$43M |
| NET CASH FROM FINANCING | -$189M |
| FREE CASH FLOW | $240M |
| Net Change in Cash | -$1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $580M |
| Short-Term Investments | $11M |
| Net Receivables | $2.4B |
| Inventory | $0 |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $454M |
| Goodwill | $6.5B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $24M |
| Tax Assets | $0 |
| Other Non-Current Assets | $220M |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $13.7B |
| Account Payables | $276M |
| Short-Term Debt | $68M |
| Deferred Revenue | $431M |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $572M |
| Other Non-Current Liabilities | $305M |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $9.3B |
| Common Stock | $30M |
| Additional Paid-In Capital | $903M |
| Retained Earnings | $4.4B |
| Treasury Stock | -$748M |
| Accum. Other Comp. Income | -$316M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $13.7B |
| Total Debt | $4.3B |
| Net Debt | $3.7B |
