| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $458M | $456M | $470M | 0.4% | -2.5% |
| Op. Income | $120M | $141M | $332M | -14.9% | -64.0% |
| Gross Margin | 73.4% | 74.4% | 75.9% | -1.0pp | -2.5pp |
| Net Margin | 19.0% | 23.6% | 53.2% | -4.6pp | -34.3pp |
| EPS (Diluted) | $6.49 | $7.94 | $15.79 | -18.3% | -58.9% |
| Free Cash Flow | $325M | $250M | $267M | 30.1% | 22.0% |
| Item | Amount |
|---|---|
| REVENUE | $458M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $336M |
| R&D Expenses | $0 |
| Selling & Marketing | $20M |
| General & Administrative | $17M |
| SG&A Expenses | $36M |
| Other Expenses | $180M |
| Operating Expenses | $217M |
| Cost & Expenses | $338M |
| OPERATING INCOME | $120M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $6M |
| EBIT | $120M |
| EBITDA | $126M |
| EPS | $7 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $458M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $336M |
| R&D Expenses | $0 |
| Selling & Marketing | $20M |
| General & Administrative | $17M |
| SG&A Expenses | $36M |
| Other Expenses | $180M |
| Operating Expenses | $217M |
| Cost & Expenses | $338M |
| OPERATING INCOME | $120M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $6M |
| EBIT | $120M |
| EBITDA | $126M |
| EPS | $7 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $180M |
| Change in Working Capital | $46M |
| OPERATING CASH FLOW | $326M |
| Capital Expenditure | -$900.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$168M |
| NET CASH FROM INVESTING | -$173M |
| Net Debt Issuance | -$169M |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$189M |
| FREE CASH FLOW | $325M |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $395M |
| Short-Term Investments | $5M |
| Net Receivables | $29M |
| Inventory | $0 |
| Other Current Assets | -$430M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $52M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$52M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $6.9B |
| Account Payables | $0 |
| Short-Term Debt | $315M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $239M |
| TOTAL CURRENT LIABILITIES | $554M |
| Long-Term Debt | $4.3B |
| Deferred Revenue NC | $55M |
| Deferred Tax Liabilities | $438M |
| Other Non-Current Liabilities | -$4.8B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $236M |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $6.9B |
| Total Debt | $4.6B |
| Net Debt | $4.2B |
