| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $895M | $819M | — | 9.3% | — |
| Op. Income | $359M | $300M | — | 19.7% | — |
| Gross Margin | 90.9% | 91.8% | — | -0.8pp | — |
| Net Margin | 31.4% | 30.0% | — | 1.4pp | — |
| EPS (Diluted) | $0.77 | $0.67 | — | 14.9% | — |
| Free Cash Flow | $292M | -$192M | — | 252.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $895M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $814M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $149M |
| SG&A Expenses | $149M |
| Other Expenses | $306M |
| Operating Expenses | $455M |
| Cost & Expenses | $536M |
| OPERATING INCOME | $359M |
| Interest Income | $108M |
| Interest Expense | $81M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $359M |
| Income Tax Expense | $76M |
| Net Income from Continuing Ops | $282M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $281M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $281M |
| D&A | $43M |
| EBIT | $359M |
| EBITDA | $401M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $895M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $814M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $149M |
| SG&A Expenses | $149M |
| Other Expenses | $306M |
| Operating Expenses | $455M |
| Cost & Expenses | $536M |
| OPERATING INCOME | $359M |
| Interest Income | $108M |
| Interest Expense | $81M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $359M |
| Income Tax Expense | $76M |
| Net Income from Continuing Ops | $282M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $281M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $281M |
| D&A | $43M |
| EBIT | $359M |
| EBITDA | $401M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $281M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$103M |
| Change in Working Capital | $80M |
| OPERATING CASH FLOW | $300M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$150M |
| Purchases of Investments | -$70M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$227M |
| Net Debt Issuance | $58M |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | -$118M |
| Other Financing Activities | $113M |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | $292M |
| Net Change in Cash | $53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $595M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $468M |
| Goodwill | $103M |
| Intangible Assets | $822M |
| Long-Term Investments | $2.9B |
| Tax Assets | $18M |
| Other Non-Current Assets | $14.6B |
| TOTAL NON-CURRENT ASSETS | $18.9B |
| TOTAL ASSETS | $21.1B |
| Account Payables | $379M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $379M |
| Long-Term Debt | $8.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.8B |
| TOTAL NON-CURRENT LIABILITIES | $14.1B |
| TOTAL LIABILITIES | $14.4B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $3.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$440M |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $537M |
| TOTAL EQUITY | $6.7B |
| TOTAL LIABILITIES & EQUITY | $21.1B |
| Total Debt | $8.3B |
| Net Debt | $6.7B |
