| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $275M | $282M | $269M | -2.8% | 2.0% |
| Op. Income | $65M | $87M | $93M | -24.9% | -29.6% |
| Gross Margin | 71.5% | 72.1% | 74.6% | -0.6pp | -3.0pp |
| Net Margin | 21.4% | 23.8% | 28.8% | -2.4pp | -7.4pp |
| EPS (Diluted) | $0.34 | $0.38 | $0.43 | -10.5% | -20.9% |
| Free Cash Flow | $37M | $45M | $92M | -16.7% | -59.3% |
| Item | Amount |
|---|---|
| REVENUE | $275M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $196M |
| R&D Expenses | $34M |
| Selling & Marketing | -$3M |
| General & Administrative | $83M |
| SG&A Expenses | $80M |
| Other Expenses | $17M |
| Operating Expenses | $131M |
| Cost & Expenses | $209M |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$726.0K |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $5M |
| EBIT | $83M |
| EBITDA | $87M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $275M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $196M |
| R&D Expenses | $34M |
| Selling & Marketing | -$3M |
| General & Administrative | $83M |
| SG&A Expenses | $80M |
| Other Expenses | $17M |
| Operating Expenses | $131M |
| Cost & Expenses | $209M |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$726.0K |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $5M |
| EBIT | $83M |
| EBITDA | $87M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $59M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $47M |
| Change in Working Capital | -$72M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$13M |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | $13M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$24M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $820.0K |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $177M |
| Short-Term Investments | $183M |
| Net Receivables | $174M |
| Inventory | $96M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $735M |
| PP&E (Net) | $112M |
| Goodwill | $240M |
| Intangible Assets | $10M |
| Long-Term Investments | $428M |
| Tax Assets | $412M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $75M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $192M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $284M |
| Other Non-Current Liabilities | $50M |
| TOTAL NON-CURRENT LIABILITIES | $361M |
| TOTAL LIABILITIES | $553M |
| Common Stock | $347.0K |
| Additional Paid-In Capital | $947M |
| Retained Earnings | $512M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$70M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $34M |
| Net Debt | -$143M |
