| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $571M | $543M | $526M | 5.2% | 8.6% |
| Op. Income | $209M | $200M | $222M | 4.3% | -6.1% |
| Gross Margin | 86.9% | 87.1% | 88.7% | -0.2pp | -1.8pp |
| Net Margin | 30.4% | 31.2% | 35.4% | -0.8pp | -5.0pp |
| EPS (Diluted) | $1.36 | $1.31 | $1.38 | 3.8% | -1.4% |
| Free Cash Flow | $205M | $393M | $260M | -47.9% | -21.2% |
| Item | Amount |
|---|---|
| REVENUE | $571M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $496M |
| R&D Expenses | $86M |
| Selling & Marketing | $171M |
| General & Administrative | $31M |
| SG&A Expenses | $201M |
| Other Expenses | $0 |
| Operating Expenses | $288M |
| Cost & Expenses | $362M |
| OPERATING INCOME | $209M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $219M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $174M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $174M |
| D&A | $9M |
| EBIT | $209M |
| EBITDA | $218M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $571M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $496M |
| R&D Expenses | $86M |
| Selling & Marketing | $171M |
| General & Administrative | $31M |
| SG&A Expenses | $201M |
| Other Expenses | $0 |
| Operating Expenses | $288M |
| Cost & Expenses | $362M |
| OPERATING INCOME | $209M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $219M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $174M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $174M |
| D&A | $9M |
| EBIT | $209M |
| EBITDA | $218M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $174M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $212M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$325M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $23M |
| NET CASH FROM FINANCING | -$302M |
| FREE CASH FLOW | $205M |
| Net Change in Cash | -$124M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $243M |
| Short-Term Investments | $1.4B |
| Net Receivables | $344M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $84M |
| Goodwill | $0 |
| Intangible Assets | $1.3B |
| Long-Term Investments | $2.0B |
| Tax Assets | $70M |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $457M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $455M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $465M |
| TOTAL NON-CURRENT LIABILITIES | $921M |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $800.0K |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $11.9B |
| Treasury Stock | -$11.2B |
| Accum. Other Comp. Income | -$88M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $0 |
| Net Debt | -$243M |
