| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $333M | $312M | $317M | 6.9% | 5.0% |
| Op. Income | $112M | $105M | $144M | 6.1% | -22.5% |
| Gross Margin | 86.9% | 91.4% | 103.3% | -4.5pp | -16.4pp |
| Net Margin | 25.2% | 25.2% | 34.1% | 0.0pp | -8.8pp |
| EPS (Diluted) | $0.39 | $0.36 | $0.49 | 8.3% | -20.4% |
| Free Cash Flow | $318M | $304M | $251M | 4.6% | 26.7% |
| Item | Amount |
|---|---|
| REVENUE | $333M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $289M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $112M |
| SG&A Expenses | $114M |
| Other Expenses | $64M |
| Operating Expenses | $178M |
| Cost & Expenses | $221M |
| OPERATING INCOME | $112M |
| Interest Income | $303M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $7M |
| EBIT | $112M |
| EBITDA | $118M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $333M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $289M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $112M |
| SG&A Expenses | $114M |
| Other Expenses | $64M |
| Operating Expenses | $178M |
| Cost & Expenses | $221M |
| OPERATING INCOME | $112M |
| Interest Income | $303M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $7M |
| EBIT | $112M |
| EBITDA | $118M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $84M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $89M |
| Change in Working Capital | $142M |
| OPERATING CASH FLOW | $324M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $93M |
| Other Investing Activities | -$1.1B |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $750M |
| Common Stock Repurchased | -$41.0K |
| Common Dividends Paid | -$46M |
| Other Financing Activities | $540M |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | $318M |
| Net Change in Cash | $551M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $3.1B |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $247M |
| Goodwill | $0 |
| Intangible Assets | $202M |
| Long-Term Investments | $23.8B |
| Tax Assets | $128M |
| Other Non-Current Assets | $757M |
| TOTAL NON-CURRENT ASSETS | $25.1B |
| TOTAL ASSETS | $31.5B |
| Account Payables | $0 |
| Short-Term Debt | $384M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $26.8B |
| TOTAL CURRENT LIABILITIES | $27.2B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $588M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $29.1B |
| Common Stock | $3.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$581M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$450M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $31.5B |
| Total Debt | $1.6B |
| Net Debt | $95M |
