| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $893M | $861M | $755M | 3.7% | 18.2% |
| Op. Income | $389M | $370M | $339M | 5.0% | 14.9% |
| Gross Margin | 77.2% | 78.5% | 80.2% | -1.2pp | -3.0pp |
| Net Margin | 27.9% | 30.4% | 31.0% | -2.6pp | -3.1pp |
| EPS (Diluted) | $3.29 | $3.35 | $2.80 | -1.8% | 17.5% |
| Free Cash Flow | $356M | $119M | $214M | 199.3% | 65.9% |
| Item | Amount |
|---|---|
| REVENUE | $893M |
| Cost of Revenue | $203M |
| GROSS PROFIT | $690M |
| R&D Expenses | $0 |
| Selling & Marketing | $74M |
| General & Administrative | $149M |
| SG&A Expenses | $223M |
| Other Expenses | $77M |
| Operating Expenses | $301M |
| Cost & Expenses | $504M |
| OPERATING INCOME | $389M |
| Interest Income | $0 |
| Interest Expense | $45M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $340M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $249M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $249M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $249M |
| D&A | $77M |
| EBIT | $385M |
| EBITDA | $463M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $893M |
| Cost of Revenue | $203M |
| GROSS PROFIT | $690M |
| R&D Expenses | $0 |
| Selling & Marketing | $74M |
| General & Administrative | $149M |
| SG&A Expenses | $223M |
| Other Expenses | $77M |
| Operating Expenses | $301M |
| Cost & Expenses | $504M |
| OPERATING INCOME | $389M |
| Interest Income | $0 |
| Interest Expense | $45M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $340M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $249M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $249M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $249M |
| D&A | $77M |
| EBIT | $385M |
| EBITDA | $463M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $249M |
| Depreciation & Amortization | $77M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $39M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $397M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | -$126M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$167M |
| Net Debt Issuance | $345M |
| Common Stock Repurchased | -$500M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$163M |
| FREE CASH FLOW | $356M |
| Net Change in Cash | -$56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $0 |
| Other Current Assets | $2.5B |
| TOTAL CURRENT ASSETS | $6.6B |
| PP&E (Net) | $273M |
| Goodwill | $5.1B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $74M |
| Tax Assets | $0 |
| Other Non-Current Assets | $315M |
| TOTAL NON-CURRENT ASSETS | $7.9B |
| TOTAL ASSETS | $14.5B |
| Account Payables | $1.7B |
| Short-Term Debt | $2.5B |
| Deferred Revenue | $1.6B |
| Other Current Liabilities | $478M |
| TOTAL CURRENT LIABILITIES | $6.6B |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $571M |
| Other Non-Current Liabilities | $304M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $12.3B |
| Common Stock | $128.0K |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $7.0B |
| Treasury Stock | -$6.1B |
| Accum. Other Comp. Income | -$1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $14.5B |
| Total Debt | $7.2B |
| Net Debt | $5.9B |
