| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $884M | $893M | $802M | -1.1% | 10.1% |
| Op. Income | $369M | $389M | $340M | -5.1% | 8.5% |
| Gross Margin | 77.2% | 77.2% | 78.6% | -0.0pp | -1.4pp |
| Net Margin | 25.5% | 27.9% | 28.0% | -2.4pp | -2.5pp |
| EPS (Diluted) | $3.03 | $3.29 | $2.74 | -7.9% | 10.6% |
| Free Cash Flow | $272M | $356M | $560M | -23.4% | -51.4% |
| Item | Amount |
|---|---|
| REVENUE | $884M |
| Cost of Revenue | $202M |
| GROSS PROFIT | $682M |
| R&D Expenses | $0 |
| Selling & Marketing | $79M |
| General & Administrative | $144M |
| SG&A Expenses | $223M |
| Other Expenses | $90M |
| Operating Expenses | $313M |
| Cost & Expenses | $514M |
| OPERATING INCOME | $369M |
| Interest Income | $0 |
| Interest Expense | $74M |
| Other Income/Expenses | -$72M |
| INCOME BEFORE TAX | $297M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $225M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $225M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $225M |
| D&A | $90M |
| EBIT | $372M |
| EBITDA | $461M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $884M |
| Cost of Revenue | $202M |
| GROSS PROFIT | $682M |
| R&D Expenses | $0 |
| Selling & Marketing | $79M |
| General & Administrative | $144M |
| SG&A Expenses | $223M |
| Other Expenses | $90M |
| Operating Expenses | $313M |
| Cost & Expenses | $514M |
| OPERATING INCOME | $369M |
| Interest Income | $0 |
| Interest Expense | $74M |
| Other Income/Expenses | -$72M |
| INCOME BEFORE TAX | $297M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $225M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $225M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $225M |
| D&A | $90M |
| EBIT | $372M |
| EBITDA | $461M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $225M |
| Depreciation & Amortization | $90M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$25M |
| Other Non-Cash Items | $44M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | $316M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | -$57M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$101M |
| Net Debt Issuance | -$189M |
| Common Stock Repurchased | -$110M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$344.0K |
| NET CASH FROM FINANCING | -$271M |
| FREE CASH FLOW | $272M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $0 |
| Other Current Assets | $2.6B |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $295M |
| Goodwill | $5.2B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $74M |
| Tax Assets | $0 |
| Other Non-Current Assets | $282M |
| TOTAL NON-CURRENT ASSETS | $8.0B |
| TOTAL ASSETS | $14.1B |
| Account Payables | $1.6B |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $1.5B |
| Other Current Liabilities | $304M |
| TOTAL CURRENT LIABILITIES | $6.0B |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $527M |
| Other Non-Current Liabilities | $254M |
| TOTAL NON-CURRENT LIABILITIES | $5.5B |
| TOTAL LIABILITIES | $11.5B |
| Common Stock | $128.0K |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $7.2B |
| Treasury Stock | -$6.2B |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $14.1B |
| Total Debt | $7.0B |
| Net Debt | $5.6B |
