| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $456M | $408M | $320M | 11.8% | 42.5% |
| Op. Income | $99M | $89M | $86M | 10.1% | 14.3% |
| Gross Margin | 57.7% | 58.7% | 77.0% | -1.0pp | -19.2pp |
| Net Margin | 11.3% | 12.8% | 16.1% | -1.5pp | -4.8pp |
| EPS (Diluted) | $1.57 | $1.56 | $1.36 | 0.6% | 15.4% |
| Free Cash Flow | $223M | $225M | $98M | -1.2% | 128.2% |
| Item | Amount |
|---|---|
| REVENUE | $456M |
| Cost of Revenue | $193M |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $101M |
| General & Administrative | $37M |
| SG&A Expenses | $138M |
| Other Expenses | $26M |
| Operating Expenses | $165M |
| Cost & Expenses | $358M |
| OPERATING INCOME | $99M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $11M |
| EBIT | $68M |
| EBITDA | $79M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $456M |
| Cost of Revenue | $193M |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $101M |
| General & Administrative | $37M |
| SG&A Expenses | $138M |
| Other Expenses | $26M |
| Operating Expenses | $165M |
| Cost & Expenses | $358M |
| OPERATING INCOME | $99M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $11M |
| EBIT | $68M |
| EBITDA | $79M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $161M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $233M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$464M |
| NET CASH FROM INVESTING | -$474M |
| Net Debt Issuance | $218M |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $333.0K |
| NET CASH FROM FINANCING | $199M |
| FREE CASH FLOW | $223M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $88M |
| Short-Term Investments | $0 |
| Net Receivables | $2.9B |
| Inventory | $0 |
| Other Current Assets | $84M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $110M |
| Goodwill | $279M |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $472M |
| TOTAL ASSETS | $3.5B |
| Account Payables | $169M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $169M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $99M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $245M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$354M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $2.1B |
| Net Debt | $2.0B |
