| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $574M | $504M | — | 14.1% | — |
| Op. Income | $78M | $59M | — | 32.5% | — |
| Gross Margin | 99.3% | 99.2% | — | 0.1pp | — |
| Net Margin | 9.1% | 7.4% | — | 1.7pp | — |
| EPS (Diluted) | $1.30 | $0.95 | — | 36.8% | — |
| Free Cash Flow | $242M | $172M | — | 40.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $574M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $570M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $392M |
| SG&A Expenses | $392M |
| Other Expenses | $100M |
| Operating Expenses | $492M |
| Cost & Expenses | $496M |
| OPERATING INCOME | $78M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $952.0K |
| EBIT | $78M |
| EBITDA | $79M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $574M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $570M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $392M |
| SG&A Expenses | $392M |
| Other Expenses | $100M |
| Operating Expenses | $492M |
| Cost & Expenses | $496M |
| OPERATING INCOME | $78M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $952.0K |
| EBIT | $78M |
| EBITDA | $79M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $952.0K |
| Stock-Based Compensation | $121M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | $248M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$857M |
| Sales/Maturities of Investments | $673M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$190M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | -$29M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$77M |
| FREE CASH FLOW | $242M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $493M |
| Short-Term Investments | $1.1B |
| Net Receivables | $468M |
| Inventory | $0 |
| Other Current Assets | -$1.6B |
| TOTAL CURRENT ASSETS | $493M |
| PP&E (Net) | $530M |
| Goodwill | $124M |
| Intangible Assets | $124M |
| Long-Term Investments | $51M |
| Tax Assets | $265M |
| Other Non-Current Assets | -$440M |
| TOTAL NON-CURRENT ASSETS | $653M |
| TOTAL ASSETS | $3.2B |
| Account Payables | $29M |
| Short-Term Debt | $35M |
| Deferred Revenue | $8M |
| Other Current Liabilities | -$529M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $372M |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | -$726M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $820.0K |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $1.8B |
| Treasury Stock | -$3.5B |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $202M |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $846M |
| Net Debt | $353M |
