| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $248M | $239M | $229M | 3.8% | 8.1% |
| Op. Income | $107M | $109M | $113M | -2.0% | -5.4% |
| Gross Margin | 87.4% | 89.1% | 97.5% | -1.7pp | -10.1pp |
| Net Margin | 30.1% | 31.3% | 33.0% | -1.2pp | -2.9pp |
| EPS (Diluted) | $0.40 | $0.38 | $0.36 | 5.3% | 11.1% |
| Free Cash Flow | $112M | $100M | $76M | 11.9% | 46.1% |
| Item | Amount |
|---|---|
| REVENUE | $248M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $216M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $54M |
| SG&A Expenses | $60M |
| Other Expenses | $50M |
| Operating Expenses | $110M |
| Cost & Expenses | $141M |
| OPERATING INCOME | $107M |
| Interest Income | $223M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $8M |
| EBIT | $107M |
| EBITDA | $114M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $248M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $216M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $54M |
| SG&A Expenses | $60M |
| Other Expenses | $50M |
| Operating Expenses | $110M |
| Cost & Expenses | $141M |
| OPERATING INCOME | $107M |
| Interest Income | $223M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $8M |
| EBIT | $107M |
| EBITDA | $114M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $75M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $899.0K |
| Other Non-Cash Items | $20M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $115M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $190M |
| Other Investing Activities | -$108M |
| NET CASH FROM INVESTING | $50M |
| Net Debt Issuance | -$200M |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$576M |
| NET CASH FROM FINANCING | -$873M |
| FREE CASH FLOW | $112M |
| Net Change in Cash | -$709M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $553M |
| Short-Term Investments | $5.5B |
| Net Receivables | $61M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $143M |
| Goodwill | $39M |
| Intangible Assets | $23M |
| Long-Term Investments | $11.5B |
| Tax Assets | $166M |
| Other Non-Current Assets | $476M |
| TOTAL NON-CURRENT ASSETS | $12.4B |
| TOTAL ASSETS | $18.4B |
| Account Payables | $223M |
| Short-Term Debt | $200M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.6B |
| TOTAL CURRENT LIABILITIES | $17.0B |
| Long-Term Debt | $184M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $184M |
| TOTAL LIABILITIES | $17.2B |
| Common Stock | $22M |
| Additional Paid-In Capital | $969M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$457M |
| Accum. Other Comp. Income | -$863M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $18.4B |
| Total Debt | $384M |
| Net Debt | -$169M |
