| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $489M | $431M | $400M | 13.4% | 22.3% |
| Op. Income | $97M | $123M | $118M | -21.2% | -17.4% |
| Gross Margin | 54.5% | 53.7% | 48.6% | 0.7pp | 5.8pp |
| Net Margin | 15.3% | 25.5% | 25.2% | -10.2pp | -9.9pp |
| EPS (Diluted) | $1.93 | $2.84 | $2.62 | -32.0% | -26.3% |
| Free Cash Flow | $177M | $110M | $122M | 60.4% | 45.1% |
| Item | Amount |
|---|---|
| REVENUE | $489M |
| Cost of Revenue | $223M |
| GROSS PROFIT | $266M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $120M |
| Other Expenses | $49M |
| Operating Expenses | $169M |
| Cost & Expenses | $391M |
| OPERATING INCOME | $97M |
| Interest Income | $4M |
| Interest Expense | $16M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $10M |
| 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 | $38M |
| EBIT | $101M |
| EBITDA | $140M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $489M |
| Cost of Revenue | $223M |
| GROSS PROFIT | $266M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $120M |
| Other Expenses | $49M |
| Operating Expenses | $169M |
| Cost & Expenses | $391M |
| OPERATING INCOME | $97M |
| Interest Income | $4M |
| Interest Expense | $16M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $10M |
| 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 | $38M |
| EBIT | $101M |
| EBITDA | $140M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $75M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $49M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $192M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$1.9B |
| Purchases of Investments | -$428.0K |
| Sales/Maturities of Investments | $1.9B |
| Other Investing Activities | -$1.9B |
| NET CASH FROM INVESTING | -$1.9B |
| Net Debt Issuance | $1.5B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$31M |
| Other Financing Activities | -$5.0K |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | $177M |
| Net Change in Cash | -$246M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $527M |
| Short-Term Investments | $34M |
| Net Receivables | $226M |
| Inventory | $0 |
| Other Current Assets | $55M |
| TOTAL CURRENT ASSETS | $873M |
| PP&E (Net) | $263M |
| Goodwill | $979M |
| Intangible Assets | $1.9B |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $96M |
| Short-Term Debt | $0 |
| Deferred Revenue | $169M |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $413M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $416.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$928M |
| Accum. Other Comp. Income | -$77M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $2.4B |
| Net Debt | $1.8B |
