| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $491M | $443M | $447M | 10.8% | 9.8% |
| Op. Income | $230M | $207M | $212M | 11.1% | 8.5% |
| Gross Margin | 74.9% | 78.6% | 78.5% | -3.6pp | -3.6pp |
| Net Margin | 34.8% | 35.0% | 34.0% | -0.2pp | 0.8pp |
| EPS (Diluted) | $1.03 | $0.93 | $0.91 | 10.8% | 13.2% |
| Free Cash Flow | $215M | $184M | -$112M | 16.8% | 292.0% |
| Item | Amount |
|---|---|
| REVENUE | $491M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $368M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $112M |
| SG&A Expenses | $112M |
| Other Expenses | $26M |
| Operating Expenses | $138M |
| Cost & Expenses | $261M |
| OPERATING INCOME | $230M |
| Interest Income | $473M |
| Interest Expense | $114M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $230M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $171M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $171M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $4M |
| EBIT | $230M |
| EBITDA | $234M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $491M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $368M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $112M |
| SG&A Expenses | $112M |
| Other Expenses | $26M |
| Operating Expenses | $138M |
| Cost & Expenses | $261M |
| OPERATING INCOME | $230M |
| Interest Income | $473M |
| Interest Expense | $114M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $230M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $171M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $171M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $4M |
| EBIT | $230M |
| EBITDA | $234M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $171M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $214M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$519M |
| Sales/Maturities of Investments | $234M |
| Other Investing Activities | -$1.7B |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | -$1.0B |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$79M |
| Other Financing Activities | $3.3B |
| NET CASH FROM FINANCING | $2.2B |
| FREE CASH FLOW | $215M |
| Net Change in Cash | $377M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.3B |
| Short-Term Investments | $4.6B |
| Net Receivables | $1.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.6B |
| PP&E (Net) | $484M |
| Goodwill | $2.4B |
| Intangible Assets | $0 |
| Long-Term Investments | $46.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.0B |
| TOTAL NON-CURRENT ASSETS | $53.5B |
| TOTAL ASSETS | $63.1B |
| Account Payables | $0 |
| Short-Term Debt | $800M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $41.2B |
| TOTAL CURRENT LIABILITIES | $42.0B |
| Long-Term Debt | $13.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $486M |
| TOTAL NON-CURRENT LIABILITIES | $14.2B |
| TOTAL LIABILITIES | $56.3B |
| Common Stock | $5M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $893M |
| Treasury Stock | -$238M |
| Accum. Other Comp. Income | -$453M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.8B |
| TOTAL LIABILITIES & EQUITY | $63.1B |
| Total Debt | $14.5B |
| Net Debt | $11.3B |
