| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $526M | $491M | $430M | 7.1% | 22.3% |
| Op. Income | $205M | $230M | $199M | -10.9% | 3.0% |
| Gross Margin | 64.8% | 74.9% | 77.7% | -10.1pp | -12.8pp |
| Net Margin | 28.9% | 34.8% | 34.7% | -5.9pp | -5.8pp |
| EPS (Diluted) | $0.91 | $1.03 | $0.89 | -11.7% | 2.2% |
| Free Cash Flow | $232M | $215M | $60M | 7.9% | 286.7% |
| Item | Amount |
|---|---|
| REVENUE | $526M |
| Cost of Revenue | $185M |
| GROSS PROFIT | $341M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $110M |
| SG&A Expenses | $110M |
| Other Expenses | $26M |
| Operating Expenses | $136M |
| Cost & Expenses | $321M |
| OPERATING INCOME | $205M |
| Interest Income | $509M |
| Interest Expense | $183M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $205M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $152M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $152M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $142M |
| D&A | $4M |
| EBIT | $205M |
| EBITDA | $209M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $526M |
| Cost of Revenue | $185M |
| GROSS PROFIT | $341M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $110M |
| SG&A Expenses | $110M |
| Other Expenses | $26M |
| Operating Expenses | $136M |
| Cost & Expenses | $321M |
| OPERATING INCOME | $205M |
| Interest Income | $509M |
| Interest Expense | $183M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $205M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $152M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $152M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $142M |
| D&A | $4M |
| EBIT | $205M |
| EBITDA | $209M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $152M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $56M |
| OPERATING CASH FLOW | $232M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $174M |
| Other Investing Activities | -$442M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | -$510M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$79M |
| Other Financing Activities | $461M |
| NET CASH FROM FINANCING | -$137M |
| FREE CASH FLOW | $232M |
| Net Change in Cash | -$1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $6.1B |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.5B |
| PP&E (Net) | $477M |
| Goodwill | $2.4B |
| Intangible Assets | $0 |
| Long-Term Investments | $47.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.4B |
| TOTAL NON-CURRENT ASSETS | $53.4B |
| TOTAL ASSETS | $63.0B |
| Account Payables | $0 |
| Short-Term Debt | $300M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $41.7B |
| TOTAL CURRENT LIABILITIES | $42.0B |
| Long-Term Debt | $13.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $480M |
| TOTAL NON-CURRENT LIABILITIES | $14.2B |
| TOTAL LIABILITIES | $56.2B |
| Common Stock | $5M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $957M |
| Treasury Stock | -$238M |
| Accum. Other Comp. Income | -$602M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.7B |
| TOTAL LIABILITIES & EQUITY | $63.0B |
| Total Debt | $14.0B |
| Net Debt | $12.3B |
