| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B | 0.4% | 0.8% |
| Op. Income | $235M | $276M | $231M | -15.1% | 1.7% |
| Gross Margin | 26.7% | 30.0% | 26.5% | -3.3pp | 0.2pp |
| Net Margin | 14.7% | 17.3% | 14.7% | -2.6pp | 0.0pp |
| EPS (Diluted) | $1.90 | $2.26 | $1.84 | -15.9% | 3.3% |
| Free Cash Flow | $351M | $290M | $351M | 21.1% | -0.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $950M |
| GROSS PROFIT | $347M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $112M |
| Operating Expenses | $112M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $235M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $235M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $191M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $191M |
| D&A | $0 |
| EBIT | $259M |
| EBITDA | $259M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $950M |
| GROSS PROFIT | $347M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $112M |
| Operating Expenses | $112M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $235M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $235M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $191M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $191M |
| D&A | $0 |
| EBIT | $259M |
| EBITDA | $259M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $191M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $166M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $357M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$494M |
| Sales/Maturities of Investments | $217M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$283M |
| Net Debt Issuance | -$61M |
| Common Stock Repurchased | -$72M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$32M |
| NET CASH FROM FINANCING | -$170M |
| FREE CASH FLOW | $351M |
| Net Change in Cash | -$87M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $16.1B |
| Net Receivables | $475M |
| Inventory | $0 |
| Other Current Assets | -$16.7B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $482M |
| Intangible Assets | $0 |
| Long-Term Investments | $16.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$16.6B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $24.8B |
| Account Payables | $418M |
| Short-Term Debt | $435M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.4B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.6B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $20.5B |
| Common Stock | $109M |
| Additional Paid-In Capital | $541M |
| Retained Earnings | $6.6B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$1.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $24.8B |
| Total Debt | $2.1B |
| Net Debt | $2.0B |
