| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.2B | 9.0% | 17.9% |
| Op. Income | $297M | $217M | $275M | 36.8% | 8.2% |
| Gross Margin | 69.2% | 70.1% | 69.9% | -1.0pp | -0.8pp |
| Net Margin | 14.9% | 13.7% | 23.2% | 1.2pp | -8.4pp |
| EPS (Diluted) | $2.53 | $2.08 | $3.13 | 21.6% | -19.2% |
| Free Cash Flow | $395M | $150M | $563M | 162.2% | -30.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $425M |
| GROSS PROFIT | $952M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $605M |
| Other Expenses | $50M |
| Operating Expenses | $655M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $297M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $276M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $205M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $205M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $205M |
| D&A | $48M |
| EBIT | $306M |
| EBITDA | $353M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $425M |
| GROSS PROFIT | $952M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $605M |
| Other Expenses | $50M |
| Operating Expenses | $655M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $297M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $276M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $205M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $205M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $205M |
| D&A | $48M |
| EBIT | $306M |
| EBITDA | $353M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $205M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | $108M |
| OPERATING CASH FLOW | $416M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$479M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$475M |
| FREE CASH FLOW | $395M |
| Net Change in Cash | -$96M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $360M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $0 |
| Other Current Assets | $312M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $732M |
| Goodwill | $2.9B |
| Intangible Assets | $645M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $289M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $684M |
| Short-Term Debt | $98M |
| Deferred Revenue | $2.4B |
| Other Current Liabilities | $272.0K |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $36M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $417M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $6.7B |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $3.4B |
| Treasury Stock | -$5.6B |
| Accum. Other Comp. Income | -$105M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$143M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$143M |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $3.2B |
| Net Debt | $2.8B |
