| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.4B | $1.2B | -3.2% | 15.2% |
| Op. Income | $253M | $297M | $230M | -14.7% | 10.1% |
| Gross Margin | 68.7% | 69.2% | 68.9% | -0.5pp | -0.2pp |
| Net Margin | 13.0% | 14.9% | 12.9% | -1.9pp | 0.2pp |
| EPS (Diluted) | $2.17 | $2.53 | $1.76 | -14.2% | 23.3% |
| Free Cash Flow | $283M | $395M | $331M | -28.3% | -14.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $417M |
| GROSS PROFIT | $915M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $613M |
| Other Expenses | $49M |
| Operating Expenses | $662M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $253M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $232M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $174M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $174M |
| D&A | $47M |
| EBIT | $262M |
| EBITDA | $310M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $417M |
| GROSS PROFIT | $915M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $613M |
| Other Expenses | $49M |
| Operating Expenses | $662M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $253M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $232M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $174M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $174M |
| D&A | $47M |
| EBIT | $262M |
| EBITDA | $310M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $174M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$780.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $65M |
| OPERATING CASH FLOW | $315M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$97M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$93M |
| FREE CASH FLOW | $283M |
| Net Change in Cash | $164M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $529M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $269M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $717M |
| Goodwill | $2.9B |
| Intangible Assets | $604M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $289M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $234M |
| Short-Term Debt | $622M |
| Deferred Revenue | $2.2B |
| Other Current Liabilities | $259.0K |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $405M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $3.6B |
| Treasury Stock | -$5.7B |
| Accum. Other Comp. Income | -$131M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$65M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$65M |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $3.7B |
| Net Debt | $3.2B |
