| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $494M | $488M | $422M | 1.2% | 16.9% |
| Op. Income | $126M | $134M | $94M | -5.9% | 34.2% |
| Gross Margin | 42.7% | 43.3% | 39.0% | -0.6pp | 3.8pp |
| Net Margin | 19.4% | 20.9% | 17.0% | -1.6pp | 2.3pp |
| EPS (Diluted) | $1.30 | $1.38 | $0.94 | -5.8% | 38.3% |
| Free Cash Flow | $78M | $97M | $40M | -20.1% | 93.2% |
| Item | Amount |
|---|---|
| REVENUE | $494M |
| Cost of Revenue | $283M |
| GROSS PROFIT | $211M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $85M |
| Cost & Expenses | $368M |
| OPERATING INCOME | $126M |
| Interest Income | $6.0K |
| Interest Expense | $447.0K |
| Other Income/Expenses | -$441.0K |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $44M |
| EBIT | $126M |
| EBITDA | $170M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $494M |
| Cost of Revenue | $283M |
| GROSS PROFIT | $211M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $85M |
| Cost & Expenses | $368M |
| OPERATING INCOME | $126M |
| Interest Income | $6.0K |
| Interest Expense | $447.0K |
| Other Income/Expenses | -$441.0K |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $44M |
| EBIT | $126M |
| EBITDA | $170M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $96M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $73.0K |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | $91M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $24.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | $175M |
| Common Stock Repurchased | -$194M |
| Common Dividends Paid | -$34M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $0 |
| Net Receivables | $259M |
| Inventory | $0 |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $467M |
| PP&E (Net) | $241M |
| Goodwill | $687M |
| Intangible Assets | $491M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $393M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $209M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $373M |
| Long-Term Debt | $240M |
| Deferred Revenue NC | $67M |
| Deferred Tax Liabilities | $272M |
| Other Non-Current Liabilities | $56M |
| TOTAL NON-CURRENT LIABILITIES | $635M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $535M |
| Retained Earnings | $2.5B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $240M |
| Net Debt | $211M |
