| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $478M | $494M | $434M | -3.2% | 10.3% |
| Op. Income | $112M | $126M | $91M | -11.2% | 22.4% |
| Gross Margin | 41.0% | 42.7% | 38.3% | -1.8pp | 2.7pp |
| Net Margin | 17.7% | 19.4% | 16.5% | -1.7pp | 1.2pp |
| EPS (Diluted) | $1.16 | $1.30 | $0.95 | -10.8% | 22.1% |
| Free Cash Flow | $98M | $78M | $32M | 26.2% | 204.4% |
| Item | Amount |
|---|---|
| REVENUE | $478M |
| Cost of Revenue | $282M |
| GROSS PROFIT | $196M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $54M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $367M |
| OPERATING INCOME | $112M |
| Interest Income | $3.0K |
| Interest Expense | $691.0K |
| Other Income/Expenses | -$688.0K |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $44M |
| EBIT | $112M |
| EBITDA | $156M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $478M |
| Cost of Revenue | $282M |
| GROSS PROFIT | $196M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $54M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $367M |
| OPERATING INCOME | $112M |
| Interest Income | $3.0K |
| Interest Expense | $691.0K |
| Other Income/Expenses | -$688.0K |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $44M |
| EBIT | $112M |
| EBITDA | $156M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $61.0K |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $104M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | $1.0K |
| Common Dividends Paid | -$36M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$49M |
| FREE CASH FLOW | $98M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $248M |
| Inventory | $0 |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $471M |
| PP&E (Net) | $215M |
| Goodwill | $687M |
| Intangible Assets | $498M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $400M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $150M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $320M |
| Long-Term Debt | $225M |
| Deferred Revenue NC | $67M |
| Deferred Tax Liabilities | $276M |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $623M |
| TOTAL LIABILITIES | $943M |
| Common Stock | $1M |
| Additional Paid-In Capital | $543M |
| Retained Earnings | $2.6B |
| 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 | $225M |
| Net Debt | $185M |
