| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.2B | 8.1% | 10.6% |
| Op. Income | $327M | $271M | $235M | 20.7% | 39.1% |
| Gross Margin | 63.6% | 64.3% | 60.4% | -0.7pp | 3.2pp |
| Net Margin | 19.1% | 18.3% | 15.2% | 0.8pp | 3.9pp |
| EPS (Diluted) | $1.41 | $1.24 | $0.99 | 13.7% | 42.4% |
| Free Cash Flow | $245M | $182M | $369M | 34.6% | -33.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $492M |
| GROSS PROFIT | $859M |
| R&D Expenses | $210M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $319M |
| Other Expenses | $3M |
| Operating Expenses | $532M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $327M |
| Interest Income | $1M |
| Interest Expense | $19M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $307M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $258M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $258M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $258M |
| D&A | $55M |
| EBIT | $326M |
| EBITDA | $381M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $492M |
| GROSS PROFIT | $859M |
| R&D Expenses | $210M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $319M |
| Other Expenses | $3M |
| Operating Expenses | $532M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $327M |
| Interest Income | $1M |
| Interest Expense | $19M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $307M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $258M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $258M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $258M |
| D&A | $55M |
| EBIT | $326M |
| EBITDA | $381M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $258M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$70M |
| OPERATING CASH FLOW | $298M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | -$93M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$278M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$280M |
| FREE CASH FLOW | $245M |
| Net Change in Cash | -$92M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $0 |
| Net Receivables | $803M |
| Inventory | $810M |
| Other Current Assets | $387M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $872M |
| Goodwill | $1.6B |
| Intangible Assets | $228M |
| Long-Term Investments | $81M |
| Tax Assets | $673M |
| Other Non-Current Assets | $419M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $7.8B |
| Account Payables | $313M |
| Short-Term Debt | $0 |
| Deferred Revenue | $538M |
| Other Current Liabilities | $318M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $196M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $461M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $3.9B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$474M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $7.8B |
| Total Debt | $2.0B |
| Net Debt | $122M |
