| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $657M | $714M | $842M | -8.1% | -22.0% |
| Op. Income | $126M | $160M | $166M | -21.2% | -24.3% |
| Gross Margin | 44.6% | 44.4% | 38.8% | 0.1pp | 5.7pp |
| Net Margin | 14.5% | 15.9% | 14.6% | -1.4pp | -0.1pp |
| EPS (Diluted) | $0.92 | $1.05 | $1.08 | -12.4% | -14.8% |
| Free Cash Flow | $292M | -$227M | $129M | 228.8% | 127.5% |
| Item | Amount |
|---|---|
| REVENUE | $657M |
| Cost of Revenue | $364M |
| GROSS PROFIT | $293M |
| R&D Expenses | $0 |
| Selling & Marketing | $23M |
| General & Administrative | $75M |
| SG&A Expenses | $97M |
| Other Expenses | $70M |
| Operating Expenses | $167M |
| Cost & Expenses | $531M |
| OPERATING INCOME | $126M |
| Interest Income | $4M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $126M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | -$554.0K |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $11M |
| EBIT | $147M |
| EBITDA | $158M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $657M |
| Cost of Revenue | $364M |
| GROSS PROFIT | $293M |
| R&D Expenses | $0 |
| Selling & Marketing | $23M |
| General & Administrative | $75M |
| SG&A Expenses | $97M |
| Other Expenses | $70M |
| Operating Expenses | $167M |
| Cost & Expenses | $531M |
| OPERATING INCOME | $126M |
| Interest Income | $4M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $126M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | -$554.0K |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $11M |
| EBIT | $147M |
| EBITDA | $158M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $95M |
| Depreciation & Amortization | $133M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $17M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | $299M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $211.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $17.0K |
| Other Investing Activities | -$17.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$199M |
| Common Dividends Paid | -$46M |
| Other Financing Activities | $202M |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | $292M |
| Net Change in Cash | $94M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $907M |
| Short-Term Investments | $1.7B |
| Net Receivables | $740M |
| Inventory | $0 |
| Other Current Assets | $617M |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $667M |
| Goodwill | $378M |
| Intangible Assets | $120.0K |
| Long-Term Investments | $733M |
| Tax Assets | $408M |
| Other Non-Current Assets | $560M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $6.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | -$1.8B |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $72M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$696M |
| Accum. Other Comp. Income | -$290M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $716M |
| Minority Interest | $687M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $2.2B |
| Net Debt | $1.3B |
