| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.1B | $1.9B | -1.3% | 7.4% |
| Op. Income | $241M | $201M | $187M | 20.2% | 29.0% |
| Gross Margin | 25.2% | 23.1% | 22.0% | 2.1pp | 3.2pp |
| Net Margin | 7.9% | 6.5% | 6.3% | 1.4pp | 1.6pp |
| EPS (Diluted) | $1.97 | $1.64 | $1.46 | 20.1% | 34.9% |
| Free Cash Flow | -$4M | -$149M | -$163M | 97.6% | 97.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $514M |
| R&D Expenses | $0 |
| Selling & Marketing | $78M |
| General & Administrative | $89M |
| SG&A Expenses | $167M |
| Other Expenses | $106M |
| Operating Expenses | $273M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $241M |
| Interest Income | $10M |
| Interest Expense | $29M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $212M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $70M |
| EBIT | $241M |
| EBITDA | $311M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $514M |
| R&D Expenses | $0 |
| Selling & Marketing | $78M |
| General & Administrative | $89M |
| SG&A Expenses | $167M |
| Other Expenses | $106M |
| Operating Expenses | $273M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $241M |
| Interest Income | $10M |
| Interest Expense | $29M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $212M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $70M |
| EBIT | $241M |
| EBITDA | $311M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $161M |
| Depreciation & Amortization | $70M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$86.0K |
| Other Non-Cash Items | $49M |
| Change in Working Capital | -$221M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$76M |
| Acquisitions (Net) | -$20M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$97M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $700M |
| Short-Term Investments | $16M |
| Net Receivables | $2.4B |
| Inventory | $0 |
| Other Current Assets | $978M |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $824M |
| Goodwill | $1.6B |
| Intangible Assets | $433M |
| Long-Term Investments | $110M |
| Tax Assets | $6M |
| Other Non-Current Assets | $504M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $7.7B |
| Account Payables | $2.0B |
| Short-Term Debt | $0 |
| Deferred Revenue | $167M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $167M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $383M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $129.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $2.6B |
| Treasury Stock | -$2.6B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $3.0B |
| Net Debt | $2.3B |
