| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.0B | $1.6B | 0.2% | 25.7% |
| Op. Income | $150M | $163M | $122M | -7.6% | 23.0% |
| Gross Margin | 20.0% | 19.8% | 20.3% | 0.2pp | -0.3pp |
| Net Margin | 5.7% | 6.3% | 5.9% | -0.6pp | -0.2pp |
| EPS (Diluted) | $3.05 | $3.34 | $2.40 | -8.7% | 27.1% |
| Free Cash Flow | $111M | $91M | $62M | 21.3% | 77.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $396M |
| R&D Expenses | $0 |
| Selling & Marketing | $162M |
| General & Administrative | $59M |
| SG&A Expenses | $221M |
| Other Expenses | $25M |
| Operating Expenses | $245M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $150M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $149M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $113M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $14M |
| EBIT | $150M |
| EBITDA | $165M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $396M |
| R&D Expenses | $0 |
| Selling & Marketing | $162M |
| General & Administrative | $59M |
| SG&A Expenses | $221M |
| Other Expenses | $25M |
| Operating Expenses | $245M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $150M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $149M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $113M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $14M |
| EBIT | $150M |
| EBITDA | $165M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $113M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $115M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$62M |
| Common Stock Repurchased | -$103M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$86.0K |
| NET CASH FROM FINANCING | -$175M |
| FREE CASH FLOW | $111M |
| Net Change in Cash | -$69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $42M |
| Net Receivables | $1.2B |
| Inventory | $0 |
| Other Current Assets | $169M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $316M |
| Goodwill | $41M |
| Intangible Assets | $0 |
| Long-Term Investments | $45M |
| Tax Assets | $0 |
| Other Non-Current Assets | $110M |
| TOTAL NON-CURRENT ASSETS | $512M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $671M |
| Short-Term Debt | $114M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $102M |
| TOTAL CURRENT LIABILITIES | $978M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $107M |
| TOTAL NON-CURRENT LIABILITIES | $182M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $684.0K |
| Additional Paid-In Capital | $252M |
| Retained Earnings | $2.5B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$12M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $857M |
| Minority Interest | $0 |
| TOTAL EQUITY | $857M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $226M |
| Net Debt | $148M |
