| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $192M | $179M | $166M | 7.2% | 15.5% |
| Op. Income | $37M | $34M | $39M | 9.7% | -5.3% |
| Gross Margin | 52.9% | 52.4% | 56.2% | 0.5pp | -3.3pp |
| Net Margin | 16.1% | 17.1% | 18.4% | -1.0pp | -2.4pp |
| EPS (Diluted) | $0.49 | $0.48 | $0.48 | 2.1% | 2.1% |
| Free Cash Flow | $52M | $31M | $45M | 68.5% | 14.9% |
| Item | Amount |
|---|---|
| REVENUE | $192M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $102M |
| R&D Expenses | $28M |
| Selling & Marketing | $18M |
| General & Administrative | $19M |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $2M |
| EBIT | $37M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $192M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $102M |
| R&D Expenses | $28M |
| Selling & Marketing | $18M |
| General & Administrative | $19M |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $2M |
| EBIT | $37M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$51M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $214M |
| Short-Term Investments | $0 |
| Net Receivables | $134M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $375M |
| PP&E (Net) | $36M |
| Goodwill | $62M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $20M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $140M |
| TOTAL ASSETS | $514M |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | $178M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $271M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $306M |
| Common Stock | $627.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $233M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $209M |
| Minority Interest | $0 |
| TOTAL EQUITY | $209M |
| TOTAL LIABILITIES & EQUITY | $514M |
| Total Debt | $19M |
| Net Debt | -$195M |
